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Official Title: Bond: Safe Drinking Water, Clean Water,
Watershed
Protection, And Flood Protection Bond Act
Bond Act
Results
Official election
results are available from the Secretary of State's web
site.
Official Summary: This act provides for a bond issue
of one billion nine hundred seventy million dollars ($1,970,000,000) to provide funds
for a safe drinking water, water qualtiy, flood protection, and water reliability
program. Appropriates money from the General Fund to pay off bonds. Fiscal Impact:
State cost of up to $3.4 billion over 25 years to pay off the principal ($1.97 billion)
and the interest ($1.4 billion) costs on the bonds. Payments of about $135 million
per year. Potential costs of an unkown amount to local governments to operate or
maintain projects developed with these bond funds. |
Web Sites
NO
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none |
Contact Information
YES
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Larry Sheingold
Californians for Clean, Safe, Reliable Water - Yes on Proposition 13
1127 11th Street, Suite 300
Sacramento, CA 95814 |
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(916) 484-3725 |
Who Signed the Ballot Arguments
YES
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Governor Gray Davis
Allan Zaremberg, President, California Chamber of Commerce
Leslie Friedman Johnson, Water Program Director, The Nature Conservancy
Larry McCarthy, President, California Taxpayers' Association
Jim Costa, Chairman, Senate Agriculture and Water Resources Committee
Michael J. Machado, Chairman, Assembly Water, Parks and Wildlife Committee |
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NO
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Gail K. Lightfoot, Past Chair, Libertarian Party of California
Dennis Schlumpf, Director, Tahoe City Public Utility District
Ted Brown, Insurance Adjuster/Investigator
Thomas Tryon, Calaveras County Supervisor |
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