SECTIONS 15819.90-15819.95 - California Statutes

GOVERNMENT CODE

SECTION 15819.90-15819.95

15819.90. (a) It is the intent of the Legislature to make an
appropriation for three additional sites of the Southern California
Veterans' Home, following construction of the veterans' home at
Barstow, for a total of four sites.
(b) (1) (A) The board shall issue revenue bonds, negotiable notes,
or negotiable bond anticipation notes pursuant to Chapter 5
(commencing with Section 15830) to finance the construction of an
additional site of the Southern California Veterans' Home only in
accordance with subparagraph (B).
(B) Authorization and bond issuance for the second site shall take
place after the department certifies that the construction of the
first site, the veterans' home at Barstow, has been completed and
opened, and demonstrates to the State Public Works Board that the
facility is fully operational and that there is a demonstrated demand
for a second site.
(2) The second, third, and fourth sites shall be in addition to
the first site located at Barstow.
(c) The amount of revenue bonds, negotiable notes, or negotiable
bond anticipation notes to be sold pursuant to Chapter 5 (commencing
with Section 15830) for capital outlay for this purpose shall not
exceed the sum of twelve million dollars ($12,000,000). This amount
shall be available as necessary for the site studies, suitability
reports, environmental studies, master planning, architectural
programming, schematics, preliminary plans, working drawings,
construction, and equipment of site two of the Southern California
Veterans Home. These funds shall also be used for repayment of any
loan made pursuant to former Section 15819.90, as added by Chapter
943 of the Statutes of 1995, for costs related to the first and
second sites.
(d) In addition to the funds appropriated pursuant to subdivision
(g), the sum of sixty-six million dollars ($66,000,000) in federal
matching funds available pursuant to the State Veterans' Home
Assistance Improvement Act of 1977 (38 U.S.C.A. Sec. 8131 et seq.),
is hereby appropriated to the board on behalf of the Department of
Veterans Affairs for the purposes of construction or repayment of any
loan related to the second, third, and fourth sites of the Southern
California Veterans' Home. In the event that bonds are not issued or
sold, any loans for the purposes of this section or former Section
15819.90, shall be repaid from the department's annual support
appropriations.
(e) The amount of revenue bonds, negotiable notes, or negotiable
bond anticipation notes to be sold shall equal the costs of
performance of all functions referred to in subdivision (c), and any
additional amounts, as specified in subdivision (h).
(f) The amount of negotiable bond anticipation notes to be sold
pursuant to this section shall not exceed the amount of revenue bonds
or negotiable notes authorized by this section.
(g) Notwithstanding Section 13340, funds derived for the purposes
of this section from the financing methods of Chapter 5 (commencing
with Section 15830) are hereby appropriated, without regard to fiscal
year, to the board on behalf of the Department of Veterans Affairs
for the construction or repayment of any loans related to the second
site of the Southern California Veterans' Home.
(h) The State Public Works Board may borrow funds for all phases
of the projects from the Pooled Money Investment Account pursuant to
Sections 16212 and 16313, and any other legal fund sources.
(i) The board may authorize the augmentation of the cost of the
construction of the sites set forth in this chapter pursuant to the
board's authority under Section 13332.11. In addition, the board may
authorize any additional amounts necessary to pay the costs of
financing, including, but not limited to, the payment of interest
during construction of the sites, any additional amount as may be
authorized by the board to pay the cost of financing a reasonably
required reserve fund, interest payable on any interim loan for the
homes from the Pooled Money Investment Account pursuant to Section
16312, and the costs of issuance of permanent financing of the sites.
Notwithstanding subdivision (d) of Section 13332.11, the board shall
defer all augmentations in excess of 10 percent of the amount
appropriated for each capital outlay project until the Legislature
makes additional funds available for the specific project.
(j) The Department of Veterans Affairs is hereby authorized to
enter into any lease agreement with the State Public Works Board
necessary to achieve completion of the construction phase of the
second, third, and fourth Southern California Veterans' Home project
sites. The Director of Veterans Affairs shall notify the Chairperson
of the Joint Legislative Budget Committee of the director's intention
to execute any lease agreement authorized by this section at least
45 days prior to its execution.
(k) This section shall be repealed on January 1 following
certification to the Public Works Board by the Secretary of the
Department of Veterans Affairs, and with Department of Finance
concurrence, that the construction project at Chula Vista is complete
and that all accounting records are closed.

15819.95. (a) The funds generated from the issuance of the bonds
pursuant to Section 15819.90 shall be expended only upon receipt of
the matching amount of federal funds from the United States
Department of Veterans Affairs. The Director of Veterans Affairs
shall notify the Chief Clerk of the Assembly, the Secretary of State,
and the State Public Works Board in writing that the federal
matching funds have been provided, and the Chief Clerk of the
Assembly shall publish this notification in the Assembly Journal.
The total amount of federal matching funds to be received is
twenty-two million dollars ($22,000,000) for each of the second,
third, and fourth sites, however, the entire amount does not need to
be received prior to expenditure of the funds from the bond issuance
authorized by Section 15819.90, if there has been a federal
commitment to provide those matching funds. The board may allocate
funds to the Department of Veterans Affairs for expenditures that are
equal to a 35-percent portion of the total acquisition and
construction costs.
(b) This section shall be repealed on January 1 following
certification to the Public Works Board by the Secretary of the
Department of Veterans Affairs, and with Department of Finance
concurrence, that the construction project at Chula Vista is complete
and that all accounting records are closed.