Section 76251 Of Article 3. County Provisions From California Government Code >> Title 8. >> Chapter 12. >> Article 3.
76251
. (a) To assist the County of Ventura in the improvement of
county juvenile justice facilities or county juvenile justice
rehabilitation facilities, the board of supervisors may by resolution
establish in the county treasury a Juvenile Justice Facilities
Construction Fund pursuant to Section 76105. The moneys in the
Juvenile Justice Facilities Construction Fund shall be payable for
construction, reconstruction, expansion, improvement, operation, or
maintenance of county juvenile justice or county juvenile justice
rehabilitation facilities.
(b) The money in the fund may be used to finance any public agency
funding mechanism which reduces an obligation incurred in reliance
upon the authority granted by this section, including, but not
limited to, retirement of bonded indebtedness, loan repayments, and
monthly payments involving lease-purchase programs.
(c) Deposits into the fund shall continue to and including either
(1) the 20th year after the enactment of this section or (2) whatever
period of time is necessary to repay all borrowings or bonded
indebtedness incurred by the county to pay for construction provided
for in this section, whichever is longer.