California § 15820.941. 15820.941. (Added by Stats. 2016, Ch. 34, Sec. 1.)

California Statutes

§ 15820.941. — 15820.941. (Added by Stats. 2016, Ch. 34, Sec. 1.)

California·Code GOV Government Code - GOV·Div. 3.·Title 2. DIVISION 3. EXECUTIVE DEPARTMENT·Part 10b. PART 10b. STATE BUILDING CONSTRUCTION·Ch. 3.132. CHAPTER 3.132. Financing of Adult Local Criminal Justice Facilities—2016

Upon a participating county’s receipt of responsive construction bids or design-build proposals, or a participating county’s notification to the board of its intent to exercise a purchase option, and after the adult local criminal justice facility has been certified pursuant to Section 15820.94, the board and the BSCC or the CDCR may borrow funds for project costs from the Pooled Money Investment Account pursuant to Sections 16312 and 16313, or from any other appropriate source. In the
				event any of the revenue bonds, notes, or bond anticipation notes authorized by this chapter are not sold, the BSCC or the CDCR shall commit a sufficient amount of its support appropriation to repay any loans made for an approved adult local criminal justice facility.

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Upon a participating county’s receipt of responsive construction bids or design-build proposals, or a participating county’s notification to the board of its intent to exercise a purchase option, and after the adult local criminal justice facility has been certified pursuant to Section 15820.94, the board and the BSCC or the CDCR may borrow funds for project costs from the Pooled Money Investment Account pursuant to Sections 16312 and 16313, or from any other appropriate source. In the
event any of the revenue bonds, notes, or bond anticipation notes authorized by this chapter are not sold, the BSCC or the CDCR shall commit a sufficient amount of its support appropriation to repay any loans made for an approved adult local criminal justice facility.

California § 15820.941. (15820.941. (Added by Stats. 2016, Ch. 34, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.