recommendation and advice of the department. This authorization shall not be deemed to confer preference on this project over the needs of other statewide programs in appropriation of available funds.
or for access roads, and shall be 90 percent of the costs of the relocation, reconstruction, or replacement of existing improvements, structures, or utilities rendered necessary by the project.
local portion of the costs of lands, easements, and rights-of-way less any credit for acquired lands granted to the local agency by the department. These loans may not exceed a period of 10 years and the rate of interest on the loans shall be the current rate for the state’s Pooled Money Investment Account. These loans shall be repaid in annual installments beginning one year after
the loan is made. Annual loan payments may be deducted from the state’s annual tax subvention to the local agency, if any. In the event that the local agency does not receive tax subventions from the state adequate to make the loan payment and becomes in default on the loan payments, the local agency, notwithstanding any other provisions of any statute limiting its tax ceiling, shall levy sufficient taxes to repay the loan. Notwithstanding any other provisions of law, the local agency is authorized to accept the loans authorized pursuant to this section.
funding authorized for the purposes of fulfilling the state share of the nonfederal share of flood control projects authorized in this chapter may be used within the authorized project boundaries as set forth in the General Design Memorandum transmitted December 8, 1970, by the District Engineer, San Francisco District, United States Army Corps of Engineers, to the Director of Water Resources. The state, through the Flood Control Subventions Program, may fund construction of the incomplete portions of the authorized project when federal funds are not available for project completion. The state share of the funding for project completion shall be 75 percent of the costs of lands and rights or interests in lands whereon channel improvements and channel rectifications are located, and of lands, rights, or interests in lands necessary in connection with the construction,
operation, or maintenance of those channel improvements or rectifications, including those necessary for flowage purposes, spoil areas, borrow pits, or for access roads, and shall be 90 percent of the costs of the relocation, reconstruction, or replacement of existing improvements, structures, or utilities rendered necessary by the project, except that state funding provided pursuant to this chapter shall not exceed the equivalent state share if there were federal project
funding.
Cite this section
Other sections in Article 3 - Projects in Other Watersheds