ARTICLE 6. Seawater Intrusion Control

Article 6 added by Stats. 1999, Ch. 725, Sec. 1.

§§ 79149–79149.16 · 10 sections

• § 79149 Unless the context otherwise requires, the following definitions govern the construction of this article: (a) (1) “Eligible seawater intrusion control project”…
• § 79149.2 (a) There is hereby created in the account the Seawater Intrusion Control Subaccount. The sum of twenty-five million dollars ($25,000,000) is hereby…
• § 79149.3 Unallocated funds remaining in the Seawater Intrusion Control Subaccount in the Clean Water and Water Recycling Account in the Safe, Clean, Reliable Water…
• § 79149.4 The board may enter into contracts to make loans to local agencies for the purposes set forth in this article.
• § 79149.6 Any contract for a loan entered into pursuant to Section 79149.4 may include those provisions determined by the board to be necessary for the purposes of this…
• § 79149.8 (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…
• § 79149.10 (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…
• § 79149.12 All principal and interest payments received pursuant to loan contracts entered into pursuant to this article shall be deposited in the subaccount.
• § 79149.14 The board may, by contract or otherwise, undertake plans, surveys, research, development, and studies necessary, convenient, or desirable to carry out the…
• § 79149.16 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…