reglab/housing_qa huggingface dataset:
CA Pub Util Code § 103507 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 1 - Authorization and Issuance of General Obligation Bonds|Section 103507.

103507.  All accrued interest and premiums received on the sale of bonds shall be placed in the fund to be used for the payment of principal of, and interest on, the bonds and the remainder of the proceeds of the bonds shall be placed in the treasury to the credit of the proper improvement fund and applied exclusively to the purposes for which the debt was incurred (which purposes shall be in conformity with an approved general transit plan or element thereof then in effect); provided, however, that when such purposes have been accomplished, any moneys remaining in such improvement fund (a) shall be transferred to the fund to be used for the payment of principal of, and interest on, the bonds, or (b) shall be placed in a fund to be used for the purchase of outstanding bonds of the district from time to time in the open market at such prices and in such manner, either at public or private sale or otherwise, as the board may determine. Bonds so purchased shall be canceled immediately.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103508 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 1 - Authorization and Issuance of General Obligation Bonds|Section 103508.

103508.  After the expiration of three years after a bond election, the board may determine, by ordinance adopted by a vote of two-thirds of all the members of the board, that any or all of the bonds authorized at the election remaining unsold shall not be issued or sold. When the ordinance takes effect, the authorization to issue those bonds shall become void.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103509 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 1 - Authorization and Issuance of General Obligation Bonds|Section 103509.

103509.  Whenever the board deems that the expenditure of money for the purposes for which the bonds were authorized by the voters is impractical or unwise, it may, by ordinance adopted by a vote of two-thirds of all members of the board, so declare and call an election to be held in the district for the purpose of submitting to the qualified voters thereof the proposition of incurring indebtedness by the issuance of such bonds for some other purposes or, in the case where bonds have been sold, the proposition to use the proceeds for some other purposes. The procedure, so far as applicable, shall be the same as when a bond proposition is originally submitted.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103510 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 1 - Authorization and Issuance of General Obligation Bonds|Section 103510.

103510.  The board may provide for the issuance, sale, or exchange of refunding bonds to redeem or retire any bonds issued by the district upon the terms, at the times and in the manner which it determines. Refunding bonds may be issued in a principal amount sufficient to pay all, or any part of, the principal of such outstanding bonds, the interest thereon and the premiums, if any, due upon call and redemption thereof prior to maturity, and all expenses of such refunding. The provisions of this article for the issuance and sale of bonds apply to the issuance and sale of such refunding bonds; except that (a) no election need be called or held for the purpose of authorizing the issuance of refunding bonds, and (b) when refunding bonds are to be exchanged for outstanding bonds the method of exchange shall be as determined by the board.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103511 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 1 - Authorization and Issuance of General Obligation Bonds|Section 103511.

103511.  The provisions of Article 4 (commencing with Section 53500), Chapter 3, Part 1, Division 2, Title 5 of the Government Code are applicable to the district.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103512 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 1 - Authorization and Issuance of General Obligation Bonds|Section 103512.

103512.  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 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. 1974, Ch. 502.)
CA Pub Util Code § 103513 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 1 - Authorization and Issuance of General Obligation Bonds|Section 103513.

103513.  If bonds are authorized that contain a provision for special taxes under subdivision (i) of Section 103500, the board may enter into such covenants as may be deemed proper to provide for issuance of additional parity bonds, the priority and pledge of special taxes and such other covenants as are customary or desirable in the issuance of any bonds payable out of special funds or necessary, convenient, or desirable to secure the bonds or tending to make them more marketable, subject to the provisions of the ordinance calling the bond election.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103530 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 2 - Revenue Bonds|Section 103530.

103530.  The district may issue bonds, payable from revenue of any facility or enterprise to be acquired or constructed by the district, in the manner provided by the Revenue Bond Law of 1941 (Chapter 6 (commencing with Section 54300), Part 1, Division 2, Title 5 of the Government Code) all of the provisions of which are applicable to the district.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103531 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 2 - Revenue Bonds|Section 103531.

103531.  The district is a local agency within the meaning of the Revenue Bond Law of 1941 (Chapter 6 (commencing with Section 54300), Part 1, Division 2, Title 5 of the Government Code). The term “enterprise” as used in the Revenue Bond Law of 1941 shall, for all purposes of this part, include the system or any or all transit facilities and all additions, extensions, and improvements thereto authorized to be acquired, constructed, or completed by the district. The district may issue revenue bonds under the Revenue Bond Law of 1941 for any one or more transit facilities authorized to be acquired, constructed, or completed by the district or, in the alternative, may issue revenue bonds under the Revenue Bond Law of 1941 for the acquisition, construction, and completion of any one of such transit facilities. Nothing in this article shall prevent the district from availing itself of, or making use of, any procedure provided in this part for the issuance of bonds of any type or character for any of the transit facilities authorized hereunder, and all proceedings may be carried on simultaneously or, in the alternative, as the board may determine.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103550 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 3 - Equipment Trust Certificates|Section 103550.

103550.  The district shall have power to purchase transit equipment such as cars, trolley buses and motorbuses, or rolling equipment, and may execute agreements, leases, and equipment trust certificates in the forms customarily used by private corporations engaged in the transit business appropriate to effect such purchase and leasing of transit equipment, and may dispose of such equipment trust certificates upon such terms and conditions as the board may deem appropriate. Payment for such equipment, or rentals therefor, may be made in installments, and the deferred installments may be evidenced by equipment trust certificates payable from any source or sources of funds specified in such certificates that are or will be legally available to the district; and title to such equipment shall not rest in the district until the equipment trust certificates are paid.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103551 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 3 - Equipment Trust Certificates|Section 103551.

103551.  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, 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. 1974, Ch. 502.)
CA Pub Util Code § 103552 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 3 - Equipment Trust Certificates|Section 103552.

103552.  The agreements and leases shall be duly acknowledged before a 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 legally available source or sources of funds specified in such certificates.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103553 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 3 - Equipment Trust Certificates|Section 103553.

103553.  The covenants, conditions, and provisions of the agreements, leases, and equipment trust certificates shall not conflict with any of the provisions of any trust agreement securing the payment of bonds, notes, or certificates of the district.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103554 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 3 - Equipment Trust Certificates|Section 103554.

103554.  An executed copy of each such agreement and lease shall be filed in the office of the Secretary of State, who shall be entitled to receive one dollar ($1) for each such copy filed with him and which filing shall constitute notice to any subsequent judgment creditor or any subsequent purchaser. Each vehicle so purchased or leased shall have the name of the owner or lessor plainly marked on both sides thereof followed by the appropriate words “Owner and Lessor” or “Owner and Vendor,” as the case may be.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103570 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 4 - Improvement Acts and Special Benefit Districts|Section 103570.

103570.  The Improvement Act of 1911, the Municipal Improvement Act of 1913, and the Improvement Bond Act of 1915 are applicable to the district.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103571 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 4 - Improvement Acts and Special Benefit Districts|Section 103571.

103571.  The provisions of Chapter 1 (commencing with Section 99000) of Part 11 of this division are applicable to the district.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103580 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Temporary Borrowing|Section 103580.

103580.  The district may borrow money for the purpose of defraying general administrative and preliminary expenses of the district, lawfully incurred, prior to the time moneys to be raised by the first tax levy for the district are available, a sum which shall not exceed five cents ($0.05) on each one hundred dollars ($100) of assessed valuation of taxable property in the district at the time the moneys are borrowed, and to evidence such borrowing by notes bearing interest at a rate not to exceed 7 percent per annum. The notes shall be payable from the first tax levy made by the district, and the tax levy shall contain a sum sufficient to provide for the payment of the notes and the interest thereon. The form of the notes, and their issuance and sale, shall be governed by the applicable provisions referred to in Section 103583.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103581 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Temporary Borrowing|Section 103581.

103581.  At any time prior to the first receipt by the district of revenues from taxation, the county may lend any available money to the district for the purposes of organization and operation. Such expenditures shall constitute a proper expenditure of county funds. Such loans may bear interest.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103582 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Temporary Borrowing|Section 103582.

103582.  The district may borrow money in accordance with the provisions of Article 7 (commencing with Section 53820), or of Article 7.6 (commencing with Section 53850), of Chapter 4, Part 1, Division 2, Title 5 of the Government Code.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103583 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 5 - Temporary Borrowing|Section 103583.

103583.  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 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 may be paid from any moneys of the district available therefor and not otherwise pledged. If not previously otherwise 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 not so paid, taxes may be levied for their payment in the same manner as taxes are levied for the payment of general obligation bonds pursuant to Article 9 (commencing with Section 103340) of Chapter 5 until such bonds are issued. Such notes shall not be issued in any amount in excess of the aggregate amount of bonds which the district has been authorized to issue, less the amount of any bonds of such authorized issue previously sold, and also less the amount of other bond anticipation notes therefor issued and then outstanding. The notes shall be issued and sold in the same manner as the bonds. Such notes and the resolution or resolutions authorizing the same may contain any provisions, conditions, or limitations which a resolution of the district authorizing the issuance of bonds may contain.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103600 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 6 - Miscellaneous|Section 103600.

103600.  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), Title 10, Part 2 of the Code of Civil Procedure.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103601 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 6 - Miscellaneous|Section 103601.

103601.  All bonds and other evidences of indebtedness issued by the district under the provisions of this part, and the interest thereon, are free and exempt from all taxation within the State of California, except for transfer, franchise, inheritance, and estate tax.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 103602 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 15 - SAN MATEO COUNTY TRANSIT DISTRICT|CHAPTER 7 - Bonds and Other Evidences of Indebtedness|ARTICLE 6 - Miscellaneous|Section 103602.

103602.  Notwithstanding any other provisions of this part or any other law, the provisions of all ordinances, resolutions, and other proceedings in the issuance by the district of any bonds, bonds with a pledge of revenues, bonds for improvement districts, revenue bonds, equipment trust certificates, notes, or any and all evidences of indebtedness or liability shall constitute a contract between the district and the holders of such bonds, equipment trust certificates, notes, or evidences of indebtedness or liability, and the provisions thereof shall be enforceable against the district, or any or all of its successors or assigns, by mandamus or any other appropriate suit, action or proceeding in law or in equity in any court of competent jurisdiction. Nothing contained in this part or in any other law shall be held to relieve the district or the territory included within it from any bonded or other debt or liability contracted by the district. Upon dissolution of the district or upon withdrawal of territory therefrom, the property formerly included within the district, or withdrawn therefrom, shall continue to be liable for the payment of all bonded and other indebtedness or liabilities outstanding at the time of such dissolution or withdrawal the same as if the district had not been so dissolved or the territory withdrawn therefrom, and it shall be the duty of the successors or assigns to provide for the payment of such bonded and other indebtedness and liabilities. Except as may be otherwise provided in the proceedings for the authorization, issuance, and sale of any revenue bonds, bonds secured by a pledge of revenues, or bonds for improvement districts secured by a pledge of revenues, revenues of any kind or nature derived from any revenue-producing improvements, works, facilities, or property owned, operated, or controlled by the district shall be pledged, charged, assigned and have a lien thereon for the payment of such bonds as long as the same are outstanding, regardless of any change in ownership, operation, or control of such revenue-producing improvements, works, facilities, or property and it shall, in such later event or events, be the duty of the successors or assigns to continue to maintain and operate such revenue-producing improvements, works, facilities, or property as long as bonds are outstanding.(Added by Stats. 1974, Ch. 502.)
CA Pub Util Code § 105020 (2021)
2021 California Code|Public Utilities Code - PUC|DIVISION 10 - TRANSIT DISTRICTS|PART 16 - SONOMA-MARIN AREA RAIL TRANSIT DISTRICT|CHAPTER 3 - Government of District|ARTICLE 1 - Board of Directors|Section 105020.

105020.  The government of the district shall be vested in a board of directors, which shall consist of 12 members, appointed as follows:(a) Two members of the Sonoma County Board of Supervisors, each of whom shall also serve on the Board of Directors of the Sonoma County Transportation Authority, appointed by the Sonoma County Board of Supervisors.(b) Two members of the Marin County Board of Supervisors, appointed by the Marin County Board of Supervisors.(c) Three members, each of whom shall be a mayor or council member of a city or town within the County of Sonoma, appointed by the Mayors’ and Councilmembers’ Association of Sonoma County or its successor, if the following conditions are met:(1) At least two members are also city representatives for the Sonoma County Transportation Authority.(2) All of the members are from cities on the rail line in Sonoma County.(3) No city has more than one member.(d) The member of the City Council of the City of Novato who also serves on the Marin County Congestion Management Agency, appointed by the Marin County Congestion Management Agency or its successor.(e) The member of the City Council of the City of San Rafael who also serves on the Marin County Congestion Management Agency, appointed by the Marin County Congestion Management Agency or its successor.(f) One member, who shall be a mayor or council member of a city or town within the County of Marin and a member of the Marin County Congestion Management Agency, appointed by the Marin County Council of Mayors and Councilmembers or its successor.(g) Two members of the Golden Gate Bridge, Highway and Transportation District, neither of whom shall be a member of the Marin or Sonoma County Boards of Supervisors, appointed by the Golden Gate Bridge, Highway and Transportation District or its successor.(Amended by Stats. 2020, Ch. 370, Sec. 258. (SB 1371) Effective January 1, 2021.)