BlackletterCalifornia law

CHAPTER 16. California Safe Drinking Water Bond Law of 1988 [14000. - 14040.]

Chapter 16 added by Stats. 1988, Ch. 45, Sec. 1.

§§ 14000–14040 · 36 sections

  1. ARTICLE 1. General Provisions §§ 14000–14004 · 5 sections
    • § 14000 This chapter shall be known and may be cited as the California Safe Drinking Water Bond Law of 1988.
    • § 14001 The Legislature hereby finds and declares all of the following: (a) The State Department of Health Services has discovered toxic chemicals in 126 of…
    • § 14002 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…
    • § 14003 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…
    • § 14004 As used in this chapter, the following terms shall have the following meanings: (a) “Committee” means the Safe Drinking Water Finance Committee created by…
  2. ARTICLE 2. California Safe Drinking Water Program §§ 14010–14029 · 19 sections
    • § 14010 The proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the California Safe Drinking Water Fund, which is hereby created.
    • § 14011 (a) Notwithstanding Section 13340 of the Government Code, an aggregate amount of seventy-five million dollars ($75,000,000) of the moneys in the fund are…
    • § 14012 (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…
    • § 14013 Applications for loans and grants under this chapter shall be made to the department in the form and with the supporting material as prescribed by the…
    • § 14015 (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…
    • § 14016 An application for a grant pursuant to this chapter shall not be approved by the department, unless the State Department of Health Services determines that the…
    • § 14017 First priority for grants shall be granted to public agencies having immediate health related problems, as certified by the State Department of Health…
    • § 14018 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…
    • § 14019 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…
    • § 14020 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…
    • § 14021 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…
    • § 14022 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…
    • § 14023 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…
    • § 14024 The department shall establish the interest rate for loans made pursuant to this chapter at 50 percent of the true interest cost to the state of general…
    • § 14025 (a) The department, after public notice and hearing and with the concurrence of the State Department of Health Services, shall adopt rules and regulations…
    • § 14026 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…
    • § 14027 (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…
    • § 14028 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…
    • § 14029 (a) As approved annually by the Legislature in the Budget Act, the department, notwithstanding Section 14022, may expend money repaid to the state pursuant to…
  3. ARTICLE 3. Fiscal Provisions §§ 14030–14040 · 12 sections
    • § 14030 Bonds in the total amount of seventy-five million dollars ($75,000,000), exclusive of refunding bonds issued pursuant to Section 14039, or so much thereof as…
    • § 14031 The bonds authorized by this chapter shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law…
    • § 14032 (a) Solely for the purpose of authorizing the issuance and sale, pursuant to the State General Obligation Bond Law, of the bonds authorized by this chapter,…
    • § 14033 The committee shall determine whether or not it is necessary or desirable to issue bonds authorized pursuant to this chapter in order to carry out the actions…
    • § 14034 There shall be collected each year and in the same manner and at the same time as other state revenue is collected, in addition to the ordinary revenues of the…
    • § 14035 Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this…
    • § 14036 For the purposes of carrying out this chapter, the Director of Finance may, by written order, authorize the withdrawal from the General Fund of an amount or…
    • § 14036.5 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…
    • § 14037 All money deposited in the fund which is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for…
    • § 14038 The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that…
    • § 14039 Any bonds issued and sold pursuant to this chapter may be refunded by the issuance of refunding bonds in accordance with Article 6 (commencing with Section…
    • § 14040 The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the…