CHAPTER 12.5. Clean Water and Water Conservation Bond Law of 1978 [13955. - 13969.]
Chapter 12.5 added by Stats. 1977, Ch. 1160.
§§ 13955–13969 · 18 sections
- § 13955 This chapter shall be known and may be cited as the Clean Water and Water Conservation Bond Law of 1978.
- § 13956 The Legislature hereby finds and declares that clean water, which fosters the health of the people, the beauty of their environment, the expansion of industry…
- § 13956.5 The Legislature further finds and declares that the people of the state have a primary interest in the development and implementation of programs, devices, and…
- § 13957 It is the intent of this chapter to provide necessary funds to insure the full participation by the state under the provisions of Title II of the Federal Water…
- § 13958 The State General Obligation Bond Law is adopted for the purpose of the issuance, sale and repayment of, and otherwise providing with respect to, the bonds…
- § 13959 As used in this chapter, and for the purposes of this chapter as used in the State General Obligation Bond Law, the following words shall have the following…
- § 13959.5 There is in the State Treasury the State Clean Water and Water Conservation Fund, which fund is hereby created.
- § 13960 The Clean Water and Water Conservation Finance Committee is hereby created. The committee shall consist of the Governor or his designated representative, the…
- § 13961 The committee is hereby authorized and empowered to create a debt or debts, liability or liabilities, of the State of California, in the aggregate amount of…
- § 13962 (a) The moneys in the fund shall be used for the purposes set forth in this section. (b) The board is authorized to enter into contracts with municipalities…
- § 13963 All bonds herein authorized, which shall have been duly sold and delivered as herein provided, shall constitute valid and legally binding general obligations…
- § 13964 All money deposited in the fund pursuant to any provision of law requiring repayments to the state for assistance financed by the proceeds of the bonds…
- § 13965 There is hereby appropriated from the General Fund in the State Treasury for the purpose of this chapter such an amount as will equal the following: (a) Such…
- § 13966 For the purpose of carrying out the provisions of this chapter, the Director of Finance may by executive order authorize the withdrawal from the General Fund…
- § 13966.5 Notwithstanding any other provision of this bond act, or of the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of…
- § 13967 Upon request of the board, supported by a statement of the proposed arrangements to be made pursuant to Section 13962 for the purpose therein stated, the…
- § 13968 The committee may authorize the State Treasurer to sell all or any part of the bonds herein authorized at such time or times as may be fixed by the State…
- § 13969 All proceeds from the sale of bonds, except those derived from premiums and accrued interest, shall be available for the purpose provided in Section 13962 but…