Bill Text: CA AB561 | 2011-2012 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Ventura County Watershed Protection District:

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2011-08-04 - Chaptered by Secretary of State - Chapter 175, Statutes of 2011. [AB561 Detail]

Download: California-2011-AB561-Introduced.html

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BILL NUMBER: AB 561	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Members Gorell and Smyth

                        FEBRUARY 16, 2011

   An act to add Section 7.8 to the Ventura County Watershed
Protection Act (Chapter 44 of the Fourth Extraordinary Session of the
Statutes of 1944), relating to the Ventura County Watershed
Protection District.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 561, as introduced, Gorell. Ventura County Watershed Protection
District: indebtedness.
   Existing law, the Ventura County Watershed Protection Act, creates
the Ventura County Watershed Protection District and grants to that
district authority that includes the control of flood water and
stormwater. The act authorizes the district to borrow money and incur
indebtedness for various purposes, including financing flood control
and conservation projects and repairing or removing flood control
structures, in accordance with specified requirements.
   This bill would authorize the district to borrow money and incur
indebtedness for the construction and reconstruction of district
facilities, and would require each loan or debt to be authorized by a
resolution adopted by a majority vote of the governing board of the
district and evidenced by a note.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 7.8 is added to the Ventura County Watershed
Protection Act (Chapter 44 of the Fourth Extraordinary Session of the
Statutes of 1944), to read:
  Sec. 7.8.  Notwithstanding any other section of this act, and
consistent with Section 18 of Article XVI of the California
Constitution, the district may borrow money and incur indebtedness to
finance the construction and reconstruction of district facilities.
Each loan or debt borrowed or incurred pursuant to this section shall
be authorized by a resolution adopted by a majority vote of the
board of supervisors and shall be evidenced by a note.