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44 California Attorney General Reports and Opinions 1 (1964)

handle is hein.sag/sagca0044 and id is 1 raw text is: OPINIONS
OF THE
ATTORNEY GENERAL
OF CALIFORNIA
Volume 44
Opinion No. 64-72-July 1, 1964
SUBJECT: CENTRAL VALLEY WATER PROJECT-Proceeds from sale of
reservoir site acquired with General Fund money must be placed in either
the Central Valley Project Construction Fund or the Water Resources Revolv-
ing Fund.
Requested by: DIRECTOR OF WATER RESOURCES
Opinion by: STANLEY MOSK, Attorney General
Paul M. Joseph, Deputy
The Honorable William E. Warne, Director of Water Resources, has requested
an opinion on the following question:
What disposition should be made of money received from the sale of surplus
property of the State Water Resources Development System in general and, par-
ticularly, with respect to any proceeds of the sale of the Airpoint Reservoir Site
acquired with General Fund money appropriated by Item 419.5 of the Budget
Act of 1956 (Stats. 1956, ch. 1, p. 98) ?
The conclusion is:
Proceeds of the sale of the surplus property acquired as a part of the Central
Valley Project of the State Water Resources Development System, pursuant to
the provisions of section 11595 (all section references are to the Water Code
unless otherwise specified), are available for the purposes and objects of the
Central Valley Project Act (§§ 11100-11855), and must be placed in a fund avail-
able for such purposes and objects. The Central Valley Project Construction Fund
(§ 11810) or the Water Resources Revolving Fund ( 135) are suitable funds
in which to make such deposits.
1

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