Section 12667 Of Article 2. Projects In The Sacramento-san Joaquin Watersheds From California Water Code >> Division 6. >> Part 6. >> Chapter 2. >> Article 2.
12667
. The project for flood control known as the Merced County
Streams Project is adopted and authorized substantially in accordance
with the recommendations of the Chief of Engineers in his report
dated November 25, 1970, and adopted and authorized by the Act of
Congress approved December 31, 1970 (Public Law 91-611) at an
estimated cost to the state of such sums as may be appropriated for
state participation by the Legislature upon the recommendation and
advice of the Reclamation Board. This authorization shall not be
deemed to confer preference on this project over the needs of other
statewide programs in appropriations of available funds. No state
funds shall be appropriated until federal construction funds are
available, and no state funds shall be appropriated for any portion
or unit of the project until the responsible local agency has
provided assurances of financial capability to complete the
recreational acquisition and development program for that portion or
unit, as detailed in the project report.
The Legislature affirms the topographical and hydrologic
characteristics of the Merced County Stream Group for which provision
for participation in reservoirs has been made in Section 12826 and
determines that the Merced County Streams Project is a project of the
Merced County Stream Group, as defined and excepted in Section
12826. The Reclamation Board may loan the local agency the funds
necessary to pay the local portion of the costs of the lands,
easements, and rights-of-way. The rate of interest on the loan shall
be the current rate for the Pooled Money Investment Account. All
other provisions of Section 12585.4 shall be applicable to a loan to
the local agency under this section.
Any money previously appropriated to the department for the Merced
Stream Channel Improvement shall be available for the purposes of
this section, including that reappropriated from the Special Account
for Capital Outlay in Item 3860-490-036(2) of the Budget Act of 1986
(Chapter 186 of the Statutes of 1986).