California Harbors and Navigation Code 76.4 – (a) An application for a loan under Section 76.3 shall be filed …
(a) An application for a loan under Section 76.3 shall be filed with the department and shall:
(1) Include a feasibility study containing sufficient information and detail to demonstrate that the project is engineeringly and financially feasible.
Terms Used In California Harbors and Navigation Code 76.4
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
(2) Be processed with due diligence, giving consideration to the needs of the borrower and the interest of the public in preserving the integrity of the Harbors and Watercraft Revolving Fund.
(3) Include evidence of compliance with the California Environmental Quality Act (Division 13 (commencing with Section 21000) of the Public Resources Code).
(4) Include all costs incurred by the applicant in processing and obtaining loan proceeds.
(b) The costs of brokerage fees, planning studies, and all other costs for the preparation of the loan application shall be borne by the applicant.
(Added by Stats. 1985, Ch. 1307, Sec. 2.)