CHAPTER 3. Powers and Duties of the Authority [93312. - 93319.]

Chapter 3 added by Stats. 2011, Ch. 234, Sec. 1.

§§ 93312–93319 · 8 sections

• § 93312 The authority has all of the following powers: (a) To acquire, own, operate, and lease real and personal property reasonably related to the operation and…
• § 93313 The authority may acquire, own, lease, and operate railroad lines and equipment, including, but not limited to, real and personal property, tracks,…
• § 93314 The authority may prepare a plan for the acquisition and operation of any railroad line specified in Section 93301, at no expense to the state, to achieve the…
• § 93315 After preparation of a plan pursuant to Section 93314, the authority may do any of the following: (a) Conduct engineering and other studies related to the…
• § 93316 (a) The authority may issue bonds, payable from revenues of any facility or enterprise to be acquired or constructed by the authority, in the manner provided…
• § 93317 The state is not liable for any contracts, debts, or other obligations of the authority.
• § 93318 Agencies forming the joint powers agreement implementing the authority shall be liable for all debts and obligations of the authority.
• § 93319 The authority may not utilize or be a claimant for Transportation Development Act funds and shall not be entitled to receive funds from the Public…