California Water Code

§ 78672.5

WAT § 78672.5Div. 24 · Ch. 6 · Art. 3

Statute text

(a)Any loan contract concerning an eligible, voluntary, cost-effective capital outlay water conservation program shall be supported by, or shall include, all of the following:

(1)An estimate of the reasonable cost and benefit of the program.

(2)An agreement by the local agency to proceed expeditiously with, and complete, the program.

…

Legislative history

Added by Stats. 1996, Ch. 135, Sec. 1. Approved in Proposition 204 at the November 5, 1996, election.