PART 1. PORT INFRASTRUCTURE FINANCING
Part 1 added by Stats. 1992, Ch. 1235, Sec. 3.
§§ 1690–1719 · 27 sections
CHAPTER 1. Findings and Definitions §§ 1690–1699 · 10 sections
ARTICLE 1. Legislative Findings § 1690 · 1 section
- § 1690 The Legislature finds and declares all of the following: (a) The state has a compelling interest in the success of its ports and harbors because they provide…
ARTICLE 2. Definitions §§ 1691–1699 · 9 sections
- § 1691 The definitions in this article govern the construction of this part.
- § 1692 “Authority” means a joint powers entity or nonprofit public benefit corporation created in accordance with Section 1700.
- § 1693 “Bonds” means bonds, notes, bond anticipation notes, commercial paper, or other evidences of indebtedness or lease, installment sale, or other agreements or…
- § 1694 “Harbor agency” means any state or local agency, city, county, city and county, harbor district, port district, harbor improvement district, river port…
- § 1695 “Infrastructure fund” means a port or harbor infrastructure fund established by an authority pursuant to Section 1700.
- § 1696 “Joint powers laws” means Chapter 5 (commencing with Section 6500) of Division 7 of Title 1 of the Government Code.
- § 1697 “Member” means any harbor agency that is party to an agreement establishing an authority pursuant to Section 1700.
- § 1698 (a) “Port or harbor infrastructure” means any of the following, if its primary or predominant use is of direct benefit to the port or harbor: (1) Streets,…
- § 1699 “Seaport infrastructure financing district” means an enhanced infrastructure financing district that finances port or harbor infrastructure created in…
CHAPTER 2. Formation and Powers of an Authority §§ 1700–1706 · 7 sections
- § 1700 (a) Any two or more harbor agencies may, pursuant to the joint powers law, establish an authority, separate from the parties to the agreement, for the purpose,…
- § 1701 An authority established pursuant to Section 1700 shall deposit into an infrastructure fund established by the authority all of the following: (a) Any federal,…
- § 1702 An authority may establish one or more subaccounts within the infrastructure fund, and may treat each subaccount as separate and distinct. Money in the…
- § 1703 Subject to the terms and conditions determined by an authority that establishes an infrastructure fund, including, but not limited to, any terms and conditions…
- § 1704 In addition to any purpose authorized under the joint powers law for which bonds may be issued, an authority may issue bonds in the manner set forth in Article…
- § 1705 Exclusively for purposes of securing the financing of port or harbor infrastructure, any harbor agency may borrow funds from, or otherwise secure financing…
- § 1706 (a) Before any public funds are allocated pursuant to this part for a privately owned port or harbor infrastructure, as specified in subdivision (b) of Section…
CHAPTER 3. Seaport Infrastructure Financing Districts §§ 1710–1719 · 10 sections
- § 1710 The Legislature finds and declares all of the following: (a) In addition to the findings and declarations in Section 53398.50 of the Government Code, the…
- § 1711 As used in this chapter, “public financing authority” has the same meaning as provided in Section 53398.51 of the Government Code.
- § 1712 When designated by the legislative body pursuant to Section 53398.62 of the Government Code, the harbor agency shall prepare a proposed infrastructure…
- § 1713 (a) Upon receipt of a resolution from the public financing authority promulgated under subdivision (a) of Section 53398.80.5 of the Government Code, the harbor…
- § 1714 (a) Upon receipt of a preliminary approval from a harbor agency granted pursuant to Section 1713, the State Lands Commission shall consider the proposal and…
- § 1715 (a) Except as provided in subdivision (b), Chapter 2.99 (commencing with Section 53398.50) of Part 1 of Division 2 of Title 5 of the Government Code shall…
- § 1716 All permanent fixtures and capital improvements to the real property of a harbor agency that administers public trust tidelands made pursuant to a seaport…
- § 1717 If a harbor agency administering granted public trust property is a department of a local governmental body, any negotiations between the two entities with…
- § 1718 (a) Pursuant to Section 6009 of the Public Resources Code, the State Lands Commission shall retain absolute discretion over the determination of whether or not…
- § 1719 This chapter shall not apply to the Stockton Port District, as established pursuant to Part 4 (commencing with Section 6200) of Division 8, or to a river port…