ARTICLE 2. High-Speed Passenger Train Financing Program [2704.04. - 2704.095.]

Article 2 added by Stats. 2008, Ch. 267, Sec. 9.

§§ 2704.04–2704.095 · 7 sections

• § 2704.04 (a) It is the intent of the Legislature by enacting this chapter and of the people of California by approving the bond measure pursuant to this chapter to…
• § 2704.05 Subject to Section 2704.18, the proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the High-Speed Passenger Train Bond Fund,…
• § 2704.06 The net proceeds received from the sale of nine billion dollars ($9,000,000,000) principal amount of bonds authorized pursuant to this chapter, upon…
• § 2704.07 The authority shall pursue and obtain other private and public funds, including, but not limited to, federal funds, funds from revenue bonds, and local funds,…
• § 2704.08 (a) Proceeds of bonds described in paragraph (1) of subdivision (b) of Section 2704.04 shall not be used for more than 50 percent of the total cost of…
• § 2704.09 The high-speed train system to be constructed pursuant to this chapter shall be designed to achieve the following characteristics: (a) Electric trains that are…
• § 2704.095 (a) (1) Net proceeds received from the sale of nine hundred fifty million dollars ($950,000,000) principal amount of bonds authorized by this chapter shall be…