78648. Unless the context otherwise requires, the following
definitions govern the construction of this article:
(a) (1) "Eligible seawater intrusion control project" means a
project which is all of the following:
(A) Necessary to protect groundwater that is (i) within a basin
that is subject to a local groundwater management plan for which a
review is completed pursuant to the California Environmental Quality
Act (Division 13 (commencing with Section 21000) of the Public
Resources Code) and (ii) is threatened by seawater intrusion in an
area where restrictions on groundwater pumping, a physical solution,
or both, are necessary to prevent the destruction of, or irreparable
injury to, groundwater quality.
(B) Is cost-effective. In the case of a project to provide a
substitute water supply, the project shall be cost-effective as
compared to the development of other new sources of water and shall
include requirements or measures adequate to ensure that the
substitute supply will be used in lieu of previously established
extractions or diversions of groundwater.
(C) Complies with applicable water quality standards, policies,
and plans.
(2) Eligible projects may include, but are not limited to, water
conservation, freshwater well injection, and substitution of
groundwater pumping from local surface supplies.
(b) "Local agency" means any city, county, district, joint powers
authority, or other political subdivision of the state involved in
water management.
(c) "Subaccount" means the Seawater Intrusion Control Subaccount
created by Section 78648.2.
78648.2. (a) There is hereby created in the account the Seawater
Intrusion Control Subaccount. The sum of ten million dollars
($10,000,000) is hereby transferred from the account to the
subaccount for the purposes of implementing this article.
(b) Notwithstanding Section 11340 of the Government Code, the
money in the subaccount is hereby continuously appropriated, without
regard to fiscal year, to the board for loans to local agencies to
carry out eligible seawater intrusion control projects and for the
purposes described in this article, and for the administration of
this article.
78648.4. The board may enter into contracts to make loans to local
agencies for the purposes set forth in this article.
78648.6. Any contract for a loan entered into pursuant to Section
78648.4 may include those provisions determined by the board to be
necessary for purposes of this article and shall include both of the
following provisions:
(a) An estimate of the reasonable cost of the eligible seawater
intrusion control project.
(b) An agreement by the local agency to proceed expeditiously
with, and complete, the eligible seawater intrusion control project,
commence operation of the project in accordance with applicable
provisions of law, and provide for the payment of the local agency's
share of the cost of the project, including the principal of, and
interest on, the loan.
78648.8. (a) A contract for a loan may not provide for a moratorium
on the payment of the principal of, or interest on, the loan.
(b) Any loan made pursuant to Section 78648.4 shall be for a
period not to exceed 20 years.
(c) The board may enter into a contract for a loan up to 100
percent of the total eligible cost of design and construction of an
eligible seawater intrusion control project.
78648.10. (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 so determined is not a multiple of
one-tenth of 1 percent, the interest rate shall be set at the next
higher multiple of one-tenth of 1 percent.
(c) The interest rate set for each contract shall be applied
throughout the repayment period of the contract. There shall be a
level annual repayment of principal and interest on the loans.
78648.12. Unallocated funds remaining in the subaccount on March 8,
2000, and any funds deposited into the subaccount after that date,
shall be transferred to, and all money repaid to the state pursuant
to any loan contract executed under this article shall be deposited
in, the Seawater Intrusion Control Subaccount in the Clean Water and
Water Recycling Account in the Safe Drinking Water, Clean Water,
Watershed Protection, and Flood Protection Bond Fund for the purposes
set forth in Article 6 (commencing with Section 79149) of Chapter 7
of Division 26.
78648.14. 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.
78648.16. 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 78648.14.
78648. Unless the context otherwise requires, the following
definitions govern the construction of this article:
(a) (1) "Eligible seawater intrusion control project" means a
project which is all of the following:
(A) Necessary to protect groundwater that is (i) within a basin
that is subject to a local groundwater management plan for which a
review is completed pursuant to the California Environmental Quality
Act (Division 13 (commencing with Section 21000) of the Public
Resources Code) and (ii) is threatened by seawater intrusion in an
area where restrictions on groundwater pumping, a physical solution,
or both, are necessary to prevent the destruction of, or irreparable
injury to, groundwater quality.
(B) Is cost-effective. In the case of a project to provide a
substitute water supply, the project shall be cost-effective as
compared to the development of other new sources of water and shall
include requirements or measures adequate to ensure that the
substitute supply will be used in lieu of previously established
extractions or diversions of groundwater.
(C) Complies with applicable water quality standards, policies,
and plans.
(2) Eligible projects may include, but are not limited to, water
conservation, freshwater well injection, and substitution of
groundwater pumping from local surface supplies.
(b) "Local agency" means any city, county, district, joint powers
authority, or other political subdivision of the state involved in
water management.
(c) "Subaccount" means the Seawater Intrusion Control Subaccount
created by Section 78648.2.
78648.2. (a) There is hereby created in the account the Seawater
Intrusion Control Subaccount. The sum of ten million dollars
($10,000,000) is hereby transferred from the account to the
subaccount for the purposes of implementing this article.
(b) Notwithstanding Section 11340 of the Government Code, the
money in the subaccount is hereby continuously appropriated, without
regard to fiscal year, to the board for loans to local agencies to
carry out eligible seawater intrusion control projects and for the
purposes described in this article, and for the administration of
this article.
78648.4. The board may enter into contracts to make loans to local
agencies for the purposes set forth in this article.
78648.6. Any contract for a loan entered into pursuant to Section
78648.4 may include those provisions determined by the board to be
necessary for purposes of this article and shall include both of the
following provisions:
(a) An estimate of the reasonable cost of the eligible seawater
intrusion control project.
(b) An agreement by the local agency to proceed expeditiously
with, and complete, the eligible seawater intrusion control project,
commence operation of the project in accordance with applicable
provisions of law, and provide for the payment of the local agency's
share of the cost of the project, including the principal of, and
interest on, the loan.
78648.8. (a) A contract for a loan may not provide for a moratorium
on the payment of the principal of, or interest on, the loan.
(b) Any loan made pursuant to Section 78648.4 shall be for a
period not to exceed 20 years.
(c) The board may enter into a contract for a loan up to 100
percent of the total eligible cost of design and construction of an
eligible seawater intrusion control project.
78648.10. (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 so determined is not a multiple of
one-tenth of 1 percent, the interest rate shall be set at the next
higher multiple of one-tenth of 1 percent.
(c) The interest rate set for each contract shall be applied
throughout the repayment period of the contract. There shall be a
level annual repayment of principal and interest on the loans.
78648.12. Unallocated funds remaining in the subaccount on March 8,
2000, and any funds deposited into the subaccount after that date,
shall be transferred to, and all money repaid to the state pursuant
to any loan contract executed under this article shall be deposited
in, the Seawater Intrusion Control Subaccount in the Clean Water and
Water Recycling Account in the Safe Drinking Water, Clean Water,
Watershed Protection, and Flood Protection Bond Fund for the purposes
set forth in Article 6 (commencing with Section 79149) of Chapter 7
of Division 26.
78648.14. 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.
78648.16. 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 78648.14.
78648. Unless the context otherwise requires, the following
definitions govern the construction of this article:
(a) (1) "Eligible seawater intrusion control project" means a
project which is all of the following:
(A) Necessary to protect groundwater that is (i) within a basin
that is subject to a local groundwater management plan for which a
review is completed pursuant to the California Environmental Quality
Act (Division 13 (commencing with Section 21000) of the Public
Resources Code) and (ii) is threatened by seawater intrusion in an
area where restrictions on groundwater pumping, a physical solution,
or both, are necessary to prevent the destruction of, or irreparable
injury to, groundwater quality.
(B) Is cost-effective. In the case of a project to provide a
substitute water supply, the project shall be cost-effective as
compared to the development of other new sources of water and shall
include requirements or measures adequate to ensure that the
substitute supply will be used in lieu of previously established
extractions or diversions of groundwater.
(C) Complies with applicable water quality standards, policies,
and plans.
(2) Eligible projects may include, but are not limited to, water
conservation, freshwater well injection, and substitution of
groundwater pumping from local surface supplies.
(b) "Local agency" means any city, county, district, joint powers
authority, or other political subdivision of the state involved in
water management.
(c) "Subaccount" means the Seawater Intrusion Control Subaccount
created by Section 78648.2.
78648.2. (a) There is hereby created in the account the Seawater
Intrusion Control Subaccount. The sum of ten million dollars
($10,000,000) is hereby transferred from the account to the
subaccount for the purposes of implementing this article.
(b) Notwithstanding Section 11340 of the Government Code, the
money in the subaccount is hereby continuously appropriated, without
regard to fiscal year, to the board for loans to local agencies to
carry out eligible seawater intrusion control projects and for the
purposes described in this article, and for the administration of
this article.
78648.4. The board may enter into contracts to make loans to local
agencies for the purposes set forth in this article.
78648.6. Any contract for a loan entered into pursuant to Section
78648.4 may include those provisions determined by the board to be
necessary for purposes of this article and shall include both of the
following provisions:
(a) An estimate of the reasonable cost of the eligible seawater
intrusion control project.
(b) An agreement by the local agency to proceed expeditiously
with, and complete, the eligible seawater intrusion control project,
commence operation of the project in accordance with applicable
provisions of law, and provide for the payment of the local agency's
share of the cost of the project, including the principal of, and
interest on, the loan.
78648.8. (a) A contract for a loan may not provide for a moratorium
on the payment of the principal of, or interest on, the loan.
(b) Any loan made pursuant to Section 78648.4 shall be for a
period not to exceed 20 years.
(c) The board may enter into a contract for a loan up to 100
percent of the total eligible cost of design and construction of an
eligible seawater intrusion control project.
78648.10. (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 so determined is not a multiple of
one-tenth of 1 percent, the interest rate shall be set at the next
higher multiple of one-tenth of 1 percent.
(c) The interest rate set for each contract shall be applied
throughout the repayment period of the contract. There shall be a
level annual repayment of principal and interest on the loans.
78648.12. Unallocated funds remaining in the subaccount on March 8,
2000, and any funds deposited into the subaccount after that date,
shall be transferred to, and all money repaid to the state pursuant
to any loan contract executed under this article shall be deposited
in, the Seawater Intrusion Control Subaccount in the Clean Water and
Water Recycling Account in the Safe Drinking Water, Clean Water,
Watershed Protection, and Flood Protection Bond Fund for the purposes
set forth in Article 6 (commencing with Section 79149) of Chapter 7
of Division 26.
78648.14. 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.
78648.16. 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 78648.14.
