CHAPTER 10.7. California Safe Drinking Water Bond Law of 1986 [13895. - 13898.5.]

Chapter 10.7 added by Stats. 1986, Ch. 410, Sec. 1.

§§ 13895–13898.5 · 36 sections

§ 13895 This chapter shall be known and may be cited as the California Safe Drinking Water Bond Law of 1986.
§ 13895.1 The Legislature hereby finds and declares all of the following: (a) The State Department of Health Services has discovered toxic chemicals in 126 of…
§ 13895.2 The Legislature further finds and declares that the protection of the health, safety, and welfare of the people of California requires that water supplied for…
§ 13895.3 The Legislature further finds and declares that it is the intent of the Legislature to provide for the upgrading of domestic water supply systems to assure…
§ 13895.4 The State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of Division 4 of Title 2 of the Government Code) is adopted for the…
§ 13895.5 As used in this chapter, and for purposes of this chapter as used in the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3…
§ 13895.6 The Safe Drinking Water Finance Committee is hereby created. The committee shall consist of the Governor, the Treasurer, the Director of Finance, the Director…
§ 13895.7 There is in the State Treasury the California Safe Drinking Water Fund, which fund is hereby created.
§ 13895.8 The committee may create a debt or debts, liability or liabilities, of the State of California, in an aggregate amount of one hundred million dollars…
§ 13895.9 (a) An aggregate amount of one hundred million dollars ($100,000,000) of the moneys in the fund are hereby continuously appropriated and shall be used for the…
§ 13896 (a) The department may make state grants to suppliers that are political subdivisions of the state, from moneys in the fund available for that purpose pursuant…
§ 13896.1 Applications for grants under this chapter shall be made to the department in the form and with the supporting material as prescribed by the department.
§ 13896.2 The department shall prepare a report on each grant application pursuant to this chapter. The report shall be filed with the Legislature, if it is in session…
§ 13896.3 (a) Loans and grants may be made only for projects for domestic water systems. The State Department of Health Services may make reasonable allowance for future…
§ 13896.4 An application for a grant pursuant to this chapter shall not be approved by the department, unless the department determines that the public agency is…
§ 13896.5 First priority for grants shall be granted to public agencies having immediate health related problems, as certified by the State Department of Health…
§ 13896.6 First priority for loans shall be given to suppliers with the most critical public health problems. Priority for loans shall also be given to suppliers which…
§ 13896.7 Preliminary design work, including a cost estimate for the project, shall be completed before a loan or grant is awarded. Operation and maintenance costs shall…
§ 13896.8 No application for a grant may be made pursuant to this chapter unless the public agency has also applied for a loan pursuant to this chapter. A public agency…
§ 13896.9 Grant funds shall be expended by the public agency within three years of the making of the grant. No grant funds may be expended by the public agency unless…
§ 13897 For the purpose of administering this chapter, the total expenditures of the department and the State Department of Health Services may not exceed 5 percent of…
§ 13897.1 As much of the moneys in the fund as may be necessary shall be used to reimburse the General Obligation Bond Expense Revolving Fund pursuant to Section 16724.5…
§ 13897.2 Repayment of all or part of the principal, which is the loan plus the administrative fee, may be deferred during a development period not exceeding 10 years…
§ 13897.3 The department shall annually establish the interest rate for loans made pursuant to this chapter at 50 percent of the average interest rate, computed by the…
§ 13897.4 (a) The department, after public notice and hearing and with the concurrence of the State Department of Health Services, shall adopt rules and regulations…
§ 13897.5 The State Department of Health Services shall notify suppliers that may be eligible for loans pursuant to this chapter of (a) the purposes of this chapter and…
§ 13897.6 (a) The State Department of Health Services, after public notice and hearing and with the advice of the department, shall, from time to time, establish a…
§ 13897.8 Not more than twenty-five million dollars ($25,000,000) of state loans for projects shall be authorized by the department in a single calendar quarter. No…
§ 13897.9 All bonds authorized, which have been duly sold and delivered pursuant to this chapter, shall constitute valid and legally binding general obligations of the…
§ 13898 (a) All money repaid to the state pursuant to any contract executed under Section 13895.9 shall be deposited in the General Fund and, when so deposited, shall…
§ 13898.1 There is hereby appropriated from the General Fund in the State Treasury, for the purpose of this chapter, an amount equal to the sum of the following: (a) The…
§ 13898.2 For the purpose of carrying out this chapter, the Director of Finance may, by executive order, authorize the withdrawal from the General Fund of an amount or…
§ 13898.25 Notwithstanding any other provision of this bond act, or of the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of…
§ 13898.3 Upon request of the department, supported by a statement of the proposed arrangements to be made pursuant to Section 13895.9 for the purposes stated therein,…
§ 13898.4 The committee may authorize the Treasurer to sell all or any part of the bonds authorized at the time or times as fixed by the Treasurer.
§ 13898.5 All proceeds from the sale of bonds, except those derived from premiums and accrued interest, are available for the purpose provided in Section 13898.5, but…