§ 12894 The department may, when specifically authorized by law to do so, …
§ 12894.1 Notwithstanding any provision of law to the contrary, every public …
§ 12894.2 The Department of Water Resources shall notify all public agencies …
§ 12894.3 If the department determines that a loan commitment pursuant to …
§ 12894.4 A loan pursuant to Section 12894.3 shall not exceed 25 percent of the …
§ 12894.5 Annual payments on the loan, including both principal repayment and …
§ 12894.6 In making loans pursuant to Section 12894.3, the department shall …
§ 12894.7 The department shall require the payment of interest on each loan …
§ 12894.8 Prior approval by the voters of an eligible district of a project …

Terms Used In California Codes > Water Code > Division 6 > Part 6 > Chapter 5.5 - Local Agency Bond Payments

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Contract: A legal written agreement that becomes binding when signed.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • 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.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • State: means the State of California, unless applied to the different parts of the United States. See California Water Code 18