Section 78623 Of Article 3. Water Recycling Program From California Water Code >> Division 24. >> Chapter 5. >> Article 3.
78623
. Any contract for a loan entered into pursuant to Section
78622 may include those provisions determined by the board to be
necessary for purposes of this chapter and shall include both of the
following provisions:
(a) An estimate of the reasonable cost of the eligible recycling
project.
(b) An agreement by the public agency to proceed expeditiously
with, and complete, the eligible recycling project, commence
operation of the project in accordance with applicable provisions of
law, and provide for the payment of the public agency's share of the
cost of the project, including the principal of, and interest on, the
loan.