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Section 13455 Of Chapter 6.1. Water Conservation And Water Quality Bond Law Of 1986 From California Water Code >> Division 7. >> Chapter 6.1.
13455
. (a) The committee may create a debt or debts, liability or
liabilities, of the State of California in the aggregate amount of
one hundred fifty million dollars ($150,000,000), in the manner
provided in this chapter. The debt or debts, liability or
liabilities, shall be created for the purpose of providing the fund
to be used for the object and work specified in this section and in
Sections 13458 and 13459.
(b) The department may enter into contracts and may adopt rules and regulations necessary to carry out the purposes of Section 13458.
(c) The department may expend not more than 2 1/2 percent of the total amount of the bonds authorized to be issued under this chapter for the administration of Section 13458.
(d) The board may enter into contracts and may adopt rules and regulations necessary to carry out the purposes of Section 13459.
(e) The board may expend not more than 2 1/2 percent of the total amount of the bonds authorized to be issued under this chapter for the administration of Section 13459.
(f) The department or the board may expend funds necessary to reimburse the General Obligation Bond Expense Revolving Fund pursuant to Section 16724.5 of the Government Code.
(b) The department may enter into contracts and may adopt rules and regulations necessary to carry out the purposes of Section 13458.
(c) The department may expend not more than 2 1/2 percent of the total amount of the bonds authorized to be issued under this chapter for the administration of Section 13458.
(d) The board may enter into contracts and may adopt rules and regulations necessary to carry out the purposes of Section 13459.
(e) The board may expend not more than 2 1/2 percent of the total amount of the bonds authorized to be issued under this chapter for the administration of Section 13459.
(f) The department or the board may expend funds necessary to reimburse the General Obligation Bond Expense Revolving Fund pursuant to Section 16724.5 of the Government Code.
