Section 81435 Of Article 2. Financial Matters From California Water Code >> Division 31. >> Chapter 4. >> Article 2.
81435
. The agency may impose reasonable rates, fees, and charges on
Stanford University, the California Water Service Company, and the
agency's member public entities for any program or service provided
or work performed by the agency. The agency may also impose
reasonable rates, fees, and charges on any other public or private
entity that enters into a contract with the agency for use of any
program or service provided or work performed by the agency. These
rates, fees, and charges shall be at least sufficient to generate
revenue to pay the principal and interest on any bonds issued by the
agency to carry out the work. The agency shall be solely responsible
for servicing the debt on any bonds it issues and the State of
California has no responsibility for those bonds.