The Earthquake Safety and Public Building Rehabilitation Bond Act of 1990 authorizes the issuance of state general obligation bonds in the amount of $300,000,000 to provide funds for the reconstruction, repair, replacement, relocation, or seismic retrofitting of buildings owned by local governments or the state.
Existing law provides that, upon appropriation by the Legislature, up to 1% of the moneys deposited in the Earthquake Safety and Public Buildings Rehabilitation Fund of 1990, pursuant to the issuance of the general obligation bonds, may be used by the Seismic Safety Commission, to research methods, techniques, and technologies to identify and analyze existing potentially hazardous buildings and facilities, including, but not limited to, unreinforced masonry construction. Existing provisions also authorize the commission to use those funds for purposes of researching and developing methods, techniques, and technologies for seismic safety retrofitting of the buildings, as well as helping to develop and prepare building standards and administrative regulations relating to the retrofitting of the buildings for seismic safety purposes.
This bill would, in accordance with this authority, appropriate from the Earthquake Safety and Public Buildings Rehabilitation Fund of 1990 to the commission, $140,000 for use during the 1990–91 fiscal year for the purpose of establishing guidelines for the administration and disbursement of funds.
This bill would take effect immediately as an urgency statute.
Appropriation: yes.