CHAPTER 7. Exposition Metro Line Construction Authority [132600. - 132650.]

Chapter 7 added by Stats. 2003, Ch. 827, Sec. 1.

§§ 132600–132650 · 10 sections

• § 132600 For purposes of this chapter, the following terms have the following meanings: (a) The “authority” is the Exposition Metro Line Construction Authority created…
• § 132605 The authority is hereby created for the purpose of awarding and overseeing final design and construction contracts for completion of the project.
• § 132610 (a) The authority has all of the powers necessary for planning, acquiring, leasing, developing, jointly developing, owning, controlling, using, jointly using,…
• § 132615 (a) The authority shall be governed by a board consisting of seven voting members who shall be appointed as follows: (1) Two members shall be appointed by the…
• § 132620 (a) The board may appoint an executive director to serve at the pleasure of the authority. (b) The executive director is exempt from all civil service…
• § 132625 The LACMTA shall identify and expeditiously enter into an agreement or agreements with the authority to do all of the following: (a) Hold in trust with the…
• § 132635 The authority shall enter into a memorandum of understanding with the LACMTA that shall specifically address the ability of the LACMTA to review any…
• § 132640 The authority shall not encumber any future farebox revenue anticipated from the operation of the project.
• § 132645 The authority shall not encumber the project with any obligation that is transferable to the LACMTA upon completion of the design and construction of the…
• § 132650 The authority shall be dissolved upon completion of construction of the light rail project. The LACMTA shall assume responsibility for operating the project…