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§ 5103. Feasibility Review.

14 CA ADC § 5103Barclays Official California Code of Regulations

Barclays California Code of Regulations
Title 14. Natural Resources
Division 4. Division of Boating and Waterways
Chapter 1. Division of Boating and Waterways
Article 1.1. Public Small Craft Harbor Loan Regulations
14 CCR § 5103
§ 5103. Feasibility Review.
Currentness
The applicant's formal application will be judged as to the following considerations:
(a) Engineering feasibility, including a determination as to whether or not the project can be developed within the total amount of funds to be made available.
(b) Financial feasibility, including an analysis of the availability of capital to finance construction to completion, users' willingness and ability to pay anticipated berthing and other charges used in estimating revenues, and evaluation of the sufficiency of revenues to cover annual cost on a year-by-year basis, including maintenance of a reserve fund and the amortization of the applied for loan.

Credits

Note: Authority cited: Sections 63.9(e) and 71.4, Harbors and Navigation Code. Reference: Sections 71.4 and 85.2, Harbors and Navigation Code.
History
1. Editorial correction of Note filed 10-11-85 (Register 85, No. 41).
2. Amendment filed 7-2-2001; operative 8-1-2001 (Register 2001, No. 27).
This database is current through 5/10/24 Register 2024, No. 19.
Cal. Admin. Code tit. 14, § 5103, 14 CA ADC § 5103
End of Document