SB 246, as introduced, Fuller. Desert View Water District-Bighorn Mountains Water Agency.
Existing law, the Desert View Water District-Bighorn Mountains Water Agency Consolidation Law, authorized a consolidation between the Desert View Water District and the Bighorn Mountains Water Agency and required a county water district consolidated with the Bighorn Mountains Water Agency to separately account for and use all funds derived from the operation of the former district system exclusively for the purposes of maintenance, operation, betterments, and bond debt service of the acquired system until all debt of the former system has been paid in full or until a majority vote of the electorate, as prescribed, authorizes other expenditures.
This bill would instead specify procedures for the repayment of bonded indebtedness incurred prior to the consolidation and would prohibit the consolidation from being construed to impair any existing contract.
Vote: majority. Appropriation: no. Fiscal committee: no. State-mandated local program: no.
The people of the State of California do enact as follows:
Section 33305 of the Water Code is amended to
begin deleteSection 31012 applies to a county water district Bighorn Mountains
2consolidated with the end delete