California Water Code

§ 81437.5

WAT § 81437.5 Effective Jan 1, 2013Div. 31 · Ch. 4 · Art. 2.5

Statute text

In addition to the uses authorized in Section 81434, the agency may use proceeds of bonds issued pursuant to this division as follows:

(a)For the construction, reconstruction, or improvement of any works carried out by the agency on behalf of a BAWSCA member.

(b)For the purpose of assisting in the repayment of any existing capital assets, if those assets were designed and intended in whole or in part to furnish water to BAWSCA members, whether those assets were carried out jointly by the agency and other local public agencies, or solely by those other public agencies.

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Legislative history

Added by Stats. 2012, Ch. 251, Sec. 1. (AB 2167) Effective January 1, 2013.