California Code of Regulations
Title 23 - Waters
Division 2 - Department of Water Resources
Chapter 2.3 - Loan Programs Under the Water Conservation and Water Quality Bond Law of 1986, and the Water Conservation Bond Law of 1988 and Loan and Grant Programs for Local Projects Under the Safe, Clean, Reliable Water Supply Act
Section 450.7 - Public Meeting or Election on Project Loan Debt
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) A public meeting or, if required by the applicants governing law, an election on the proposed project loan debt must be held by the applicant before entering into the funding contract, unless the contract is for a feasibility study loan or grant. A meeting or the required election shall be conducted after the Department has notified the applicant of its ranking within the fundable range of the priority list, but before the loan contract is executed. The purpose of the public meeting shall be to inform the ratepayers of the project and to provide a forum for public comment on the means of financing the project. This public meeting may be combined with another public meeting which the applicant must hold on the project.
(b) Before conducting a public meeting on the project debt, the applicant shall:
Within thirty days following the meeting or election, the applicant shall submit a written report to the Department describing the meeting including an assessment of support and opposition to the project.
1. New section filed 5-21-87; operative 6-20-87 (Register 87, No. 22).
2. Amendment filed 9-21-90; operative 10-21-90 (Register 90, No. 44).
3. Renumbering of former section 450.7 to section 450.8 and renumbering of former section 450.6 to section 450.7, with amendment of subsection (a) and NOTE, filed 1-28-98; operative 2-27-98 (Register 98, No. 5).
Note: Authority cited: Sections 12879.4 and 78680.20, Water Code. Reference: Sections 12879.4(c)(5) and 78680.12(c), Water Code.