Section 3950 Of Chapter 3. Small Craft Harbors From California Harbors And Navigation Code >> Division 6. >> Part 4. >> Chapter 3.
3950
. Whenever the commission determines by resolution that it is
necessary or desirable to obtain funds through the sale of bonds as
provided for in this part to provide loans to cities, cities and
counties, counties, and districts having power to acquire, construct,
and operate small craft harbors, for the planning, acquisition,
construction, improvement, maintenance, or operation of small craft
harbors and facilities in connection therewith, and connecting
waterways, in accordance with the provisions of the Division 1
(commencing with Section 30) of this code, the commission shall so
certify to the committee. Funds so secured shall not exceed, in the
aggregate, ten million dollars ($10,000,000).