If you are set on it, you'll have to look into permitting etc... to collect and keep your livestock. Being a 'naturally' occuring body of water, you'll have to check on regulation in CA for what you're doing. I know they are very strict with things like this, especially if there is the chance it goes under and can 'cross contaminate' back into the ocean.
I still have doubt. The Blue shark is a very active open water swimmer. It's not one of the sharks I'd consider trying. I'd stick to smaller species that have a proven track record under human care, then move up from there after a few years of shark keeping.
Enlcosed bodies of water (even large ones) are very different that open ocean when it comes to parasite / bacteria outbreaks. Don't let the volume fool you into thinking the immune system of the animal will be enough if something sneaks in. Water being toxic to fish vs sharks is also different. Sharks are very sensative to certain things (like trace metal) that won't impact typcial fish species at all.
Have you done an preliminary testing of things like disolved oxygen levels during various times of the year? They can fall off very quickly, even on a large volume like this, and a blue shark needs VERY high DO levels.