California Water Code 13410 – Applications for construction loans under this chapter shall …
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Applications for construction loans under this chapter shall include:
(a) A description of the proposed facilities.
Terms Used In California Water Code 13410
- Facilities: means any of the following:
California Water Code 13400
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Public agency: means any city, county, city and county, district, or other political subdivision of the state. See California Water Code 13400
- State board: means the State Water Resources Control Board. See California Water Code 13050
(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.
(Added by Stats. 1969, Ch. 482.)