ARTICLE 3. Selection of Projects

Article 3 added by Stats. 1999, Ch. 862, Sec. 3.

§§ 14553–14553.10 · 8 sections

• § 14553 (a) The commission may from time to time select and designate eligible projects to be funded from the proceeds of notes, if financing of the project from the…
• § 14553.2 The commission, in cooperation with the department and regional transportation planning agencies, shall establish guidelines for eligibility for funding…
• § 14553.4 The Treasurer may not authorize the issuance of notes if the annual repayment obligations of all outstanding notes in any fiscal year would exceed 15 percent…
• § 14553.6 Funds allocated to a State Transportation Improvement Program project under this chapter, including cost overruns and financing costs, shall be counted against…
• § 14553.7 In order to provide security for repayment of the notes, the commission shall adopt a resolution dedicating and pledging any future receipts of federal…
• § 14553.8 Before notes are issued under this chapter, the commission, in cooperation with the department and the Department of Finance, shall consider and determine the…
• § 14553.9 (a) Upon taking the actions authorized under this article, the commission may request the Treasurer to issue notes to provide funds for the eligible projects.…
• § 14553.10 On or before October 1 of each year, the commission shall report to the Governor, the Department of Finance, the Legislative Analyst, and the Chairs of the…