Section 79149.10.
79149.10. (a) The board shall establish the interest rate for a loan made pursuant to this article at a rate equal to 50 percent of the interest rate paid by the state on the most recent sale of state general obligation bonds, to be computed according to the true interest cost method. (b) If the interest rate […]
Section 79149.12.
79149.12. All principal and interest payments received pursuant to loan contracts entered into pursuant to this article shall be deposited in the subaccount. (Added by Stats. 1999, Ch. 725, Sec. 1. Approved in Proposition 13 at the March 7, 2000, election.)
Section 79149.14.
79149.14. The board may, by contract or otherwise, undertake plans, surveys, research, development, and studies necessary, convenient, or desirable to carry out the purposes of this article. (Added by Stats. 1999, Ch. 725, Sec. 1. Approved in Proposition 13 at the March 7, 2000, election.)
Section 79149.16.
79149.16. Not more than 3 percent of the total amount deposited in the subaccount may be used to pay for both of the following: (a) To pay the costs incurred in connection with the administration of this article. (b) For the purposes of Section 79149.14. (Added by Stats. 1999, Ch. 725, Sec. 1. Approved in Proposition 13 […]
Section 79148.10.
79148.10. (a) Sixty percent of the money in the subaccount shall be allocated to projects in the Counties of Riverside, Ventura, Los Angeles, San Diego, Orange, or San Bernardino. (b) Forty percent of the money in the subaccount shall be allocated to projects in the counties not described in subdivision (a). (Added by Stats. 1999, Ch. 725, […]
Section 79148.12.
79148.12. The board shall provide opportunity for public review and comment in awarding funds pursuant to this article, and may, in consultation with the California Coastal Commission, adopt regulations to implement this article. (Added by Stats. 1999, Ch. 725, Sec. 1. Approved in Proposition 13 at the March 7, 2000, election.)
Section 79148.14.
79148.14. No project shall receive funds under this article if it receives funds pursuant to Article 2 (commencing with Section 79110). (Added by Stats. 1999, Ch. 725, Sec. 1. Approved in Proposition 13 at the March 7, 2000, election.)
Section 79148.15.
79148.15. Notwithstanding any other provision of this article, three million dollars ($3,000,000), upon appropriation by the Legislature to the board, shall be allocated by the board to the San Diego County Water Authority for environmental studies and engineering studies for the San Diego Regional Conveyance Facility. (Added by Stats. 1999, Ch. 725, Sec. 1. Approved […]
Section 79148.16.
79148.16. Not more than 5 percent of the total amount deposited in the subaccount may be used to pay the costs incurred in connection with the administration of this article. (Added by Stats. 1999, Ch. 725, Sec. 1. Approved in Proposition 13 at the March 7, 2000, election.)
Section 79149.
79149. Unless the context otherwise requires, the following definitions govern the construction of this article: (a) (1) “Eligible seawater intrusion control project” means a project that meets all of the following requirements: (A) The project is necessary to protect groundwater and meets both of the following requirements: (i) The project is within a basin that is subject to a […]