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Cal. Gov. Code § 64114

CALIFORNIA TRANSPORTATION FINANCING AUTHORITY

Known as the California Transportation Financing Authority Act

The act spans §§ 64100–64132 (34 sections).

Added by Stats. 2009, Ch. 474, Sec. 1

The authority and the commission shall develop an approval process that results in project approval by the commission and financing approval by the authority in a cooperative manner that is not sequential, in order that both approvals may be delivered to a project at approximately the same time. Both agencies shall work with potential project sponsors to ensure that projects are developed and brought forward for approval in a manner consistent with the commission’s project requirements and the authority’s financing requirements. No less than 30 days prior to approving the project and its financing plan, the commission and the authority shall make available for public review and comment a description of the project and its financing.

Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.