California Government Code

§ 8878.96

GOV § 8878.96Div. 1 · Title 2 · Ch. 12.47 · Art. 4

Statute text

Any appropriation of bond funds pursuant to this article may include provisions as agreed by the parties thereto, and the contract shall include, but not be limited to, all of the following:

(a)An estimate of the reasonable cost of the project.

(b)An agreement by the State Architect to grant to the local government, during the progress of construction or following completion of construction as agreed by the parties, an amount which equals no more than 75 percent of the portion of construction costs found by the State Architect to be eligible for a state grant.

…

Legislative history

Added by Stats. 1990, Ch. 23, Sec. 2. Approved in Proposition 122 at the June 5, 1990, election.