California Water Code CHAPTER 10.5 - California Safe Drinking Water Bond Law of 1976

• Section 13850.
  This chapter shall be known and may be cited as the California Safe Drinking Water Bond Law of 1976.(Added by Stats. 1975, Ch. 1008. Approved...
• Section 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...
• Section 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 other...
• Section 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...
• Section 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...
• Section 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...
• Section 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 Director...
• Section 13859.
  There is in the State Treasury the California Safe Drinking Water Fund which fund is hereby created.(Added by Stats. 1975, Ch. 1008. Approved in Proposition...
• Section 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...
• Section 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 to...
• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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,...
• Section 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...
• Section 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...
• Section 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...
• Section 13869.
  All bonds herein authorized, which shall have been duly sold and delivered as herein provided, shall constitute valid and legally binding general obligations of the...
• Section 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...
• Section 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...
• Section 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...
• Section 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...
• Section 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,...
• Section 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...
• Section 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,...

Last modified: October 22, 2018