ARTICLE 2. Clean Water Loans and Grants [78610. - 78619.]
Article 2 added by Stats. 1996, Ch. 135, Sec. 1.
§§ 78610–78619 · 11 sections
- § 78610 Unless the context otherwise requires, the following definitions govern the construction of this article: (a) “Eligible project” means a project or activity…
- § 78611 There is hereby created in the account both of the following subaccounts: (a) The State Revolving Fund Loan Subaccount. (b) The Small Communities Grant…
- § 78612 The board may, by contract or otherwise, undertake plans, surveys, research, development, and studies necessary or desirable to carry out this article, and may…
- § 78612.5 Not more than 3 percent of the total amount deposited in the State Revolving Fund Loan Subaccount and the Small Communities Grant Subaccount may be used for…
- § 78613 The following amounts are hereby transferred from the account to the State Revolving Fund Loan Subaccount and the Small Communities Grant Subaccount and,…
- § 78614 For purposes of subdivision (a) of Section 78613, the board may make loans to municipalities, pursuant to contract, to aid in the construction or…
- § 78615 For purposes of subdivision (b) of Section 78613, the board may make grants to small communities so that any combined federal and state grant does not exceed…
- § 78616 Any contract entered into pursuant to this article for loans or grants may include provisions determined by the board, and shall include all of the following…
- § 78617 All contracts entered into pursuant to this article for loans or grants are also subject to both of the following requirements: (a) Public entities seeking…
- § 78618 Any loan made pursuant to subdivision (a) of Section 78613 shall be for a period not to exceed 20 years, with an interest rate set in accordance with Section…
- § 78619 All principal and interest payments received pursuant to loan contracts entered into pursuant to this article shall be deposited in the State Revolving Fund…