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Section 13410 Of Article 2. Loans To Local Agencies From California Water Code >> Division 7. >> Chapter 6. >> Article 2.
13410
. Applications for construction loans under this chapter shall
include:
(a) A description of the proposed facilities.
(b) A statement of facts showing the necessity for the proposed facilities and showing that funds of the public agency are not available for financing such facilities and that the sale of revenue or general obligation bonds through private financial institutions is impossible or would impose an unreasonable burden on the public agency.
(c) A proposed plan for repaying the loan.
(d) Other information as required by the state board.
(a) A description of the proposed facilities.
(b) A statement of facts showing the necessity for the proposed facilities and showing that funds of the public agency are not available for financing such facilities and that the sale of revenue or general obligation bonds through private financial institutions is impossible or would impose an unreasonable burden on the public agency.
(c) A proposed plan for repaying the loan.
(d) Other information as required by the state board.
