Section 16807 Of Chapter 5. State Indebtedness From California Government Code >> Division 4. >> Title 2. >> Part 3. >> Chapter 5.
16807
. The issuance and sale of 10,000 bonds of the State of
California in the denomination of one thousand dollars ($1,000) each,
and the use and disposition of the proceeds of the sale of said
bonds, all as provided in the San Francisco Harbor Improvement Act of
1929, as passed by the Senate and Assembly at the Forty-eighth
Session of the Legislature and approved by the Governor, authorizing
the issuance and sale of state bonds in the sum of ten million
dollars ($10,000,000) for the purpose of providing a fund for the
construction in San Francisco Harbor of wharves, piers, seawalls,
state railroad, spurs, betterments and appurtenances and for
necessary dredging and filling in connection therewith and providing
for the payment of the principal and interest of said bonds by the
State Treasurer from revenues collected for dockage, tolls, rents,
wharfage, cranage, demurrage, switching and any and all collections
now or hereafter authorized by law paid into the Fourth San Francisco
Seawall Sinking Fund, is hereby authorized and the said San
Francisco Harbor Improvement Act of 1929 is hereby approved, adopted,
legalized, validated, and made fully and completely effective. All
provisions of this section shall be self-executing and shall not
require any legislative action in furtherance thereof, but this shall
not prevent such legislative action. Nothing in this section
contained shall be a limitation upon the provisions of this section.