§ 516. Use of County Correctional Facility Capital Expenditure and Youth Facility Funds.

(a) A county may use funds allocated by the Board under this program as match to other grants for purposes of construction which are consistent with these regulations.

(b) A county may use funds allocated by the Board under this program for a project, the county portion of which is financed through a third party such as a bank or non-profit corporation, if the Board approves such financing. The county financing must be consistent with all relevant regulations contained herein. Normally, such third party financing arrangements may be used if the county operates or intends to operate the proposed facility for a reasonable period of time and if the county provides the Board reasonable assurances that it will pay all lease or debt obligations. No state funds shall be used to pay principal and/or interest expenses.

HISTORY

1. Amendment filed 9-29-83; effective thirtieth day thereafter (Register 83, No. 40).

2. Amendment of NOTE filed 3-8-85; effective upon filing pursuant to Government Code Section 11346.2(d) (Register 85, No. 10).

3. Amendment of subsection (b) filed 9-28-87; operative 9-28-87 (Register 87, No. 42).

4. Amendment filed 7-19-90; operative 7-19-90 pursuant to Government Code section 11346.2(d) (Register 90, No. 39).

Note

Note: Authority cited: Sections 4496.34 and 4497.06, Penal Code. Reference: Sections 4497.02 and 4497.06, Penal Code.