Section 62302.
62302. For purposes of this division: (a) “District” means a climate resilience district formed pursuant to this division. (b) (1) “Eligible project” means a project, including a capital project, that is designed and implemented to address climate change mitigation, adaptation, or resilience, including, but not limited to, all of the following: (A) A project that addresses river, bay, or […]
Section 62303.
62303. (a) (1) A city, county, city and county, or a combination of any of those entities may form a climate resilience district pursuant to this division. (2) The boundaries of the district shall be one of the following: (A) Coterminous with the city, county, or city and county forming the district. (B) Within a city, county, or city and […]
Section 62303.5.
62303.5. (a) Notwithstanding the procedures for establishing a district under this division, the authority shall be deemed a climate resilience district and is hereby granted all of the powers described in Section 62307, except as provided in subdivision (c). (b) Notwithstanding subdivision (a) of Section 62305, the legislative body of the district formed pursuant to this section […]
Section 62304.
62304. (a) Proceedings for the establishment of a district shall be instituted by the adoption of a resolution of intention to establish the proposed district and shall do all of the following: (1) State that a district is proposed to be established pursuant to this division and describe the boundaries of the proposed district, which may be […]
Section 62305.
62305. (a) A district shall be governed by a board that has the same membership as a public financing authority as described in Section 53398.51.1. The board shall have the same powers and requirements as a public financing authority, unless otherwise specified. (b) The legislative body shall ensure the district board is established at the same time […]
Section 62306.
62306. (a) A minimum of 95 percent of the allocated tax increment revenues pursuant to subdivision (b) of Section 62304 shall be used to fund eligible projects. (b) Not more than 5 percent of allocated revenues may be used for administration. (Added by Stats. 2022, Ch. 266, Sec. 1. (SB 852) Effective January 1, 2023.)
Section 62307.
62307. In addition to the powers granted to an enhanced infrastructure financing district pursuant to Chapter 2.99 (commencing with Section 53398.50) of Part 1 of Division 2 of Title 5, a district has the power to do all of the following within the territorial jurisdiction of a city, county, or city and county that is […]
Section 62308.
62308. (a) If a district proposes a measure that will generate revenues for the district that requires voter approval pursuant to the California Constitution, the board of supervisors of the county or counties in which the district has determined to place the measure on the ballot shall call a special election on the measure. The special […]
Section 62309.
62309. (a) Each district shall prepare an annual expenditure plan that identifies and describes the operations and eligible projects undertaken by the district. The expenditure plan shall be, after public review and hearing, adopted by the governing body of the district and subject to review and revision at least annually. (b) Each district shall also prepare and […]
Section 62310.
62310. (a) A district shall provide for regular audits of its accounts and records, maintain accounting records, and report accounting transactions in accordance with generally accepted accounting principles adopted by the Governmental Accounting Standards Board of the Financial Accounting Foundation for both public reporting purposes and for reporting of activities to the Controller. (b) A district shall […]