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CHAPTER 1 - Title and Declaration of Policy
Section 67500. - 67500. This title shall be known and may be cited...
Section 67501. - 67501. It is hereby declared to be the policy of...
CHAPTER 2 - Definitions
Section 67502. - 67502. When the terms defined in this chapter are used...
Section 67503. - 67503. “Authority” means the San Francisco Bay Area Transportation Terminal...
Section 67504. - 67504. “Bonds” means the written evidence of any obligation incurred...
Section 67505. - 67505. “Bondholder” or “holder of bonds” or any similar term...
Section 67506. - 67506. “Transbay transit terminal” means the existing bus terminal under...
Section 67507. - 67507. “Regional transit terminal” means the terminal to be developed...
Section 67508. - 67508. “Revenues” means all rates, rentals, fees, charges, or other...
Section 67509. - 67509. “Indenture” means any resolution, agreement, or other document in...
Section 67510. - 67510. “Public corporation” means any county, city and county, city,...
Section 67511. - 67511. “Commission” means the California Transportation Commission. (Added by Stats....
Section 67512. - 67512. “Department” means the Department of Transportation. (Added by Stats....
CHAPTER 3 - San Francisco Bay Area Transportation Terminal Authority
ARTICLE 1 - Creation of the Authority
Section 67520. - 67520. There is hereby created the San Francisco Bay Area...
Section 67521. - 67521. The authority is a public corporation of the State...
Section 67522. - 67522. The authority’s purpose shall be to develop plans for...
ARTICLE 2 - Organization
Section 67525. - 67525. (a) The authority shall be governed by a board...
Section 67526. - 67526. All members of the authority or their duly designated...
Section 67527. - 67527. A majority of the members of the board shall...
Section 67528. - 67528. The authority shall maintain an office located in the...
Section 67529. - 67529. The authority may either employ an executive director, a...
Section 67530. - 67530. The authority may sue and be sued in the...
ARTICLE 3 - General Powers
Section 67535. - 67535. The authority shall terminate no later than December 31,...
Section 67536. - 67536. The authority may sue and be sued in all...
Section 67537. - 67537. (a) The authority shall investigate and evaluate various reasonable...
Section 67538. - 67538. (a) The authority itself may develop, or may contract...
Section 67539. - 67539. (a) The authority and the department shall have the...
Section 67540. - 67540. The department may construct or may assist other public...
Section 67541. - 67541. The authority may exercise the right of eminent domain...
Section 67542. - 67542. The authority shall not commence any eminent domain proceedings...
Section 67543. - 67543. The authority may adopt such rules and regulations as...
Section 67544. - 67544. The authority shall have power to deposit any moneys...
Section 67545. - 67545. The authority shall not have power to levy taxes...
Section 67546. - 67546. All property of the authority, and all income, rates,...
Section 67547. - 67547. The authority may adopt such rules and regulations governing...
ARTICLE 4 - Revenue Bonds
Section 67550. - 67550. The commission may issue bonds for the acquisition, construction,...
Section 67551. - 67551. The validity of the authorization and issuance of any...
Section 67552. - 67552. The commission shall issue bonds in its name. These...
Section 67553. - 67553. The commission shall determine the time, form, and manner...
Section 67554. - 67554. The commission may enter into indentures providing for the...
Section 67555. - 67555. An indenture may include such covenants and agreements on...
Section 67556. - 67556. An indenture may include a clause requiring the commission...
Section 67557. - 67557. An indenture may include a clause requiring the department...
Section 67558. - 67558. An indenture may include a clause requiring the department...
Section 67559. - 67559. An indenture may include a clause requiring the commission...
Section 67560. - 67560. An indenture may include a clause requiring the commission...
Section 67561. - 67561. An indenture may include a clause which limits, restricts,...
Section 67562. - 67562. An indenture may include a clause requiring the commission...
Section 67563. - 67563. An indenture may include a clause requiring the commission...
Section 67564. - 67564. An indenture may include a clause limiting the power...
Section 67565. - 67565. An indenture may include a clause limiting the power...
Section 67566. - 67566. An indenture may include a clause requiring, specifying, or...
Section 67567. - 67567. An indenture may include a clause providing the events...
Section 67568. - 67568. An indenture may include a clause prescribing a procedure...
Section 67569. - 67569. An indenture may include a clause providing for such...
Section 67570. - 67570. The commission may designate a bank or trust company,...
Section 67571. - 67571. The commission shall fix and determine, in an indenture,...
Section 67572. - 67572. The commission may issue bonds in series and may...
Section 67573. - 67573. Bonds may be issued as coupon bonds or as...
Section 67574. - 67574. Bonds shall bear interest at a rate of not...
Section 67575. - 67575. Bonds may be callable upon such terms and conditions...
Section 67576. - 67576. The commission may provide for the payment of the...
Section 67577. - 67577. The commission may provide for the execution and authentication...
Section 67578. - 67578. Bonds shall bear dates prescribed by the commission. Bonds...
Section 67579. - 67579. The commission may fix terms and conditions for the...
Section 67580. - 67580. The commission may provide, in the proceedings for the...
Section 67581. - 67581. Interest on bonds may be paid out of the...
Section 67582. - 67582. Pending the actual issuance or delivery of definitive bonds,...
Section 67583. - 67583. All bonds, and the interest thereon, are exempt from...
Section 67584. - 67584. The commission may provide for the issuance, sale, or...
Section 67585. - 67585. Refunding bonds may be issued in a principal amount...
Section 67586. - 67586. All bonds issued under the provisions of this chapter...
Section 67587. - 67587. The commission may apply to the State Treasurer under...
Section 67588. - 67588. Prior to the issuance of any bonds, the commission...
Section 67589. - 67589. No indenture need be recorded or filed in any...
Section 67590. - 67590. Subject to any applicable provisions which may be contained...
Section 67591. - 67591. While any bonds issued by the commission remain outstanding...
ARTICLE 5 - Acquisition, Construction, Completion, Improvement, Betterment, and Extension of the Regional Transit Terminal
Section 67600. - 67600. After the transbay transit terminal has been transferred to...
Section 67601. - 67601. The authority has full charge of the acquisition, construction,...
Section 67602. - 67602. Title to all property acquired by the authority and...
Section 67603. - 67603. The authority may use for the payment of the...
Section 67604. - 67604. The authority may insure against any accident to or...
Section 67605. - 67605. The authority may insure against loss of revenues from...
Section 67606. - 67606. The authority may insure against public liability or property...
ARTICLE 6 - Rents, Rates, Fees, and Charges
Section 67610. - 67610. (a) If the department contracts with a developer for...
Section 67611. - 67611. Subject to such contractual obligations as may be entered...
Section 67612. - 67612. All rates, rents, fees, and charges shall comply with...
Section 67613. - 67613. The commission may provide in an indenture that the...
ARTICLE 7 - Rights of Bondholders
Section 67620. - 67620. The holder of any bond may, for the equal...
Section 67621. - 67621. The enumeration of the rights and remedies in Section...
ARTICLE 8 - Contributions and Cooperation
Section 67625. - 67625. The authority may accept contributions or appropriations from the...
Section 67626. - 67626. The authority may cooperate and contract with the United...
ARTICLE 9 - Funds
Section 67630. - 67630. The proceeds from the sale of bonds shall be...
Section 67631. - 67631. The proceeds of the sale of bonds shall be...
Section 67632. - 67632. Any surplus moneys which shall exist after the payment...
Section 67633. - 67633. The commission shall, in any indenture, designate a trustee...
Section 67634. - 67634. The proceeds of the sale of bonds, held by...
Section 67635. - 67635. All revenues received from the operation of the regional...
Section 67636. - 67636. Notwithstanding any of the foregoing provisions of this article,...
ARTICLE 10 - General Authority
Section 67640. - 67640. The authority and its officers and agents may perform...