Article 2. Construction Fund of California Water Code >> Division 6. >> Part 3. >> Chapter 9. >> Article 2.

There is in the State Treasury The Central Valley Water Project Construction Fund which is continued in existence.

The construction fund shall at all times be kept segregated and set apart from all other funds.

Any and all appropriations and contributions received from the United States, the State, any State agency, any political subdivision, or any other source for the purpose of constructing the project, or borrowed therefrom for such purpose, shall be received by the State Treasurer and deposited in and credited to the construction fund.

All costs and expenses of the department, including interest due and payable, incurred in performing the duties prescribed in this part prior to and during the construction of the project and for a period of one year after completion thereof, shall be paid out of the construction fund.

All the costs and expenses mentioned in the next preceding section shall be charged as a part of the cost of construction of the project and the money in the construction fund is hereby appropriated for such purposes.