California Boating Law

5103

TITLE 14

DEPARTMENT OF BOATING AND WATERWAYS

(E) A report on the effect the project would have on the environment. The department will provide the applicant with a copy of the latest law on this subject. (F) A plan to capitalize a reserve fund in an amount specified by the department. (G) Collateral acceptable to the department. (2) A designation of a representative authorized to act for the applicant to sign any necessary papers or to otherwise act as the representative of the applicant. 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. 5103. Feasibility Review. 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. 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. 5104. Priority. When considering applications, the department shall, in addition to priorities set forth in the Harbors and Navigation Code, rank applications based upon the following: (a) First priority shall be given to projects based upon issues of the health and safety of boaters using the facilities. (b) Next, priority shall be given to projects currently receiving phased funding from the department. (c) Next, priority shall be given based upon availability of matching funds. (d) Next, priority shall be given based upon relative demand for facilities in the same market area, as determined by the department. Consideration shall be given to:

(1) Population size of the market area. (2) Similar facilities in the market area. (3) Boating activity in the market area.

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