ARTICLE 4. Funding [66540.41. - 66540.54.]
Article 4 added by Stats. 2007, Ch. 734, Sec. 2.
§§ 66540.41–66540.54 · 14 sections
- § 66540.41 The authority shall prepare and implement annual operating budgets for the operation of the San Francisco Bay Area water transportation services system,…
- § 66540.42 The authority shall set fares for travel on the water transportation services system that it operates, and define and set other fares and fees for services…
- § 66540.43 (a) The authority may issue bonds, from time to time, payable from revenue of any facility or enterprise operated, acquired, or constructed by the authority,…
- § 66540.44 The authority may levy special benefit assessments consistent with the requirements of Article XIIID of the California Constitution for operating expenses and…
- § 66540.45 The authority may borrow money in accordance with Article 7 (commencing with Section 53820) of, Article 7.6 (commencing with Section 53850) of, or Article 7.7…
- § 66540.46 (a) The authority may borrow money in anticipation of the sale of any bonds that have been authorized to be issued, but have not been sold and delivered, and…
- § 66540.47 The authority may bring an action to determine the validity of any of its bonds, equipment trust certificates, warrants, notes, or other evidences of…
- § 66540.48 (a) Notwithstanding any other provisions of this title or any other law, the provisions of all ordinances, resolutions, and other proceedings in the issuance…
- § 66540.49 The authority may apply for and receive grants from any and all state and federal agencies.
- § 66540.50 The authority may deposit or invest any moneys of the authority in banks or financial institutions in the state in accordance with state law.
- § 66540.51 The authority may insure against any accident to or destruction of the public transportation ferry system or any part thereof.
- § 66540.52 The authority may insure against loss of revenues from any cause whatsoever.
- § 66540.53 The authority may insure against public liability or property damage, or both. It may provide in the proceedings authorizing the issuance of any bonds for the…
- § 66540.54 (a) The authority shall maintain accounting records and shall report accounting transactions in accordance with generally accepted accounting principles as…