CHAPTER 4. Powers and Functions of Agency [81415. - 81442.]

Chapter 4 added by Stats. 2002, Ch. 844, Sec. 1.

§§ 81415–81442 · 28 sections

1. ARTICLE 1. Powers §§ 81415–81423 · 9 sections

   • § 81415 The agency may exercise the powers that are expressly granted by this division, together with other powers that are reasonably implied from those express…
   • § 81416 The agency may adopt a seal and alter it at pleasure.
   • § 81417 The agency may adopt regulations to carry out this division.
   • § 81418 (a) The agency may make contracts of any nature, including, but not limited to, contracts to employ labor, to indemnify and hold harmless, and to do all acts…
   • § 81419 The agency may take by grant, purchase, bequest, devise, lease, or eminent domain, and may hold, enjoy, lease, sell, or otherwise dispose of real and personal…
   • § 81420 The agency may plan, finance, acquire, construct, maintain, and operate facilities for the collection, transmission, treatment, reclamation, reuse, and…
   • § 81421 The agency may disseminate information concerning its activities.
   • § 81422 The agency may apply for and receive state and federal grants, loans, and other financial assistance, including, but not limited to, assistance available…
   • § 81423 (a) The agency may assist any of the entities identified in Section 81460 that are subject to Part 2.55 (commencing with Section 10608) of Division 6 to meet…
2. ARTICLE 2. Financial Matters §§ 81425–81435 · 11 sections

   • § 81425 The board shall adopt a budget for each fiscal year.
   • § 81426 The accounts of the agency shall be audited annually in accordance with generally accepted auditing standards by independent certified public accountants with…
   • § 81427 The agency may borrow money, incur indebtedness, and issue notes and bonds, as provided in this division or as otherwise authorized by law.
   • § 81428 (a) The agency may issue revenue bonds upon the adoption of an ordinance by a two-thirds vote of all of the members of the board present and voting which also…
   • § 81429 The agency may issue bonds for the purpose of refunding any revenue bonds of the agency, whether due or not due.
   • § 81430 The agency may issue negotiable promissory notes to acquire funds for any agency purpose. The notes shall have a term not to exceed five years. The total…
   • § 81431 The authority granted pursuant to the Improvement Act of 1911 (Division 7 (commencing with Section 5000) of the Streets and Highways Code), the Municipal…
   • § 81432 Bonds and other evidences of indebtedness issued by the agency are legal investments for all trust funds and for funds of all insurers, commercial and savings…
   • § 81433 The board may impose assessments sufficient to pay the operating expenses included in the budget, which shall be an obligation of each member public entity,…
   • § 81434 The agency may use proceeds of bonds authorized by this division for the construction, reconstruction, or improvement of any works carried out by the agency.…
   • § 81435 The agency may impose reasonable rates, fees, and charges on Stanford University, the California Water Service Company, and the agency’s member public entities…
3. ARTICLE 2.5. Additional Financing Authority §§ 81436–81438 · 5 sections

   • § 81436 For the purposes of this article, the following definitions shall apply: (a) “BAWSCA members” means Stanford University, the California Water Service Company,…
   • § 81436.5 The agency may prepay all or a portion of any unpaid principal balance relating to the existing capital assets as of June 30, 2009, on behalf of BAWSCA…
   • § 81437 (a) (1) The agency may acquire from the City and County of San Francisco the right to receive all or a portion of the amounts payable by BAWSCA members under…
   • § 81437.5 In addition to the uses authorized in Section 81434, the agency may use proceeds of bonds issued pursuant to this division as follows: (a) For the…
   • § 81438 (a) In addition to the authority granted in Section 81435, the agency may do all of the following: (1) Impose reasonable rates, fees, and charges on BAWSCA…
4. ARTICLE 3. Controversies §§ 81440–81442 · 3 sections

   • § 81440 The agency may sue and be sued in all actions and proceedings and in all courts and tribunals of competent jurisdiction.
   • § 81441 All claims for money or damages against the agency are governed by Part 3 (commencing with Section 900) and Part 4 (commencing with Section 940) of Division…
   • § 81442 An action to determine the validity of any contract, or any bond, note, or other evidence of indebtedness, may be brought pursuant to Chapter 9 (commencing…