reglab/statecodes huggingface dataset:
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 3 - Funds: Security for Payment of Bonds: Accounts: Deposits: Investments: Interest and Other Increments › Section 32064.

32064. (a) The authority, or its executive director if authorized by resolution of the authority, shall take official action towards the issuance of bonds with respect to any participating party at the next meeting of the authority occurring more than 30 days following the receipt of a completed application. Official action towards the issuance of bonds may reserve the right of the authority to further review an application for financing and consider terms thereof prior to the issuance of bonds therefor.
(b) The authority shall take final action to approve or disapprove the issuance of bonds to lend financial assistance to participating parties within 60 days from the receipt by the authority of a request from a participating party for action. Any request by a participating party shall be accompanied by evidence of fulfillment of any and all conditions to the issuance of the bonds imposed at the time the first action towards the issuance was taken by the authority and copies of forms of all principal legal documents to be approved by the authority.
(c) The authority may give final approval for the issuance of the bonds upon terms it deems necessary or desirable.
(d) Any action under this section shall be at the sole discretion of the authority.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 3 - Funds: Security for Payment of Bonds: Accounts: Deposits: Investments: Interest and Other Increments › Section 32065.

32065. The authority, not later than March 31 of each year, shall submit to the Legislature a report of its activities for the preceding calendar year ending December 31. The report shall include a listing of applications received, a listing of applications accepted for financing, a specification of bonds sold, interest rates thereon, and whether bond sales were pursuant to public bid or were negotiated, a specification of the amount of bonds authorized but currently unsold, a projection of the authority’s needs and requirements for the coming year, and a report of revenues and expenditures for the preceding fiscal year.
(Amended by Stats. 1984, Ch. 665, Sec. 5. Effective August 17, 1984.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 3 - Funds: Security for Payment of Bonds: Accounts: Deposits: Investments: Interest and Other Increments › Section 32066.

32066. The Treasurer is the elected representative of the state to approve the issuance of bonds issued by or on behalf of the state pursuant to this chapter to the extent this approval is required by federal tax law.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32100.

32100. The total amount of bonds which may be outstanding at any one time under this division shall not exceed six hundred fifty million dollars ($650,000,000). Bonds for which moneys or securities in amounts necessary to pay or redeem the principal, interest, and any redemption premium thereon have been deposited in trust shall not be deemed outstanding for purposes of this section.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32101.

32101. The Legislature may, by statute, authorize the authority to issue bonds in excess of the amount specified in Section 32100.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32102.

32102. (a) The authority is authorized from time to time to issue its negotiable bonds to provide funds to achieve its purposes.
(b) Bonds may be authorized to finance a single project for a single participating party, a series of projects for a single participating party, a single project for several participating parties, or several projects for several participating parties.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32103.

32103. Except as otherwise expressly provided by the authority, every issue of its bonds shall be general obligations of the authority payable from any revenues or moneys of the authority available therefor and not otherwise pledged, including the proceeds of additional bonds, subject only to any agreements with the holders of particular bonds, notes, or other obligations pledging any particular revenues or moneys and subject to any agreements with holders of particular bonds pledging any particular revenues. Notwithstanding that the bonds may be payable from a special fund, they shall be deemed to be negotiable instruments for all purposes, subject only to the bond registration provisions.
(Amended by Stats. 2006, Ch. 538, Sec. 597. Effective January 1, 2007.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32104.

32104. Subject to the limitations in Sections 32100 and 32101, the bonds may be issued as serial bonds or as term bonds, or the authority may, in its discretion, issue bonds of both types. The bonds shall be authorized by resolution of the authority and shall bear the date or dates, mature at the time or times, not exceeding 50 years from their respective dates, bear interest at the rate or rates, be payable at the time or times, be in the denominations, be in the form, either coupon or registered, carry the registration privileges, be executed in the manner, be payable in lawful money of the United States of America at the place or places, and be subject to the terms of redemption, as the resolution or resolutions provide.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32105.

32105. The bonds or notes shall be sold by the Treasurer within 60 days after receipt of a certified copy of the authority’s resolution authorizing the sale of the bonds, except that the authority may, at its discretion, adopt a resolution extending the 60-day period. The sale may be a public or private sale, and for such price or prices and on such terms and conditions, as the authority determines, after giving due consideration to the recommendations of any participating party to be assisted from the proceeds of the bonds. Pending preparation of the definitive bonds, the Treasurer may issue interim receipts, certificates, or temporary bonds which shall be exchanged for definitive bonds. The Treasurer may sell any bonds at a price below the par value if the discount on any bonds sold does not exceed 6 percent of the par value.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32106.

32106. Any resolution or resolutions authorizing any bonds or any issue of bonds may contain the following provisions, which shall be a part of the contract with the holders of the bonds to be authorized:
(a) Pledging the full faith and credit of the authority, or pledging all or any part of the revenues of any urban waterfront restoration project or any revenue-producing contract or contracts made by the authority with any individual, partnership, corporation, or association or other body, public or private, or other moneys of the authority, to secure the payment of the bonds or of any particular issue of bonds, subject to those agreements with bondholders as may then exist.
(b) The rentals, fees, purchase payments, loan repayments, and other charges to be charged, and the amounts to be raised in each year thereby, and the use and disposition of the revenues.
(c) The setting aside of reserves or sinking funds, and the regulation and disposition thereof.
(d) Limitations on the right of the authority or its agent to restrict and regulate the use of the project or projects to be financed out of the proceeds of the bonds or any particular issue of bonds.
(e) Limitations on the purpose to which the proceeds of sale of any issue of bonds then or thereafter to be issued may be applied, and pledging the proceeds to secure the payment of the bonds or any issue of the bonds.
(f) Limitations on the issuance of additional bonds, the terms upon which additional bonds may be issued and secured and the refunding of outstanding bonds.
(g) The procedure, if any, by which the terms of any contract with bondholders may be amended or abrogated, the amount of bonds and the holders thereof that are required to give consent thereto, and the manner in which the consent may be given.
(h) Limitations on expenditures for operating, administrative, or other expenses of the authority.
(i) Defining the acts or omissions to act which constitute a default in the duties of the authority to holders of its obligations, and providing the rights and remedies of the holders in the event of a default.
(j) The mortgaging of any project and the site thereof for the purpose of securing the bondholders.
(k) The mortgaging of land, improvements, or other assets owned by a participating party for the purpose of securing the bondholders.
(l) Procedures for the selection of projects to be financed with the proceeds of the bonds authorized by the resolution, if the bonds are to be sold in advance of the designation of the projects and the participating parties to receive the financing.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32107.

32107. Neither the members of the authority nor any person executing the bonds or notes shall be liable personally on the bonds or notes or be subject to any personal liability or accountability by reason of the issuance thereof.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32108.

32108. The authority may, out of any funds available therefor, purchase its bonds or notes. The authority may hold, pledge, cancel, or resell the bonds, subject to and in accordance with agreements with bondholders.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32109.

32109. In the discretion of the authority, any bonds issued under this division may be secured by a trust agreement by and between the authority and a corporate trustee or trustees, which may be the Treasurer or any trust company or bank having the powers of a trust company within or without the state.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32110.

32110. (a) The trust agreement or the resolution providing for the issuance of the bonds may pledge or assign the revenues to be received or proceeds of any contract or contracts pledge and may convey or mortgage the project or projects, or any portion thereof, to be financed out of the proceeds of the bonds. The trust agreement or resolution providing for the issuance of the bonds may contain the provisions for protecting and enforcing the rights and remedies of the bondholders as may be reasonable and proper and not in violation of law, including particularly provisions specifically authorized to be included in any resolution or resolutions of the authority authorizing bonds thereof.
(b) Any bank or trust company doing business under the laws of this state which may act as depository of the proceeds of bonds or of revenues or other moneys may furnish indemnifying bonds or pledge securities as may be required by the authority.
(c) The trust agreement may set forth the rights and remedies of the bondholders and of the trustee or trustees, and may restrict the individual right of action by bondholders. In addition, any trust agreement or resolution may contain other provisions that the authority may deem reasonable and proper for the security of the bondholders.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32111.

32111. Notwithstanding any other provision of law, the Treasurer shall not be deemed to have a conflict of interest by reason of acting as trustee pursuant to this division.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32112.

32112. All expenses incurred in carrying out the provisions of this trust agreement or resolution may be treated as a part of the cost of the operation of a project.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32113.

32113. Bonds issued under this division do not constitute a debt or liability of the state or of any political subdivision thereof, other than the authority, or a pledge of the full faith and credit of the state or any of its political subdivisions, other than the authority, but are payable solely from the funds provided therefor under this division. All the bonds shall contain on the face thereof a statement to the following effect:
“Neither the full faith and credit nor the taxing power of the State of California is pledged to the payment of the principal of or interest on this bond.”
The issuance of bonds under this division shall not directly or indirectly or contingently obligate the state or any political subdivision thereof to levy or to pledge any form of taxation whatever therefor or to make any appropriation for their payment. Nothing in this section shall prevent, or be construed to prevent, the authority from pledging its full faith and credit to the payment of bonds or issue of bonds authorized pursuant to this division.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32115.

32115. Bonds issued by the authority are legal investments for all trust funds, the funds of all insurance companies, banks, both commercial and savings, trust companies, savings and loan associations, and investment companies, for executors, administrators, trustees, and other fiduciaries, for state school funds, and for any funds which may be invested in county, municipal, or school district bonds, and these bonds are securities which may properly and legally be deposited with, and received by, any state or municipal officer or agency or political subdivision of the state for any purpose for which the deposit of bonds or obligations of the state, is now, or may hereafter be, authorized by law, including deposits to secure public funds if, and only to the extent that, evidence of indebtedness or debt securities of the participating party receiving financing through the issuance of these bonds which qualify or are eligible for these purposes and uses.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 1 - General › Section 32116.

32116. No liability shall be incurred by the authority beyond the extent to which moneys have been provided under this division, except that, for the purposes of meeting the necessary expenses of initial organization and operation until the date that the authority derives revenues or proceeds from bonds or notes as provided under this division, the authority may borrow money as needed for these expenses from the General Fund in the State Treasury. The borrowed money shall be repaid with interest within a reasonable time after the authority receives revenues or proceeds from bonds or notes as provided under this division.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 2 - Supplemental Bond Provisions › Section 32150.

32150. The authority is not required to pay any property taxes or assessments upon, or with respect to, an urban waterfront restoration project or any property acquired by or for the authority under this division or upon the income therefrom, so long as the authority holds title to the project or to the property or facilities comprised in the project.
The exemption of the authority from taxation of any project ceases when title to the property is transferred from the authority to any normally taxable participating party. This section does not exempt any normally taxable participating party from taxation, including, but not limited to, taxation upon a possessory interest, with respect to any project, or the property or facilities comprised in any project, which may otherwise be applicable to the participating party.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 2 - Supplemental Bond Provisions › Section 32151.

32151. Subject to Section 32153, the existence of the authority may be terminated by statute at any time by the Legislature. Upon dissolution of the authority, the title to all properties owned by it shall, subject to the interests of any participating parties therein, vest in and become the property of the State of California and shall not inure to the benefit of any private party.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 2 - Supplemental Bond Provisions › Section 32152.

32152. This division provides a complete, additional, and alternative method for the doing of the things authorized thereby, and shall be regarded as supplemental and additional to powers conferred by other laws, except that the issuance of bonds and refunding bonds under this division need not comply with the requirements of any other law applicable to the issuance of bonds.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 2 - Supplemental Bond Provisions › Section 32153.

32153. The State of California does hereby pledge to, and agree with, the holders of any obligations issued under this division, and with those parties who may enter into contracts with the authority pursuant to this division, that the state will not limit or alter the rights hereby vested in the authority to finance any project and to fulfill the terms of any loan agreement, lease, or other contract with the authority pursuant to this division, or in any way impair the rights or remedies of the bonds or the parties until those obligations, together with the interest thereon, are fully met and discharged and those contracts are fully performed on the part of the authority. However, nothing in this section precludes this limitation or alteration if and when adequate provision has been made by law for the protection of the holders of those obligations of the authority or those entering into those contracts with the authority. The authority, as agent for the state, is authorized to include this pledge and undertaking for the state in its obligations or contracts.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 4 - Bonds and Notes › ARTICLE 2 - Supplemental Bond Provisions › Section 32154.

32154. The powers granted to the authority by this division may be exercised without regard or reference to any department or agency of the state. All other general or special laws, or parts thereof, inconsistent with this division are hereby declared to be inapplicable to the provisions of this division. Nothing in this division shall be interpreted to exempt the construction or acquisition of any urban waterfront restoration project by any participating party from compliance with all applicable local, state, or federal laws and regulations.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 5 - Construction and Leases of Facilities › Section 32200.

32200. The authority may contract with any participating party for the construction of an urban waterfront restoration project by the participating party. All contracts for the construction of a project by a participating party shall provide that the participating party is responsible for the architectural and engineering design and for the construction and completion thereof, subject to the standards for architectural and engineering design as may be established, and subject to the supervision, as the conservancy and the authority deem necessary.
The authority may agree to pay the cost of the project constructed by any participating party and to advance the costs from time to time in installments or otherwise as required by the contract for the construction thereof. Title to all projects shall be vested in the authority, subject to the terms of any lease thereof to the participating party or the rights of a participating party under any contract for the purchase of the project, including the payment of the purchase price under installment sales contracts.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 5 - Construction and Leases of Facilities › Section 32202.

32202. The authority may enter into contracts of sale with any participating party covering any urban waterfront restoration project financed by the authority. The purchase price pursuant to the contract of sale shall be treated in substantially the same manner and shall be at least sufficient to provide funds for all the purposes specified in Section 32201 and may be paid in installments, together with interest on the unpaid balance, or otherwise, as may be mutually agreed and set forth in the contract of sale.
All payments received by the authority under any installment sales or conditional sales contract shall be applied by the authority substantially in the same manner as in Section 32201 in the case of lease payments or rental charges received by the authority.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 5 - Construction and Leases of Facilities › Section 32203.

32203. As an alternative to leasing or selling an urban waterfront restoration project to a participating party, the authority may finance the acquisition, construction, or installation of a project by means of a loan to the participating party.
The principal amount of the participating party’s obligation, as borrower, shall be sufficient to provide funds for all the purposes specified in subdivisions (a), (b), and (c) of Section 32201 and may be paid in installments, together with interest on the unpaid balance, or otherwise as may be mutually agreed by the authority and the participating party and set forth in the loan agreement. Loans made pursuant to this section may be secured or unsecured, in the discretion of the authority.
Section 32200 is not applicable to projects constructed with money loaned pursuant to this section.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 5 - Construction and Leases of Facilities › Section 32204.

32204. All moneys received pursuant to this division, whether as proceeds from the sale of bonds, notes, or other evidence of indebtedness or as revenues, are trust funds to be held and applied solely as provided in this division.
Any bank or trust company with which the moneys are deposited shall act as trustee of these moneys and shall hold and apply them for the purposes of this division, subject to the resolution authorizing the bonds of any issue or the trust agreements securing the bonds provide.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 5 - Construction and Leases of Facilities › Section 32205.

32205. Any holder of bonds, notes, or other obligations issued under this division or any of the coupons appertaining thereto, and the trustee or trustees under any trust agreement, except to the extent the rights herein given which may be restricted by any resolution authorizing the issuance of, or the trust agreement securing, the bonds, notes, or other obligations, may, either at law or in equity, by suit, action, mandamus, or other proceedings, protect and enforce any and all rights under the laws of the state or granted hereunder or under the resolution or trust agreements, and may enforce and compel the performance of all duties required by this division or by the resolution or trust agreement to be performed by the authority or by any officer, employee, or agent thereof, including the fixing, charging, and collecting of the rates, rents, fees, and charges authorized by this division and required by the resolution or trust agreement to be fixed, established, and collected.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 5 - Construction and Leases of Facilities › Section 32206.

32206. The exercise of the powers granted by this division shall be in all respects for the benefit of the people of this state, for their health and welfare, and protection of the state’s environment.
Any bonds, notes, or other obligations issued under this division, their transfer and the income therefrom, shall at all times be free from taxation of every kind by the state and by municipalities and other political subdivisions of the state. However, the preceding sentence shall not apply with respect to any bonds, notes, or other obligations, or the income therefrom, for any period during which the bonds, notes, or other obligations are held by (1) Any normally taxable participating party, (2) persons, organizations, trades, or business, whether incorporated, organized in this state, or affiliated with a participating party, owned or controlled, directly or indirectly, by the participating party, or (3) persons, organizations, trades, or businesses, whether incorporated, organized in this state, or affiliated with the participating party, which own or control, directly or indirectly, the participating party.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 5 - Construction and Leases of Facilities › Section 32207.

32207. If the jurisdiction of the authority to order a proposed act is not affected, an omission of any officer or of the authority in the proceedings under this division or any other defect in the proceedings does not invalidate the proceedings for issuance of bonds pursuant to this division.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22 - CALIFORNIA URBAN WATERFRONT AREA RESTORATION FINANCING AUTHORITY ACT › CHAPTER 5 - Construction and Leases of Facilities › Section 32208.

32208. An action may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure to determine the validity of any issuance or proposed issuance of bonds under this division and the legality and validity of all proceedings previously taken or proposed in a resolution of the authority to be taken for the authorization, issuance, sale, and delivery of the bonds and for the payment of the principal thereof and interest thereon.
(Added by Stats. 1983, Ch. 1264, Sec. 1.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 1 - General Provisions › Section 32300.

32300. This division shall be known, and may be cited, as the Sacramento-San Joaquin Delta Conservancy Act.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 2 - Definitions › Section 32310.

32310. For the purposes of this division, the following terms have the following meanings:
(a) “Board” means the governing board of the Sacramento-San Joaquin Delta Conservancy.
(b) “Conservancy” means the Sacramento-San Joaquin Delta Conservancy.
(c) “Delta” means the Sacramento-San Joaquin Delta as defined in Section 12220 of the Water Code.
(d) “Fund” means the Sacramento-San Joaquin Delta Conservancy Fund created pursuant to Section 32360.
(e) “Local public agency” means a city, county, special district, or joint powers authority.
(f) “Nonprofit organization” means a private, nonprofit organization that qualifies for exempt status under Section 501(c)(3) of Title 26 of the United States Code and that has among its principal charitable purposes preservation of land for scientific, recreational, scenic, or open-space opportunities, protection of the natural environment, preservation or enhancement of wildlife, preservation of cultural and historical resources, or efforts to provide for the enjoyment of public lands.
(g) “Suisun Marsh” means the area defined in Section 29101 and protected by Division 19 (commencing with Section 29000).
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 3 - Sacramento-San Joaquin Delta Conservancy › Section 32320.

32320. There is in the Natural Resources Agency the Sacramento-San Joaquin Delta Conservancy, which is created as a state agency to work in collaboration and cooperation with local governments and interested parties.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 3 - Sacramento-San Joaquin Delta Conservancy › Section 32322.

32322. (a) The conservancy shall act as a primary state agency to implement ecosystem restoration in the Delta.
(b) The conservancy shall support efforts that advance environmental protection and the economic well-being of Delta residents, including all of the following:
(1) Protect and enhance habitat and habitat restoration.
(2) Protect and preserve Delta agriculture and working landscapes.
(3) Provide increased opportunities for tourism and recreation in the Delta.
(4) Promote Delta legacy communities and economic vitality in the Delta, in coordination with the Delta Protection Commission.
(5) Increase the resilience of the Delta to the effects of natural disasters such as floods and earthquakes, in coordination with the Delta Protection Commission.
(6) Protect and improve water quality.
(7) Assist the Delta regional economy through the operation of the conservancy’s program.
(8) Identify priority projects and initiatives for which funding is needed.
(9) Protect, conserve, and restore the region’s physical, agricultural, cultural, historical, and living resources.
(10) Assist local entities in the implementation of their habitat conservation plans (HCPs) and natural community conservation plans (NCCPs).
(11) Facilitate take protection and safe harbor agreements under the federal Endangered Species Act of 1973 (16 U.S.C. Sec. 1531 et seq.), the California Endangered Species Act (Chapter 1.5 (commencing with Section 2050) of Division 3 of the Fish and Game Code), and the Natural Community Conservation Planning Act (Chapter 10 (commencing with Section 2800) of Division 3 of the Fish and Game Code) for adjacent landowners and local public agencies.
(12) Promote environmental education through grant funding.
(c) When implementing subdivision (b), the conservancy shall undertake efforts to enhance public use and enjoyment of lands owned by the public.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 4 - Governing Board › Section 32332.

32332. Annually, the voting members of the board shall elect from among the voting members a chairperson and vice chairperson, and other officers as necessary. If the office of the chairperson or vice chairperson becomes vacant, a new chairperson or vice chairperson shall be elected by the voting members of the board to serve for the remainder of the term. The chairperson shall be selected from among the members specified in paragraphs (3) to (7), inclusive, of subdivision (a) of Section 32330.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 4 - Governing Board › Section 32334.

32334. A majority of the voting members shall constitute a quorum for the transaction of the business of the conservancy. The board shall not transact the business of the conservancy if a quorum is not present at the time a vote is taken. A decision of the board requires an affirmative vote of six of the voting membership, and the vote is binding with respect to all matters acted on by the conservancy.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 4 - Governing Board › Section 32336.

32336. The board shall adopt rules and procedures for the conduct of business by the conservancy.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 4 - Governing Board › Section 32338.

32338. The board may establish advisory boards or committees, hold community meetings, and engage in public outreach.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 4 - Governing Board › Section 32340.

32340. The board shall establish and maintain a headquarters office within the Delta. The conservancy may rent or own real and personal property and equipment pursuant to applicable statutes and regulations.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 4 - Governing Board › Section 32342.

32342. The board shall determine the qualifications of, and shall appoint, an executive officer of the conservancy, who shall be exempt from civil service. The board shall employ other staff as necessary to execute the powers and functions provided for in this division.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 4 - Governing Board › Section 32344.

32344. The board may enter into contracts with private entities and public agencies to procure consulting and other services necessary to achieve the purposes of this division.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 4 - Governing Board › Section 32346.

32346. The conservancy’s expenses for support and administration may be paid from the conservancy’s operating budget and any other funding sources available to the conservancy.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 4 - Governing Board › Section 32348.

32348. The board shall conduct business in accordance with the Bagley-Keene Open Meeting Act (Article 9 (commencing with Section 11120) of Chapter 1 of Part 1 of Division 3 of Title 2 of the Government Code).
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 4 - Governing Board › Section 32350.

32350. The board shall hold its regular meetings within the Delta or the City of Rio Vista.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 5 - Powers, Duties, and Limitations › Section 32360.

32360. (a) Except as specified in Section 32360.5, the jurisdiction and activities of the conservancy are limited to the Delta and Suisun Marsh.
(b) (1) The Sacramento-San Joaquin Delta Conservancy Fund is hereby created in the State Treasury. Moneys in the fund shall be available, upon appropriation by the Legislature, only for the purposes of this division.
(2) Funds provided for ecosystem restoration and enhancement shall be available for ecosystem restoration projects consistent with the conservancy’s strategic plan adopted pursuant to Section 32376.
(3) Funds may be allocated to a separate program within the conservancy for economic sustainability in the Delta. The economic sustainability plan adopted pursuant to Section 29759 shall be the basis for the program. Funds provided to the conservancy to implement ecosystem restoration projects pursuant to the Bay Delta Conservation Plan shall only be used for ecosystem restoration purposes.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 5 - Powers, Duties, and Limitations › Section 32360.5.

32360.5. In furtherance of the conservancy’s role in implementing the Delta Plan, the conservancy may take or fund an action outside the Delta and Suisun Marsh if the board makes all of the following findings:
(a) The project implements the ecosystem goals of the Delta Plan.
(b) The project is consistent with the requirements of any applicable state and federal permits.
(c) The conservancy has given notice to and reviewed any comments received from affected local jurisdictions and the Delta Protection Commission.
(d) The conservancy has given notice to and reviewed any comments received from any state conservancy where the project is located.
(e) The project will provide significant benefits to the Delta.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 5 - Powers, Duties, and Limitations › Section 32362.

32362. The conservancy may engage in partnerships with nonprofit organizations, local public agencies, and landowners.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 5 - Powers, Duties, and Limitations › Section 32363.

32363. In implementing this division, the conservancy shall cooperate and consult with the city or county in which a grant is proposed to be expended or an interest in real property is proposed to be acquired, and shall, as necessary or appropriate, coordinate its efforts with other state agencies, in cooperation with the Secretary of the Natural Resources Agency. The conservancy shall, as necessary or appropriate, cooperate and consult with a public water system, levee, flood control, or drainage agency that owns or operates facilities, including lands appurtenant thereto, where a grant is proposed to be expended or an interest in land is proposed to be acquired.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 5 - Powers, Duties, and Limitations › Section 32364.

32364. (a) The conservancy may require a grantee to enter into an agreement with the conservancy on terms and conditions specified by the conservancy.
(b) The conservancy may require a cost-share or local funding requirement for a grant. The conservancy may make that cost-share or local funding requirement contingent upon the total amount of funding available, the fiscal resources of the applicant, or urgency of the project. The conservancy may waive cost-share requirements.
(c) The conservancy may fund or award grants for plans and feasibility studies consistent with its strategic plan or the Delta Plan.
(d) The conservancy may seek repayment or reimbursement of funds granted on terms and conditions it deems appropriate. The proceeds of repayment shall be deposited in the fund.
(e) The conservancy may require any funds that exceed the costs of eligible or approved projects or of acquisition to be returned to the conservancy, to be available for expenditure when appropriated by the Legislature.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 5 - Powers, Duties, and Limitations › Section 32364.5.

32364.5. (a) The conservancy may provide grants and loans to state agencies, local public agencies, and nonprofit organizations to further the goals of the conservancy.
(b) An entity applying for a grant from the conservancy to acquire an interest in real property shall specify all of the following in the grant application:
(1) The intended use of the property.
(2) The manner in which the land will be managed.
(3) How the cost of ongoing operations, maintenance, and management will be provided, including an analysis of the maintaining entity’s financial capacity to support those ongoing costs.
(4) Grantees shall demonstrate, where applicable, how they will provide payments in lieu of taxes, assessments, or charges otherwise due to local government.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 5 - Powers, Duties, and Limitations › Section 32365.

32365. The conservancy may sue and be sued.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 5 - Powers, Duties, and Limitations › Section 32366.

32366. (a) The conservancy may acquire from willing sellers or transferors interests in real property and improve, lease, or transfer interests in real property, in order to carry out the purposes of this division.
(b) The conservancy shall use conservation easements to accomplish ecosystem restoration whenever feasible.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 5 - Powers, Duties, and Limitations › Section 32368.

32368. The conservancy may enter into an agreement with a public agency, nonprofit organization, or private entity for the construction, management, or maintenance of facilities authorized by the conservancy.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 5 - Powers, Duties, and Limitations › Section 32370.

32370. The conservancy shall not exercise the power of eminent domain.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)
2023 California Code › Public Resources Code - PRC › DIVISION 22.3 - SACRAMENTO-SAN JOAQUIN DELTA CONSERVANCY › CHAPTER 5 - Powers, Duties, and Limitations › Section 32372.

32372. (a) The conservancy may pursue and accept funds from various sources, including, but not limited to, federal, state, and local funds or grants, gifts, donations, bequests, devises, subventions, grants, rents, royalties, or other assistance and funds from public and private sources.
(b) The conservancy may accept fees levied by others.
(c) The conservancy may create and manage endowments.
(d) All funds received by the conservancy shall be deposited in the fund for expenditure for the purposes of this division.
(Added by Stats. 2009, 7th Ex. Sess., Ch. 5, Sec. 37. (SB 1 7x) Effective February 3, 2010.)