527.1.
(a) On or before January 1, 2015, the South Tahoe Public Utilities District may submit to the board, the Senate Committee on Natural Resources and Water, and the Assembly Committee on Water, Parks and Wildlife a report that does all of the following:(1) Specifies the total number of water meters that the South Tahoe Public Utilities District would be required to install to be in compliance with Section 527, and the total number of connections served by the district.
(2) Specifies the total number of water meters the South Tahoe Public Utilities District has installed before January 1, 2015, and the number of connections that remain to be installed by January 1, 2025.
(3) Describes all funding sources used to fund the installation of water meters in compliance with Section 527.
(4) Estimates revenue that will be available between January 1, 2015, and January 1, 2025, to fund the installation of meters that remain to be installed during that period.
(5) Estimates the number of meters that should be installed during each construction season to meet the January 1, 2025, deadline imposed in Section 527, and estimates the number of meters that can be installed based on the funding estimated in paragraph (4).
(b) (1) If the South Tahoe Public Utilities District submits a report in accordance with subdivision (a), the district may submit, before January 1, 2020, a second report updating the information described in that subdivision, to the board, the Senate Committee on Natural Resources and Water and the Assembly Committee on Water, Parks, and Wildlife.
(2) The South Tahoe Public Utilities District may include in the second report a request to extend the January 1, 2025, deadline for compliance specified in paragraph (1) of subdivision (a) of Section 527. If the board finds that the district has demonstrated progress toward installing meters and the available resources or the construction seasons are insufficient to allow the district to meet the deadline, the board shall grant an extension, not to exceed 10 years.