CHAPTER 10.5. California Safe Drinking Water Bond Law of 1976

Chapter 10.5 added by Stats. 1975, Ch. 1008.

§§ 13850–13875 · 29 sections

§ 13850 This chapter shall be known and may be cited as the California Safe Drinking Water Bond Law of 1976.
§ 13851 The Legislature hereby finds and declares that it is necessary for the preservation of the health, safety, and welfare of the people of California that water…
§ 13854 The Legislature further finds and declares that a number of domestic water supply systems are inadequate and do not meet minimum bacteriological, chemical, or…
§ 13855 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…
§ 13856 The State General Obligation Bond Law is adopted for the purpose of the issuance, sale, and repayment of, and otherwise providing with respect to, the bonds…
§ 13857 As used in this chapter, and for purposes of this chapter as used in the State General Obligation Bond Law, the following words shall have the following…
§ 13858 The Safe Drinking Water Finance Committee is hereby created. The committee shall consist of the Governor, the State Treasurer, the Director of Finance, the…
§ 13859 There is in the State Treasury the California Safe Drinking Water Fund which fund is hereby created.
§ 13860 The committee is hereby empowered to create a debt or debts, liability or liabilities, of the State of California, in an aggregate amount of one hundred…
§ 13861 (a) The moneys in the fund are hereby continuously appropriated and shall be used for the purposes set forth in this section. (b) The department is authorized…
§ 13862 For the purpose of administering this chapter, the total expenditures of the department and the State Department of Health Services may not exceed 3 percent of…
§ 13863 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…
§ 13864 Loans may be made only for projects for domestic water systems. The department may make reasonable allowance for future water-supply needs and may provide for…
§ 13865 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…
§ 13866 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…
§ 13867 The department shall require the payment of interest on each loan that is made pursuant to the provisions of this chapter at a rate equal to the average, as…
§ 13868 The department, after public notice and hearing and with the advice of the State Department of Health Services, shall adopt rules and regulations necessary to…
§ 13868.1 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…
§ 13868.3 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 priority…
§ 13868.5 Upon approval by the State Department of Health Services of project plans submitted by a supplier on the priority list and upon issuance to the supplier of a…
§ 13868.7 No more than twenty million dollars ($20,000,000) of state loans for projects shall be authorized by the department in a single calendar quarter. No contract…
§ 13869 All bonds herein authorized, which shall have been duly sold and delivered as herein provided, shall constitute valid and legally binding general obligations…
§ 13870 All money repaid to the state pursuant to any contract executed under the provisions of Section 13861 shall be deposited in the General Fund and when so…
§ 13871 There is hereby appropriated from the General Fund in the State Treasury for the purpose of this chapter such an amount as will equal the following: (a) Such…
§ 13872 For the purpose of carrying out the provisions of this chapter, the Director of Finance may by executive order authorize the withdrawal from the General Fund…
§ 13872.5 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…
§ 13873 Upon request of the department, supported by a statement of the proposed arrangements to be made pursuant to Section 13861 for the purposes therein stated, the…
§ 13874 The committee may authorize the State Treasurer to sell all or any part of the bonds herein authorized at such time or times as may be fixed by the State…
§ 13875 All proceeds from the sale of bonds, except those derived from premiums and accrued interest, shall be available for the purpose provided in Section 13861, but…