California Code of Regulations
Title 14 - Natural Resources
Division 4 - Division of Boating and Waterways
Chapter 1 - Division of Boating and Waterways
Article 1.1 - Public Small Craft Harbor Loan Regulations
Section 5103 - Feasibility Review

Universal Citation: 14 CA Code of Regs 5103

Current through Register 2024 Notice Reg. No. 38, September 20, 2024

The applicant's formal application will be judged as to the following considerations:

(a) Engineering feasibility, including a determination as to whether or not the project can be developed within the total amount of funds to be made available.

(b) Financial feasibility, including an analysis of the availability of capital to finance construction to completion, users' willingness and ability to pay anticipated berthing and other charges used in estimating revenues, and evaluation of the sufficiency of revenues to cover annual cost on a year-by-year basis, including maintenance of a reserve fund and the amortization of the applied for loan.

1. Editorial correction of NOTE filed 10-11-85 (Register 85, No. 41).
2. Amendment filed 7-2-2001; operative 8-1-2001 (Register 2001, No. 27).

Note: Authority cited: Sections 63.9(e) and 71.4, Harbors and Navigation Code. Reference: Sections 71.4 and 85.2, Harbors and Navigation Code.

Disclaimer: These regulations may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.