California Statutes
§ 81438. — 81438. (Added by Stats. 2012, Ch. 251, Sec. 1.)
California·Code WAT Water Code - WAT·Div. 31. DIVISION 31. BAY AREA WATER SUPPLY AND CONSERVATION AGENCY·Ch. 4. CHAPTER 4. Powers and Functions of Agency·Art. 2.5. ARTICLE 2.5. Additional Financing Authority
(a)In addition to the authority granted in Section 81435, the agency may do all of the following:
(1)Impose reasonable rates, fees, and charges on BAWSCA members for any program or service provided or work performed by the agency.
(2)Impose rates, fees, and charges on BAWSCA members and any entity that subsequently serves a BAWSCA member’s service area in an amount as shall be necessary, together with other available sources of funds, to pay debt service on any bonds issued by the agency for a use authorized by Section 81437.5 and to satisfy all other obligations of the agency related to these bonds, including,
but not limited to, funding and maintaining reserve funds and complying with financial covenants.
(3)Distribute any amounts collected that are not needed for the purpose
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California § 81438. (81438. (Added by Stats. 2012, Ch. 251, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2012, Ch. 251, Sec. 1. (AB 2167) Effective January 1, 2013.