reglab/housing_qa huggingface dataset:
CA Pub Util Code § 30913 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 1 - Authorization and Issuance of Bonds|Section 30913.

30913.  Any bonds which shall be issued under the provisions of this article shall be legal investment for all trust funds; for the funds of insurance companies, banks—both commercial and savings—and trust companies; and for state school funds; and whenever any money or funds may, by any law now or hereafter enacted, be invested in bonds of cities, cities and counties, counties, school districts, or other districts within the State of California, such money or funds may be invested in the bonds issued under this part, and whenever bonds of cities, cities and counties, counties, school districts, or other districts within this State may, by any law now or hereafter enacted, be used as security for the performance of any act or the deposit of any public moneys, the said bonds issued under this part may be so used. The provisions of this article shall be in addition to all other laws relating to legal investments and shall be controlling as the latest expression of the Legislature with respect thereto.(Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)
CA Pub Util Code § 30930 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 2 - Revenue Bonds|Section 30930.

30930.  Whenever the board deems it necessary for the district to incur a revenue bonded indebtedness for the acquisition, construction, development, joint development, operation, maintenance, completion, or repair of any or all improvements, works, property, or facilities authorized by this part or necessary or convenient for the carrying out of the powers of the district, or for any other purpose authorized by this part, including, without limitation, the refunding referred to in Chapter 8 (commencing with Section 31000), the board shall provide for the issuance of the revenue bonds in accordance with the Revenue Bond Law of 1941 (Chapter 6 (commencing with Section 54300) of Part 1 of Division 2 of Title 5 of the Government Code), as it now exists or may hereafter be amended; except that, (a) if the board provides for the issuance of the revenue bonds by ordinance adopted by a vote of two-thirds of all the members of the board, which ordinance shall be subject to referendum, and (b) no election is required by Section 30932, no election need be called or held for the purpose of authorizing the issuance of the revenue bonds.Revenue bonds may include one or more purposes; and the purposes for which revenue bonds may be issued may include, without limitation, all costs and estimated costs incidental to, or connected with, the accomplishment of that purpose, or purposes, including, without limitation, engineering, inspection, legal, fiscal agents, financial consultant, and other fees, bond and other reserve funds, working capital, bond interest estimated to accrue during the construction period and for a period not to exceed three years thereafter, and expenses of all proceedings for the authorization, issuance, and sale of the bonds.(Amended by Stats. 1983, Ch. 497, Sec. 20.)
CA Pub Util Code § 30931 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 2 - Revenue Bonds|Section 30931.

30931.  The district is hereby declared to be a local agency within the meaning of the Revenue Bond Law of 1941. The term “enterprise” as used in the Revenue Bond Law of 1941 shall for all purposes of this part include any or all improvements, works, property or facilities, authorized by this part or necessary or convenient for the carrying out of the powers of the district.(Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)
CA Pub Util Code § 30932 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 2 - Revenue Bonds|Section 30932.

30932.  Revenue bonds issued under the provisions of this Article 2 shall be subject to the priorities set forth in Section 30638. Revenue bonds shall have a priority as to the use of revenues superior to that of any bonds for improvement districts issued under Article 5 of this chapter. Revenue bonds having a priority as to the use of revenues superior to that of any bonds issued under Article 1 of this chapter may be issued if the proposition for the issuance of such revenue bonds with such priority shall have been submitted by the board by the same vote required under Article 1 and approved by the electors by the same vote required under Article 1.(Amended by Stats. 1967, Ch. 1215.)
CA Pub Util Code § 30940 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 3 - Equipment Trust Certificates|Section 30940.

30940.  The district shall have power to purchase equipment such as cars, trolley buses and motorbuses, rolling equipment, and may execute agreements, leases and equipment trust certificates in the forms customarily used by private corporations engaged in the rapid transit business appropriate to effect such purchase and leasing of rolling equipment and may dispose of such equipment trust certificates upon such terms and conditions as the board may deem appropriate. All money required to be paid by the district under the provisions of such agreements, leases and equipment trust certificates shall be payable solely from the revenue or income to be derived from the transportation system and from grants or loans, or both, as provided in Sections 30701, 30702, and 30703 of this part. Payment for such equipment, or rentals therefor, may be made in installments, and the deferred installments may be evidenced by equipment trust certificates payable solely from such revenue, income, grants, or loans, and title to such equipment shall not vest in the district until the equipment trust certificates are paid.(Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)
CA Pub Util Code § 30941 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 3 - Equipment Trust Certificates|Section 30941.

30941.  The agreement to purchase or lease may direct the vendor or lessor to sell and assign or lease the rolling equipment to a bank or trust company duly authorized to transact business in the State of California as trustee, lessor or vendor for the benefit and security of the equipment trust certificates and may direct such trustee to deliver the rolling equipment to one or more designated officers of the district and may authorize the district to simultaneously therewith execute and deliver an installment purchase agreement or a lease of the equipment to the district.(Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)
CA Pub Util Code § 30942 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 3 - Equipment Trust Certificates|Section 30942.

30942.  The agreements and leases shall be duly acknowledged before some person authorized by law to take acknowledgments of deeds and in the form required for acknowledgment of deeds and such agreements, leases, and equipment trust certificates shall be authorized by resolution of the district and shall contain such covenants, conditions and provisions which may be deemed necessary or appropriate to insure the payment of the equipment trust certificates from such revenue, income, grants or loans.(Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)
CA Pub Util Code § 30943 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 3 - Equipment Trust Certificates|Section 30943.

30943.  The covenants, conditions and provisions of the agreements, leases, and equipment trust certificates shall not conflict with any of the provisions of any agreement securing the payment of bonds, notes or certificates of the district.(Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)
CA Pub Util Code § 30950 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 4 - Temporary Borrowing|Section 30950.

30950.  Prior to the time moneys authorized by special taxes under Part 16 (commencing with Section 36000) of Division 2 of the Revenue and Taxation Code and already levied by the county are available or funds are allocated to the district under said part or other state or federal laws, the district may borrow money to provide funds for the purposes provided in Section 30636 of this code, and for the expenses of the calling, giving notice of, holding and conducting of any bond election under this part.The amount to be borrowed pursuant to this section shall be evidenced by notes bearing interest at a rate of not to exceed 6 percent per annum, payable annually or semiannually, maturing not more than two years from their date and subject to call and redemption at the option of the district at any time prior to their stated maturity dates on the terms and conditions specified by the board and stated in the notes. The amount to be borrowed pursuant to this section (including both the principal of and interest to maturity on the notes evidencing such borrowing) shall not exceed eighty-five percent (85%) of the special tax or said other moneys to be used to repay said notes and interest thereon and to be received by the district between the date of borrowing and the final maturity date of the notes, as estimated by the auditor at the time of the borrowing. The notes shall be payable only from special taxes authorized under Part 16 (commencing with Section 36000) of Division 2 of the Revenue and Taxation Code and already levied by the county, or from other moneys allocated under state laws other than this part, or federal laws. The form of the notes and the provisions of the resolution or resolutions of the board providing for their issuance and sale shall be governed by the applicable provisions of this article.(Repealed and added by Stats. 1966, 1st Ex. Sess., Ch. 90.)
CA Pub Util Code § 30951 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 4 - Temporary Borrowing|Section 30951.

30951.  The district may borrow money in anticipation of the sale of bonds which have been authorized to be issued, but which have not been sold and delivered, and may issue negotiable bond anticipation notes therefor for the same purposes and may renew the same from time to time, but the maximum maturity of any such notes, including the renewals thereof, shall not exceed five years from the date of delivery of such original notes. Such notes shall be paid from any moneys of the district from which said bonds would be payable. If not so paid the notes shall be paid from the proceeds of the next sale of the bonds of the district in anticipation of which they were issued, and if said bonds are not issued, then taxes may be levied for their payment in the same manner as taxes are levied for said bonds. Such notes shall not be issued in an amount in excess of the aggregate amount of authorized bonds of the district remaining, less the amount of bond anticipation notes outstanding. Such notes shall be in such form as the board of directors of the district may select and may include any applicable provisions of the bonds in anticipation of which they were issued. The notes may be sold as the board of directors of the district determines by resolution but not for less than par. Before selling the notes or any part thereof the board of directors shall give notice inviting sealed bids in such manner as it may prescribe. If satisfactory bids are received the notes offered for sale shall be awarded to the highest responsible bidder. If no bids are received or if the board of directors determines that the bids received are not satisfactory as to price or responsibility of the bidders, the board of directors may reject all bids received, if any, and readvertise for sealed bids.(Added by Stats. 1966, 1st Ex. Sess., Ch. 90.)
CA Pub Util Code § 30952 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 4 - Temporary Borrowing|Section 30952.

30952.  (a) Notwithstanding any provision of Article 7.7 (commencing with Section 53859) of Chapter 4 of Part 1 of Division 2 of Title 5 of the Government Code, the district may borrow money for the purchase of buses and rolling stock, or transportation facilities, or for capital improvement, by the issuance of grant anticipation notes issued pursuant to that article that are payable on the basis of any of the following:(1) From appropriated state funds.(2) From other funds committed, but not appropriated, and evidenced by an appropriate document of intent.(3) On specific dates or events and evidenced by an appropriate document of intent.(b) In addition to the grant money that may be pledged for the payment of the notes pursuant to Section 53859.06 of the Government Code, the district may pledge as security, on terms that it deems appropriate, the buses, rolling stock, or other transportation facilities acquired with the proceeds of the notes.(Amended by Stats. 1984, Ch. 153, Sec. 2.)
CA Pub Util Code § 30961 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Improvement Districts|Section 30961.

30961.  Notice of said hearing shall be given by publishing a copy of the resolution declaring the necessity pursuant to Section 6066 of the Government Code prior to the time fixed for the hearing in at least one newspaper published in the district.(Added by Stats. 1964, 1st Ex. Sess., Ch. 62.)
CA Pub Util Code § 30962 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Improvement Districts|Section 30962.

30962.  At the time and place so fixed, or at any time and place to which the hearing is adjourned, the board shall proceed with the hearing. At the hearing, any person interested, including any person owning property within the district or within the proposed improvement district or districts, may appear and present any matters material to the questions set forth in the resolution declaring the necessity.(Amended by Stats. 1983, Ch. 497, Sec. 22.)
CA Pub Util Code § 30963 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Improvement Districts|Section 30963.

30963.  The board may change the purposes for which the proposed debt is to be incurred, or the estimated cost, or the amount of bonded debt to be incurred, or the boundaries of the proposed improvement district or districts, or one or all of those matters. However, the board shall not change the boundaries so as to include any territory which will not, in its judgment, be benefited by the improvement.(Amended by Stats. 1983, Ch. 497, Sec. 23.)
CA Pub Util Code § 30964 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Improvement Districts|Section 30964.

30964.  The purposes, estimated cost, amount of bonded debt, or boundaries shall not be changed by the board except after notice of its intention to do so, given by publication pursuant to Section 6061 of the Government Code in at least one newspaper published in the district. The notice shall state the changed purposes and the estimated cost and debt proposed and that the exterior boundaries as proposed to be changed are set forth on a map on file with the secretary of the district, which map shall govern for all details as to the extent of the proposed improvement district or districts, and specify the time and place for hearing on the change or changes, which time shall be at least 10 days after the publication of the notice.(Amended by Stats. 1983, Ch. 497, Sec. 24.)
CA Pub Util Code § 30965 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Improvement Districts|Section 30965.

30965.  At the time and place so fixed, or at any time and place to which the hearing is adjourned, the board shall proceed with the hearing. At the hearing, any person interested, including any person owning property within the district or the proposed improvement district or districts, may appear and present any matters material to the changes stated in the notice.(Amended by Stats. 1983, Ch. 497, Sec. 25.)
CA Pub Util Code § 30966 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Improvement Districts|Section 30966.

30966.  At the conclusion of the hearing, the board shall, by resolution, determine whether it is deemed necessary to incur the bonded indebtedness, and, if so, the resolution shall also state the purposes for which the proposed debt is to be incurred, the estimated cost of accomplishing those purposes, the amount of the proposed debt, that the exterior boundaries of the portion or portions of the district which will be benefited are set forth on a map on file with the secretary of the district, which map shall govern for all details as to the extent of the improvement district or districts, and that each portion or portions of the district set forth on the map shall thereupon constitute and be known as “Improvement District No. ____ of the Southern California Rapid Transit District,” and the determinations made in the resolution shall be final and conclusive.(Amended by Stats. 1983, Ch. 497, Sec. 26.)
CA Pub Util Code § 30967 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Improvement Districts|Section 30967.

30967.  After the formation of the improvement district or districts within the district pursuant to this article, all proceedings for the authorization and issuance of bonds of the district for the improvement district or districts shall be limited and shall apply only to the improvement district or districts; and taxes for the payment of those bonds and the interest thereon shall be levied exclusively upon the taxable property in the improvement district or districts; and the revenues of the district shall be used only to the extent set forth in the resolution declaring the necessity.(Amended by Stats. 1983, Ch. 497, Sec. 27.)
CA Pub Util Code § 30968 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Improvement Districts|Section 30968.

30968.  After the board has made its determination of the matters required to be determined by resolution pursuant to Section 30966, and if the board deems it necessary to incur the bonded indebtedness, the board shall, by a further resolution, call a special election in the improvement district or districts for the purpose of submitting to the qualified voters thereof the proposition of incurring indebtedness by the issuance of bonds of the district for the improvement district or districts. The resolution shall state all of the following:(a) That the board deems it necessary to incur the bonded indebtedness.(b) The purposes for which the bonded indebtedness will be incurred.(c) The estimated cost of accomplishing those purposes.(d) The amount of the principal of the indebtedness to be incurred.(e) The improvement district or districts to be benefited by those indebtedness, as set forth in the resolution making determinations, and that a map showing the exterior boundaries of the improvement district or districts is on file with the secretary of the district, which map shall govern for all details as to the extent of the improvement district or districts.(f) That taxes for the payment of those bonds and the interest thereon shall be levied exclusively upon the taxable property in the improvement district or districts; and that revenues of the district shall be used only to the extent set forth in the resolution declaring the necessity.(g) The maximum term the bonds proposed to be issued shall run before maturity, which shall not exceed 50 years from the date thereof or the date of each series thereof.(h) The maximum rate of interest to be paid, which shall not exceed the maximum rate allowed by law.(i) The proposition to be submitted to the voters which may include one or more purposes.(j) The date of the election.(k) The manner of holding the election and the procedure for voting for and against the measure.(Amended by Stats. 1983, Ch. 497, Sec. 28.)
CA Pub Util Code § 30969 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Improvement Districts|Section 30969.

30969.  Thereafter the provisions relating to the authorization and issuance of bonds, Sections 30901 to 30914, inclusive, shall apply.(Amended by Stats. 1967, Ch. 1215.)
CA Pub Util Code § 30970 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Improvement Districts|Section 30970.

30970.  Any action or proceeding, wherein the validity of the formation of the improvement district or districts or of any bonds or of the proceedings in relation thereto is contested, questioned, or denied, shall be commenced within three months from the date of the election; otherwise, the bonds and all proceedings in relation thereto, including the formation of the improvement district or districts, is valid and in every respect legal and incontestable.(Amended by Stats. 1983, Ch. 497, Sec. 29.)
CA Pub Util Code § 30980 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 3 - SOUTHERN CALIFORNIA RAPID TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 6 - Miscellaneous|Section 30980.

30980.  The district may bring an action to determine the validity of any of its bonds, equipment trust certificates, warrants, notes, or other evidences of indebtedness pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure.(Amended by Stats. 1984, Ch. 144, Sec. 187.)