The Legislature finds that alternative methods of financing provided in this chapter are needed to finance the cost of acquiring, constructing, and developing facilities for transit systems in the County of Los Angeles and that these methods will increase economic opportunities, contribute to economic development, be in the public interest and serve a public purpose, and promote the health, safety, and welfare of citizens within the County of Los Angeles.
Cal. Pub. Util. Code § 130501
General Provisions
Known as the Los Angeles County Transportation Commission Revenue Bond Act
The act spans §§ 130500–130553 (37 sections).
Added by Stats. 1984, Ch. 1646, Sec. 2.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.