ARTICLE 6. Seawater Intrusion Control [78648. - 78648.16.]

Article 6 added by Stats. 1996, Ch. 135, Sec. 1.

§§ 78648–78648.16 · 9 sections

• § 78648 Unless the context otherwise requires, the following definitions govern the construction of this article: (a) (1) “Eligible seawater intrusion control project”…
• § 78648.2 (a) There is hereby created in the account the Seawater Intrusion Control Subaccount. The sum of ten million dollars ($10,000,000) is hereby transferred from…
• § 78648.4 The board may enter into contracts to make loans to local agencies for the purposes set forth in this article.
• § 78648.6 Any contract for a loan entered into pursuant to Section 78648.4 may include those provisions determined by the board to be necessary for purposes of this…
• § 78648.8 (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…
• § 78648.10 (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…
• § 78648.12 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…
• § 78648.14 The board may, by contract or otherwise, undertake plans, surveys, research, development, and studies necessary, convenient, or desirable to carry out the…
• § 78648.16 Not more than 3 percent of the total amount deposited in the subaccount may be used to pay for both of the following: (a) To pay the costs incurred in…