reglab/statecodes huggingface dataset:
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 6 - Powers and Functions of District › ARTICLE 8 - Taxation › Section 96221.

96221. If, in the opinion of the board, the transit operation revenues will not be sufficient for any and all lawful purposes the board shall levy a tax for such purpose or purposes and fix the amount of money necessary to be raised therefor by taxation.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 6 - Powers and Functions of District › ARTICLE 8 - Taxation › Section 96222.

96222. The board shall, in addition to the general tax levy as set forth in Section 96220, levy and collect annually until the district’s bonds are paid, or until there is a sum in the treasury of the district set apart for that purpose to meet all sums coming due for principal and interest on the bonds as they become due a tax sufficient to pay the annual interest on the bonds and such part of the principal thereof as becomes due before the proceeds of a tax levied at the next general tax levy will be available. If the maturity of the indebtedness created by the issue of bonds begins more than one year after the date of the issuance thereof, the tax shall be levied and collected annually at the time and in the manner aforesaid, sufficient to pay the interest on the indebtedness as it falls due and to constitute a sinking fund for the payment of the principal on or before maturity.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 6 - Powers and Functions of District › ARTICLE 8 - Taxation › Section 96223.

96223. The board may provide for the assessment, levy, and collection of taxes by the district, including the sale of property to the district for delinquent taxes, with penalties, interest, and cost.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 6 - Powers and Functions of District › ARTICLE 8 - Taxation › Section 96224.

96224. The board shall avail itself of the assessments made by the assessor of the county and of the assessments made by the State Board of Equalization for the county and shall take such assessments as the basis for district taxation and have its taxes collected by the tax collector of the county.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 6 - Powers and Functions of District › ARTICLE 8 - Taxation › Section 96225.

96225. In such case the county auditor shall, on or before the third Monday in August of each year, transmit to the board a statement in writing showing the total value of all property within the district, ascertained from the assessments referred to in Section 96224 as equalized.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 6 - Powers and Functions of District › ARTICLE 8 - Taxation › Section 96226.

96226. The board shall, on or before the first day in September, fix the rate of taxes, designating the number of cents upon each hundred dollars, using as a basis the value of property transmitted to the board by the county auditor, which rate of taxation shall be sufficient to raise the amount previously fixed by the board. These acts by the board shall constitute a valid assessment of the property and a valid levy of the taxes so fixed, but the rate of taxation shall not exceed the limit imposed by this article.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 6 - Powers and Functions of District › ARTICLE 8 - Taxation › Section 96227.

96227. The board shall immediately after fixing the rate of taxes as above provided transmit to the county auditor of the county a statement of the rate of taxes fixed by the board.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 6 - Powers and Functions of District › ARTICLE 8 - Taxation › Section 96228.

96228. The district’s taxes so levied shall be collected at the same time and in the same manner as county taxes. When collected the net amount, ascertained as provided in this article, shall be paid to the treasurer of the district, under the general requirements and penalties provided by law for the settlement of other taxes.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 6 - Powers and Functions of District › ARTICLE 8 - Taxation › Section 96229.

96229. Whenever any real property has been sold for taxes and has been redeemed, the money paid for redemption shall be apportioned and paid to the district by the county treasurer in the proportion which the tax due to the district bears to the total tax for which the property was sold.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 6 - Powers and Functions of District › ARTICLE 8 - Taxation › Section 96230.

96230. The compensation to be charged by and paid to any county for the performance of services under this article shall be fixed by agreement between the board of supervisors of the county and the board. The compensation shall in no event exceed one-half of 1 percent of all money collected for the district. The compensation collected by the county shall be placed to the credit of the county general fund.
All taxes levied under this part are a lien on the property on which they are levied and shall become a lien at the same time as county taxes. The enforcement of the collection of such taxes shall be in the same manner and by the same means provided by law for the enforcement of liens for county taxes, all the provisions of law relating to the enforcement of the latter being made a part of this part so far as applicable.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96400.

96400. The district may from time to time incur a bonded indebtedness as provided in this chapter to pay the cost of acquiring, constructing, or completing the whole or any portion of any transit facilities, or for acquiring any works, lands, structures, rights, equipment, or other property necessary or convenient to carry out the objects, purposes, or powers of the district.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96401.

96401. Whenever the board by resolution passed by vote of two-thirds of all its members determines that the public interest or necessity demands the acquisition, construction, or completion by the district of any transit facilities or any works, lands, structures, rights, equipment, or other property necessary or convenient to carry out the objects, purposes, or powers of the district, the cost of which will be too great to be paid out of the ordinary annual income and revenue of the district, it may at any subsequent meeting of the board provide by ordinance for the submission of the proposition of incurring a bonded indebtedness for the purpose set forth in the resolution to the voters of the district at a special bond election held for that purpose.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96402.

96402. In lieu of a resolution passed by the board, proceedings for the issuance of bonds for the purposes provided in this chapter may be initiated by petition of the voters of the district.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96403.

96403. Whenever any petition signed by voters within the district equal in number to at least 15 percent of the total vote cast at the last general statewide election is presented to the board asking for the acquisition, construction, or completion of the whole or any portion of any transit facilities or for acquiring any works, lands, structures, rights, equipment, or other property necessary or convenient to carry out the objects, purposes, or powers of the district, and also asking that a bonded indebtedness be incurred to pay for the cost thereof, the secretary of the district shall immediately examine and verify the signatures of the petition and certify the result of the examination to the board.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96404.

96404. If the required number of signatures is found to be genuine, the secretary shall transmit to the board an authentic copy of the petition without the signatures.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96405.

96405. Upon receiving a petition with the certificate of the secretary stating that it contains the required number of signatures, the board shall formulate for submission to the voters of the district at a special bond election called for that purpose the proposition of incurring a bonded indebtedness for the purposes set forth in the petition. In its discretion the board may defer the calling of the election until the next general election to be held in the district in order to consolidate them.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96406.

96406. The ordinance calling a special bond election shall fix the date on which the election will be held, and the manner of holding the election and of voting for or against incurring the indebtedness. It shall also recite the objects and purposes for which the indebtedness is proposed to be incurred, the estimated cost of the transit facilities, works, lands, structures, rights, equipment, or other property proposed to be acquired, constructed, or completed, the amount of the principal of the indebtedness to be incurred therefor, and the maximum rate of interest to be paid on the indebtedness, which shall not exceed 6 percent per annum, payable semiannually or annually the first year and thereafter semiannually.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96407.

96407. Propositions for incurring indebtedness for more than one object or purpose may be submitted at the same election.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96408.

96408. Any special bond election may be held separately, or may be consolidated with any other election authorized by law at which the voters of the district may vote. If a special bond election is consolidated with any other election, the provisions of this chapter setting forth the procedure for the calling and holding of the special bond election shall be complied with, except that the ordinance calling the election need not set forth the election precincts, polling places, and officers of election, but may provide that the precincts, polling places, and officers of election shall be the same as those set forth in the ordinance, notice, or other proceedings calling the election with which the special bond election is consolidated, and shall refer to the ordinance, notice, or other proceedings by number and title, or by other definite description.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96409.

96409. The ordinance shall be published, and no other notice of election need be given.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96410.

96410. The board shall comply with Article 3, (commencing with Section 9160) of Chapter 2 of Division 9 of the Elections Code, the provisions of which are applicable to any bond election held pursuant to this article. Wherever the words “county clerk” or “county elections official” appear in the Elections Code the words “secretary of the board” shall be substituted, for the purposes of this article, and wherever the words “board of supervisors” appear in the Elections Code, the words “board of directors” shall be substituted, and wherever the words “district attorney or county counsel” appear in the Elections Code, the words “attorney for the district” shall be substituted.
(Amended by Stats. 1994, Ch. 923, Sec. 205. Effective January 1, 1995.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96411.

96411. The votes of two-thirds (
2
/
3
) of all the voters voting on the proposition at the election are required to authorize the issuance of bonds under this chapter.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 1 - Issuance › Section 96412.

96412. If the proposition submitted at a special bond election fails to receive the requisite number of votes, the board shall not within six months after the election hold another special election for the submission of a proposition of incurring a bonded indebtedness substantially the same as the proposition voted upon at the prior election unless a petition signed by voters within the district equal in number to at least 15 percent of the total vote cast at the last general statewide election is filed with the board, requesting that the proposition, or a proposition substantially the same, be submitted at an election to be called for that purpose.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 2 - Form and Content › Section 96440.

96440. Bonds authorized by this chapter shall mature serially in amounts to be fixed by the board; except that payment shall begin not later than 10 years from the date thereof and shall be completed in not more than 50 years from that date.
The board may divide any issue of bonds authorized pursuant to this chapter into two or more series, and may fix different dates of issuance and different maturity dates for the bonds of each series. The bonds of each series shall mature serially in amounts to be fixed by the board, and the board shall fix a date not more than 10 years from the date of issuance of each series for the earliest maturity of such series, and shall fix a date not more than 50 years from the date of issuance of each series for the final maturity of such series.
Pending the actual issuance or delivery of bonds, a district may issue temporary or interim bonds, certificates, or receipts, of any denomination whatsoever, with or without coupon, and in such form as may be prescribed by the board, to be exchanged for definite bonds when ready for delivery.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 2 - Form and Content › Section 96441.

96441. The bonds shall be issued in such denominations as the board determines, except that no bonds shall be of a denomination less than one hundred dollars ($100), nor of a greater denomination than one thousand dollars ($1,000) or any multiple thereof, and shall be payable on the day and at the place or places fixed in the bonds, and with interest at the rate specified therein, payable semiannually.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 2 - Form and Content › Section 96442.

96442. The board may at any time prior to the issuance and sale of any bonds provide for the call and redemption of any or all of the bonds on any interest payment date prior to their fixed maturity at not exceeding the par value and accrued interest plus a premium of not exceeding 5 percent upon the principal amount of the bonds, in which event the call price fixed by the board shall be set forth on the face of the bond. Notice of such redemption shall be published. If there is no newspaper of general circulation printed and published within the district, then the publication shall be made in a newspaper of general circulation printed and published within the county in which the district or any part thereof is situated. The first publication shall be at least 30 days prior to the date fixed for the redemption. After the date fixed for such redemption interest on the bonds thereafter shall cease.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 2 - Form and Content › Section 96443.

96443. The bonds shall be signed by the president of the board or by such officer of the district as the board shall by resolution authorize and designate for that purpose. They shall also be signed by the treasurer, and be countersigned by the secretary. The coupons of the bonds shall be numbered consecutively and be signed by the treasurer. All signatures and countersignatures, except one of the signatures or countersignatures on the bonds, may be printed, lithographed, or engraved. If any officer whose signature or countersignature appears on the bonds or coupons ceases to be such officer before the delivery of the bonds to the purchaser, the signature or countersignature is nevertheless valid and sufficient for all purposes as if he had remained in office until the delivery of the bonds.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 3 - Issue and Sale › Section 96470.

96470. The bonds may be issued and sold for not less than their par value, but otherwise as the board determines. Before selling any bonds, or any part thereof, the board shall give notice inviting sealed bids in such manner as the board may prescribe. If satisfactory bids are received, the bonds offered for sale shall be awarded to the highest responsible bidder. If no bids are received, or if the board determines that the bids received are not satisfactory as to price or responsibility of the bidders, the board may reject all bids received, if any, and either again give notice inviting bids or sell the bonds at private sale.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 3 - Issue and Sale › Section 96471.

96471. All premiums and accrued interest 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. The remainder of the proceeds of the bonds shall be placed in the district treasury to the credit of the proper fund, and shall be used exclusively for the objects or purposes for which the bonds were voted; provided that when such objects and purposes have been accomplished any moneys remaining shall be transferred to the fund to be used for the payment of principal of and interest on the bonds, and that when all principal of and interest on the bonds shall have been paid, any balance of money then remaining shall be transferred to the general fund of the district.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 3 - Issue and Sale › Section 96472.

96472. In lieu of the immediate levy of a tax to pay the interest or any part thereof on any bonded indebtedness incurred in accordance with this division, the board may in the estimate of the amount of money necessary to be raised by the bonds include a sum sufficient to pay interest on all of the bonds or part thereof during the period of acquisition, construction, or completion, but for no period in excess of five years.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 4 - Refunding › Section 96500.

96500. Whenever the board by resolution passed by a vote of two-thirds of all its members determines that the refunding of the whole or any portion of the bonded indebtedness will be of advantage to the district the board may refund the bonded indebtedness or any portion thereof and issue refunding bonds of the district therefor.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 4 - Refunding › Section 96501.

96501. The issuance of refunding bonds shall not be construed as the incurring or increase of an indebtedness within the meaning of this act, and the approval of the voters is not required for the issuance of refunding bonds. The board may provide for the call and redemption of any or all of the bonds on any interest payment date prior to their fixed maturity in the ordinance authorizing the issuance of the refunding bonds.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 4 - Refunding › Section 96502.

96502. Except as otherwise provided, the provisions of this chapter shall substantially govern as to all matters pertaining to the issuance of refunding bonds, including and without limiting the generality of the foregoing, the form, execution, issuance, maturity, redemption, refunding, validation, the payment of interest from bond funds, and the status of the bonds as investments.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 4 - Refunding › Section 96503.

96503. Refunding bonds shall bear interest at a rate not exceeding the interest rate on the refunded bonds, but payment of the refunding bonds shall begin not later than one year from the date thereof and be completed in not more than 40 years from that date.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 4 - Refunding › Section 96504.

96504. The proceeds of the sale of refunding bonds shall be applied only to the purchase, or retirement at not more than par and accrued interest, or the call price, of the bonded indebtedness for which the refunding bonds were issued.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 4 - Refunding › Section 96505.

96505. In lieu of selling refunding bonds and using the proceeds to purchase or retire the bonds to be refunded, the board may exchange refunding bonds at not less than par and accrued interest for the bonds so refunded.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 4 - Refunding › Section 96506.

96506. Whenever outstanding bonds are refunded they shall be surrendered to the treasurer of the district, who shall cancel them by endorsing on their face the manner in which the refunding was effected (whether by exchange or purchase, and the amount for which so purchased, if any) and by perforating through each bond and each coupon attached thereto the word “canceled” together with the date of cancellation.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 5 - Status as Investments › Section 96530.

96530. All bonds including refunding bonds issued by a district are legal investments for all trust funds and for the funds of all insurance companies, banks, both commercial and savings, and trust companies, and for the State School Fund and for all sinking funds under the control of the State Treasurer. Whenever any money or funds may by law be invested in or loaned upon the security of bonds of cities, cities and counties, counties, or school districts, in the state, such money or funds may be invested in or loaned upon the security of the bonds of the district; and whenever bonds of cities, cities and counties, counties, or school districts by law may be used as security for the faithful performance or execution of any court or private trust or of any other act, bonds of the district may be so used.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 5 - Status as Investments › Section 96531.

96531. All bonds of the district, to the same extent as bonds of any other municipality, are legal for use by any state or national bank or banks in the state as security for the deposit of funds of the state or of any county, city and county, city, municipality, or other public or municipal corporation within the state.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 6 - Validation › Section 96560.

96560. An action to determine the validity of bonds, including refunding bonds, may be brought pursuant to Chapter 9 (commencing with Section 860) of Title 10 of Part 2 of the Code of Civil Procedure.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 7 - Revenue Bonds › Section 96590.

96590. As an alternative procedure for the raising of funds, the district may issue bonds, payable from revenues 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) of Part 1 of Division 2 of Title 5 of the Government Code), all of the provisions of which are applicable to the district.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 7 - Bonds › ARTICLE 7 - Revenue Bonds › Section 96591.

96591. The district is a local agency within the meaning of 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). The term “enterprise” as used in the Revenue Bond Law of 1941 shall, for all purposes of this part, include transit facilities and any and all parts thereof and all additions, extensions and improvements thereto and all other facilities authorized to be acquired, constructed or completed by the district. A district may issue revenue bonds under the Revenue Bond Law of 1941, for any one or more facilities or enterprises authorized to be acquired, constructed, or completed by a 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 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 facilities or works authorized hereunder, and all proceedings may be carried on simultaneously or, in the alternative, as the directors may determine.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 8 - Annexation › Section 96751.

96751. Whenever the board finds and determines that additional territory will be benefited by annexation to the district, it shall pass a resolution to that effect.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 8 - Annexation › Section 96752.

96752. The resolution shall be passed by a vote of two-thirds of the members of the board and be approved by the board of supervisors of the county in which the territory is situated.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 8 - Annexation › Section 96753.

96753. The resolution shall:
(a) Describe the boundaries of the territory proposed to be annexed.
(b) Designate the proposed annexation by an appropriate name.
(c) Declare that the area to be annexed to the district will be benefited by such annexation.
(d) Name the time and place for the hearing of objections by any person interested in the proposed annexation.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 8 - Annexation › Section 96754.

96754. The resolution, together with the names of the members of the board, voting for and against it shall be published pursuant to Section 6066 of the Government Code in a newspaper published in the territory proposed to be annexed, or if there is no such paper, then in some newspaper of general circulation, circulated in such territory.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 8 - Annexation › Section 96755.

96755. On the day fixed for hearing or any day to which the hearing is adjourned, the board shall hear and consider any objections presented to the annexation of the territory. After the hearing of objections, if it shall be determined by a vote of two-thirds of all the members of the board that the territory proposed to be annexed will be benefited by such annexation, the board shall proceed to fix and determine the boundaries of the territory to be annexed to the district.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 8 - Annexation › Section 96756.

96756. After making all necessary and proper changes in the boundaries, by a resolution passed by a vote of two-thirds of the members, the board shall order the annexation of the territory so described. The resolution, together with the names of the members of the board voting for and against the same shall be spread upon the minutes of the board.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 8 - Annexation › Section 96757.

96757. Whenever any territory is annexed to the district it shall thereupon become a part of the district subject to all the liabilities and entitled to all the benefits of the district.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 9 - Exclusion › Section 96900.

96900. Territory within the district may be detached from the district by a four-fifths vote of the board of directors.
(Amended by Stats. 1967, Ch. 595.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 9 - Exclusion › Section 96901.

96901. The detachment of territory from the district shall become effective upon giving of the notice required in Section 96902, provided that the detached territory shall not be relieved from liability for taxation for the payment of any bonded indebtedness existing at the time of detachment.
(Amended by Stats. 1967, Ch. 595.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 9 - Exclusion › Section 96902.

96902. Notice of detachment of territory from the district shall be given to each assessor whose roll is used for the tax levy made pursuant to this part and with the State Board of Equalization pursuant to Government Code Sections 54900 et seq.
(Amended by Stats. 1967, Ch. 595.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 10 - Dissolution › Section 97000.

97000. If the district operates no transit facilities, or its exterior boundaries become coincident with the boundaries of a single city, the board may call an election at any time for the purpose of submitting to the voters of the district the question of whether the district will be dissolved. Upon the filing with the secretary of the district of a petition signed by voters within the district equal in number to at least 25 percent of the total vote cast at the last general statewide election, asking that the question of dissolution of the district be submitted to the voters of the district, the board shall call such an election.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 10 - Dissolution › Section 97001.

97001. The election for the purpose of submitting to the voters of the district the question of whether or not the district shall be dissolved shall be held within 60 days next succeeding the date on which the petition is filed.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 10 - Dissolution › Section 97002.

97002. Notice of any election for dissolution, whether called because of the filing of a petition or ordered by the board without petition, shall be published. The date fixed for the election shall not be less than 30 days from the date of the first publication of the notice.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 10 - Dissolution › Section 97003.

97003. The ballots for the election shall contain substantially the instructions required to be printed on ballots for use at general state and county elections and in addition the following:
Shall the Santa Barbara Metropolitan Transit District be dissolved?
YES
NO
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 10 - Dissolution › Section 97004.

97004. The board shall canvass the vote. If a majority of the votes favor dissolution, the board shall by resolution dissolve the district.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 10 - Dissolution › Section 97005.

97005. The board shall file a certified copy of the resolution with the Secretary of State and for record in the office of the county recorder.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 10 - Dissolution › Section 97006.

97006. Upon dissolution the right, title, and interest to property owned or controlled by the district situated within the limits of any city vests absolutely in the city. If such property is situated outside the limits of a city, it vests in the county in which it is situated.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 9 - THE SANTA BARBARA METROPOLITAN TRANSIT DISTRICT › CHAPTER 10 - Dissolution › Section 97007.

97007. The board of supervisors is, ex officio, the governing body of any dissolved district. It may levy taxes and assessments and perform other acts necessary to wind up the district affairs and to raise money for the payment of outstanding indebtedness.
(Added by Stats. 1965, Ch. 1835.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 1 - General Provisions › ARTICLE 1 - Definitions › Section 98000.

98000. This part shall be known and cited as the “Santa Cruz Metropolitan Transit District Act of 1967.”
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 1 - General Provisions › ARTICLE 1 - Definitions › Section 98001.

98001. Unless the context otherwise requires, the provisions of this article govern the construction of this part.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 1 - General Provisions › ARTICLE 1 - Definitions › Section 98002.

98002. “District” means the Santa Cruz Metropolitan Transit District formed under this part.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 1 - General Provisions › ARTICLE 1 - Definitions › Section 98004.

98004. “Voter” means any elector who is registered under the Elections Code.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 1 - General Provisions › ARTICLE 1 - Definitions › Section 98005.

98005. “Transit” means the transportation of passengers only and their incidental baggage by means other than by chartered bus, sightseeing bus, or any other motor vehicle not on an individual fare-paying basis, and includes rapid transit. Nothing in this section shall be construed to prohibit the district from leasing its buses to private certified public carriers or to prohibit the district from providing schoolbus service for the transportation of pupils between their homes and schools.
(Amended by Stats. 2001, Ch. 597, Sec. 8. Effective January 1, 2002.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 1 - General Provisions › ARTICLE 1 - Definitions › Section 98006.

98006. “Transit works” or “transit facilities” means all real and personal property equipment, rights, or interests owned or to be acquired by the district for transit service.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 1 - General Provisions › ARTICLE 2 - General Provisions › Section 98010.

98010. It is necessary that a transit district be established in the Santa Cruz metropolitan area which includes the Cities of Santa Cruz and Capitola and adjacent unincorporated territory in order to remedy the public transit problem of the area. The geographic location of the city in relation to the adjacent unincorporated territory requiring transportation services makes it necessary to develop a single transit system to protect the public interest and welfare.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 1 - General Provisions › ARTICLE 2 - General Provisions › Section 98011.

98011. The Santa Cruz Metropolitan Transit System may be created as provided in this part and when so created may exercise the powers herein granted.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 1 - General Provisions › ARTICLE 2 - General Provisions › Section 98012.

98012. Except as otherwise provided in this part elections shall be held and conducted and the result ascertained, determined, and declared in all respects as nearly as practicable in conformity with the general election laws of the state.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 1 - General Provisions › ARTICLE 2 - General Provisions › Section 98013.

98013. Except as otherwise provided in this part all ordinances and notices which are required to be published shall be published within the district pursuant to Section 6066 of the Government Code.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 1 - General Provisions › ARTICLE 2 - General Provisions › Section 98014.

98014. Whenever the signature of any officer or employee of a district or of any member of the retirement board or of any officer or employee of the retirement system is authorized or required under the provisions of this part, except in the single instance provided in Section 98335, the signature may be made by the use of a plate bearing facsimiles of such signatures.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 2 - Formation of District › ARTICLE 1 - General Provisions › Section 98020.

98020. The County of Santa Cruz may organize and incorporate the Santa Cruz Metropolitan Transit District.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 2 - Formation of District › ARTICLE 1 - General Provisions › Section 98021.

98021. The request for the formation of the Santa Cruz Metropolitan Transit District may be made by resolution or by petition as set out in this chapter.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 2 - Formation of District › ARTICLE 1 - General Provisions › Section 98022.

98022. The district may include incorporated and unincorporated territory within the County of Santa Cruz.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 2 - Formation of District › ARTICLE 2 - Request by Resolution › Section 98030.

98030. The Board of Supervisors for the County of Santa Cruz, the Santa Cruz City Council and the Capitola City Council may pass a joint resolution, declaring that in their opinion, public interest or necessity demands the creation and maintenance of the Santa Cruz Metropolitan Transit District.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 2 - Formation of District › ARTICLE 2 - Request by Resolution › Section 98031.

98031. The resolution may state the transit facilities proposed to be first acquired, but failure to acquire such transit facilities shall not affect the validity of the district. The resolution shall set forth and describe the boundaries of the proposed district.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 2 - Formation of District › ARTICLE 2 - Request by Resolution › Section 98032.

98032. Certified copies of the resolution shall be presented to the Board of Supervisors of Santa Cruz County requesting the board of supervisors to call an election without delay for determining whether the district will be created.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 2 - Formation of District › ARTICLE 3 - Request by Petition › Section 98040.

98040. Instead of a resolution, a petition may be presented to the board of supervisors signed by voters within the proposed district equal in number to at least 25 percent of the total vote cast at the last general election.
(Added by Stats. 1967, Ch. 978.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 10 - SANTA CRUZ METROPOLITAN TRANSIT DISTRICT › CHAPTER 2 - Formation of District › ARTICLE 3 - Request by Petition › Section 98041.

98041. The petition shall contain substantially the same declarations and statements required to be contained in the resolution presented to the board of supervisors under this chapter, including the description of the boundaries, and declare that, in the opinion of the petitioners, public interest or necessity demands the creation and maintenance of the metropolitan transit district.
(Added by Stats. 1967, Ch. 978.)