ARTICLE 3. Water Recycling Program [78620. - 78630.]

Article 3 added by Stats. 1996, Ch. 135, Sec. 1.

§§ 78620–78630 · 11 sections

• § 78620 Unless the context otherwise requires, the following definitions govern the construction of this article: (a) “Eligible recycling project” means a water…
• § 78621 (a) (1) There is hereby created in the account the Water Recycling Subaccount. The sum of sixty million dollars ($60,000,000) is hereby transferred from the…
• § 78622 The board may enter into contracts to make loans to public agencies for the purposes set forth in this article. Factors to be considered by the board in…
• § 78623 Any contract for a loan entered into pursuant to Section 78622 may include those provisions determined by the board to be necessary for purposes of this…
• § 78624 (a) A contract for a loan may not provide for a moratorium on the payment of the principal of, or interest on, the loan. (b) Any loan made pursuant to Section…
• § 78625 (a) The board shall establish the interest rate for a loan made pursuant to this article at a rate equal to 50 percent of the interest rate paid by the state…
• § 78626 Unallocated funds remaining in the subaccount on March 8, 2000, and any funds deposited into the subaccount after that date, shall be transferred to, and all…
• § 78627 All interest earned by assets in the subaccount shall be deposited in the subaccount.
• § 78628 The board may make grants to public agencies for facility planning studies for water reclamation projects. The amount of the grants may not exceed seventy-five…
• § 78629 The board may, by contract or otherwise, undertake plans, surveys, research, development, and studies necessary, convenient, or desirable to carry out the…
• § 78630 Not more than 3 percent of the total amount deposited in the subaccount may be used to pay for both of the following purposes: (a) To pay the costs incurred in…