Section 71.6 Of Article 3. Small Craft Harbors And Connecting Waterways From California Harbors And Navigation Code >> Division 1. >> Chapter 2. >> Article 3.
71.6
. A transfer pursuant to Section 70 or a loan pursuant to
Section 71.4 shall not be made to a city, county, or district if it
would provide for an indebtedness or liability contrary to the
provisions of Section 18 of Article XI of the Constitution unless, at
an election called by the governing body of the city, county, or
district two-thirds of the qualified electors thereof voting thereat
have authorized the governing body to accept, expend, and repay the
amount of the indebtedness or liability under this chapter; nor shall
such transfer or loan be made if written protest thereto signed by
owners of one-half or more of the assessed valuation of taxable
property in said city, county, or district is received by the
governing body of such city, county, or district. Such election shall
be held in accordance with provisions of law for the incurring of
bonded indebtedness by the city, county, or district, as near as the
same may be applicable. Except as may be prohibited by this section,
a transfer pursuant to Section 70 or a loan pursuant to Section 71.4
may be made to a city, county, or district and it may accept such a
transfer or loan, notwithstanding any other provision of law limiting
or prohibiting the creation of any indebtedness on the part of the
city, county, or district.
A transfer pursuant to Section 70 or a loan pursuant to Section
71.4 may be made to a city, county, or district without an election
if the transfer or loan agreement provides that payments shall be
made from the gross revenues of a small craft harbor, and that such
gross revenues shall constitute security for such payments. Gross
revenues of a small craft harbor include all charges received from,
and all other income and receipts derived by the city, county, or
district from, the operation of a small craft harbor.
Gross revenues include any income received by such governmental
entity from any concession or other contract operations had by the
entity on its harbor facilities, but does not include gross revenues
to a concessioner.