reglab/statecodes huggingface dataset:
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 2 - Revenue Bonds › Section 100451.

100451. The VTA 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 the system or any or all transit facilities and all additions, extensions, and improvements thereto authorized to be acquired, constructed, or completed by the VTA. The VTA 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 VTA 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 those transit facilities. Nothing in this article shall prevent the VTA 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.
(Amended by Stats. 2016, Ch. 381, Sec. 94. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 3 - Equipment Trust Certificates › Section 100460.

100460. The VTA shall have power to purchase transit equipment such as cars, trolley buses, and motor buses, 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 the purchase and leasing of transit equipment and may dispose of the equipment trust certificates upon terms and conditions as the board may deem appropriate. Payment for the 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 certificates that are or will be legally available to the VTA. Title to the equipment shall not rest in the VTA until the equipment trust certificates are paid.
(Amended by Stats. 2016, Ch. 381, Sec. 95. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 3 - Equipment Trust Certificates › Section 100461.

100461. 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 the trustee to deliver the rolling equipment to one or more designated officers of the VTA and may authorize the VTA to execute and deliver simultaneously therewith an installment purchase agreement or a lease of the equipment to the VTA.
(Amended by Stats. 2016, Ch. 381, Sec. 96. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 3 - Equipment Trust Certificates › Section 100462.

100462. 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. These agreements, leases, and equipment trust certificates shall be authorized by resolution of the VTA and shall contain covenants, conditions, and provisions that may be deemed necessary or appropriate to ensure the payment of the equipment trust certificates from legally available sources of funds specified in the certificates.
(Amended by Stats. 2016, Ch. 381, Sec. 97. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 3 - Equipment Trust Certificates › Section 100463.

100463. 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 VTA.
(Amended by Stats. 2016, Ch. 381, Sec. 98. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 4 - Improvement Acts and Special Benefit Districts › Section 100470.

100470. The Improvement Act of 1911, the Municipal Improvement Act of 1913, and the Improvement Bond Act of 1915 are applicable to the VTA.
(Amended by Stats. 2016, Ch. 381, Sec. 99. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 4 - Improvement Acts and Special Benefit Districts › Section 100471.

100471. The provisions of Chapter 1 (commencing with Section 99000) of Part 11 of Division 10 of the Public Utilities Code are applicable to the VTA.
(Amended by Stats. 2016, Ch. 381, Sec. 100. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 5 - Temporary Borrowing › Section 100482.

100482. The VTA 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 of Part 1 of Division 2 of Title 5 of the Government Code.
(Amended by Stats. 2016, Ch. 381, Sec. 101. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 5 - Temporary Borrowing › Section 100483.

100483. The VTA may borrow money in anticipation of the sale of bonds that have been authorized to be issued, but 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 those notes, including the renewals thereof, shall not exceed five years from the date of delivery of the original notes. The notes may be paid from any moneys of the VTA 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 VTA in anticipation of which they were issued. The notes shall not be issued in any amount in excess of the aggregate amount of bonds that the VTA has been authorized to issue, less the amount of any bonds of that 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. The notes and the resolution or resolutions authorizing them may contain any provisions, conditions, or limitations that a resolution of the VTA authorizing the issuance of bonds may contain.
(Amended by Stats. 2016, Ch. 381, Sec. 102. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 6 - Miscellaneous › Section 100490.

100490. The VTA 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. 2016, Ch. 381, Sec. 103. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 6 - Miscellaneous › Section 100491.

100491. All bonds and other evidences of indebtedness issued by the VTA 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 taxes.
(Amended by Stats. 2016, Ch. 381, Sec. 104. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 7 - Bonds and Other Evidences of Indebtedness › ARTICLE 6 - Miscellaneous › Section 100492.

100492. 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 VTA 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 VTA and the holders of the bonds, equipment trust certificates, notes, or evidences of indebtedness or liability and the provisions thereof shall be enforceable against the VTA, 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 VTA or the territory included within it from any bonded or other debt or liability contracted by the VTA. Upon dissolution of the VTA or upon withdrawal of territory therefrom, the property formerly included within it or withdrawn therefrom shall continue to be liable for the payment of all bonded and other indebtedness or liabilities outstanding at the time of the dissolution or withdrawal the same as if the VTA 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 the 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 VTA shall be pledged, charged, assigned, and have a lien thereon for the payment of the bonds as long as they are outstanding, regardless of any change in ownership, operation, or control of the revenue-producing improvements, works, facilities, or property and it shall, in the later event or events, be the duty of the successors or assigns to continue to maintain and operate the revenue-producing improvements, works, facilities, or property as long as bonds are outstanding.
(Amended by Stats. 2016, Ch. 381, Sec. 105. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 8 - Dissolution › Section 100500.

100500. The VTA may be dissolved pursuant to the Cortese-Knox-Hertzberg Local Government Reorganization Act of 2000 (Division 3 (commencing with Section 56000) of Title 5 of the Government Code).
(Amended by Stats. 2016, Ch. 381, Sec. 106. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100600.

100600. The Legislature finds and declares that:
(a) It is necessary and in the best interest of the citizens of the state to authorize the VTA to levy special benefit assessments for needed public rail rapid transit facilities and services on the property that benefits from those facilities and services.
(b) The rail rapid transit facilities and services provide special benefits to parcels of land, and improvements thereon, in the vicinity of rail rapid transit stations, and provide general benefits to the community at large. The Board of Directors of the VTA shall be the conclusive judge of the proportion of special and general benefits produced by the facilities and of the distribution of the special benefits among parcels of property within the benefit assessment district.
(Amended by Stats. 2016, Ch. 381, Sec. 107. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100601.

100601. (a) Whenever the board finds that property adjacent to, or in the vicinity of, one or more rail transit stations, or proposed rail transit stations, of the VTA receives or will receive special benefit by reason of the location or operation of one or more of those rail transit stations, the board may, by resolution adopted by a two-thirds vote of its members, provide for notice and hearing on its intention to establish one or more special benefit districts and levy a special benefit assessment on real property therein for the purpose of financing, in whole or in part, the acquisition, construction, development, joint development, operation, maintenance, or repair of one or more rail transit stations and rail transit related facilities located within the benefit district.
(b) In connection with the levy of a special benefit assessment, the board shall comply with the notice, protest, and hearing procedures set forth in Section 53753 of the Government Code.
(c) The resolution may provide that the proposed benefit district will contain separate zones, which may consist of either contiguous or noncontiguous areas of land within the boundaries of the VTA. The proposed benefit district and each proposed zone, if any, therein shall be an area adjacent to, or in the vicinity of, one or more rail transit stations or proposed rail transit stations. The boundaries of the benefit district and of each zone, if any, therein shall be drawn so as to reflect, as accurately as possible, the areas in which special benefits are conferred by reason of the proximity and operation of one or more rail transit stations.
(d) A notice stating the time and place of the hearing, and setting forth the boundaries and purpose of the proposed benefit district, shall be published prior to the time fixed for the hearing pursuant to Section 6066 of the Government Code.
(e) For purposes of this chapter, “benefit district” means a special benefit assessment district established pursuant to this chapter, the area of which shall not lie more than one-half mile from the center point of any rail transit station or proposed rail transit station.
(f) For purposes of this chapter, “transit related facilities” means land, buildings, and equipment, or any interest therein, whether or not the operation thereof produces revenue, which has, as its primary purpose, the operation of the rail transit system or the providing of services to the passengers of the rail transit system, but does not mean any land, buildings, or equipment, or interest therein, which is used primarily for the production of revenue not arising from the operation of the rail transit system.
(Amended by Stats. 2016, Ch. 381, Sec. 108. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100601.5.

100601.5. (a) The resolution shall state, as appropriate, the maximum and minimum rate of assessment, the amount of the special benefit assessment and the purposes for which it is to be levied, the estimated cost of accomplishing the purposes, and the dates or approximate intervals at which the assessment shall be levied. The resolution shall also state that the exterior boundaries of the benefit district are set forth on a map on file with the secretary of the VTA, which map shall govern for all purposes as to the extent of the benefit district and zones, if any, therein and that the area set forth on the map shall thereupon constitute and be known as “Benefit District No. ____ of the Santa Clara Valley Transportation Authority,” or as “Benefit Zone ____ of the Benefit District No. ____ of the Santa Clara Valley Transportation Authority,” as designated by the board.
(b) A copy of the resolution shall be included with the notice given pursuant to Section 53753 of the Government Code.
(Amended by Stats. 2016, Ch. 381, Sec. 109. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100602.

100602. (a) In determining the amount of a special benefit assessment, the board shall measure the benefit to real property in the benefit district or zones therein according to the procedures and approval process set forth in Section 4 of Article XIII D of the California Constitution.
(b) The special benefit assessment constitutes a charge imposed on particular real property for a VTA project of direct benefit to that property, and does not constitute ad valorem taxes or any other form of general tax levy applying a given rate to the assessed valuation of all taxable property within the boundaries of the VTA.
(c) The VTA shall possess all powers necessary for, incidental to, or convenient for, the collection, enforcement, administration, or distribution of the special benefit assessment in accordance with California law.
(d) The revenue from a special benefit assessment, which is imposed pursuant to this chapter, or from bonds secured by the special benefit assessment, for the purpose of financing a rail transit station or rail transit related facility located within the benefit district, shall be used only for financing of the facility for which it was levied, and that revenue shall not be used for any other purpose or the payment of any other expense of the VTA, including, but not limited to, transit, transportation, or operating expense.
(Amended by Stats. 2016, Ch. 381, Sec. 110. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100602.4.

100602.4. (a) Where any parcel in the benefit district is owned in joint tenancy, tenancy in common, or any other multiple ownership, the owners of that parcel may designate in writing which one of the owners shall be deemed the owner of the parcel for purposes of submitting an assessment ballot pursuant to Section 53753 of the Government Code. In the absence of a designation, the provisions of paragraph (3) of subdivision (e) of Section 53753 of the Government Code shall apply.
(b) The legal representative of a corporation or an estate owning real property in the benefit district may act on behalf of the corporation or the estate.
(c) (1) For purposes of this chapter, “legal representative” means an official of a corporation owning real property in the benefit district.
(2) For purposes of this chapter, “legal representative” also means a guardian, conservator, executor, or administrator of the estate of the holder of title to real property in the benefit district who is all of the following:
(A) The person is appointed under the laws of this state.
(B) The person is entitled to the possession of the estate’s real property.
(C) The person is authorized by the appointing court to exercise the particular right, privilege, or immunity that he or she seeks to exercise.
(Amended by Stats. 2014, Ch. 71, Sec. 157. (SB 1304) Effective January 1, 2015.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100602.8.

100602.8. If there is no majority protest to the imposition of an assessment, the board may levy the assessment in accordance with the resolution adopted pursuant to Section 100601.
(Amended by Stats. 2004, Ch. 645, Sec. 9. Effective January 1, 2005.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100602.9.

100602.9. (a) Any owner or owners of real property, which is, in whole or in part, within the benefit district, or their legal representatives, may jointly or severally file with the board a petition requesting that the real property owned by them or for which they are the legal representative be excluded from the benefit district on the ground that the real property sought to be excluded is not benefited or that the assessment be reduced on the ground that the assessment exceeds the benefit to that real property.
(b) The real property sought to be excluded or upon which the assessment is sought to be reduced shall be described by its legal description and shall be accompanied by a map depicting its location in relation to the benefit district.
(c) The petition shall contain a statement of facts in support of the petition and shall be acknowledged by the owner or the legal representative filing the petition.
(Added by Stats. 2003, Ch. 727, Sec. 1. Effective January 1, 2004.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100602.10.

100602.10. Notice of each hearing upon the petition for exclusion or reduction shall be given in accordance with subdivision (d) of Section 100601. Notice shall also be mailed at least 30 days prior to the hearing to all record owners of each identified parcel within the boundaries of the benefit district or zone.
(Amended by Stats. 2004, Ch. 645, Sec. 10. Effective January 1, 2005.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100602.11.

100602.11. At the time and place provided in the notice or at any time and place to which the hearing is adjourned, the board or its appointed hearing officer shall hear all of the following:
(a) The petition for exclusion or reduction.
(b) All evidence or proofs that may be introduced by or on behalf of the petitioners.
(c) All objections to the petition that may be presented in writing by any person, including the VTA.
(d) All evidence or proofs that may be introduced in support of objections to the petition.
(Amended by Stats. 2016, Ch. 381, Sec. 111. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100602.12.

100602.12. The expenses of giving the notice provided for herein and of the hearing on the exclusion or reduction petition shall be paid by the persons filing the petition.
(Added by Stats. 2003, Ch. 727, Sec. 1. Effective January 1, 2004.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100602.13.

100602.13. Upon the hearing on an exclusion or reduction petition by the board, or upon the record of hearing by a hearing officer, the board shall order the petition be denied when the petitioner has not shown by a preponderance of the evidence that in an exclusion petition the real property is not benefited or in a reduction petition that the assessment exceeds the benefit to the property.
(Amended by Stats. 2004, Ch. 645, Sec. 11. Effective January 1, 2005.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100602.14.

100602.14. The board, after the hearing on an exclusion or reduction petition, shall order one of the following by resolution:
(a) In the case of an exclusion petition, order the exclusion of all or any part of the real property described in the petition upon its finding that the property will not be benefited by the operations of the VTA in the vicinity of the benefit district.
(b) In the case of a reduction petition, order a change in the benefit assessment to all or any portion of the real property described in the petition to provide that it not exceed the amount of benefit derived by the operations of the VTA in the vicinity of the benefit district.
(c) Confirm the assessment on the real property subject to the petition as correctly reflecting the amount of benefit to the real property.
(Amended by Stats. 2016, Ch. 381, Sec. 112. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100604.

100604. At the time and place fixed for the hearing on the issuance of bonds payable from special benefit assessments levied under this chapter, or at any time and place to which the hearing is adjourned, the board shall proceed with the hearing. Interested persons may appear at the hearing and present matters material to the questions set forth in the resolution. At the conclusion of the hearing on the proposed issuance of bonds, the board shall, by resolution adopted by a two-thirds vote of the members, determine whether to incur the bonded indebtedness.
The resolution shall state the amount of the proposed debt, the purposes for which it is to be incurred, and the estimated cost of accomplishing the purposes. The determinations made in the resolution are final and conclusive.
(Added by Stats. 2003, Ch. 727, Sec. 1. Effective January 1, 2004.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100605.

100605. (a) Special benefit assessments for the payment of the principal of, and interest on, bonds issued for a benefit district or zone shall be levied in the benefit district or zone at rates that are sufficient in the aggregate, together with revenues already collected and available, to pay the principal of, and interest on, all bonds the VTA issued for the benefit district or zone. Other revenues of the VTA shall be used for the payment of the principal of, and interest on, the bonds only to the extent set forth in any agreement of the VTA for the benefit of bondholders.
(b) Special benefit assessments in the benefit district and zones, if any, therein shall be calculated in accordance with the requirements set forth in Section 4 of Article XIII D of the California Constitution.
(Amended by Stats. 2016, Ch. 381, Sec. 114. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100606.

100606. (a) The bonds issued pursuant to this chapter shall bear interest at a rate or rates not exceeding 12 percent per annum, payable semiannually, except that the first interest payable on the bonds or any series thereof may be for any period not to exceed one year as determined by the board.
(b) In the resolution or resolutions providing for the issuance of bonds, the board may also provide for call and redemption of the bonds prior to maturity at times and prices and upon any other terms that it may specify. However, no bond is subject to call or redemption prior to maturity unless the bond contains a recital to that effect. The denomination or denominations of bonds shall be stated in the resolution providing for their issuance, but shall not be less than five thousand dollars ($5,000). The principal of, and interest on, the bonds shall be payable in lawful money of the United States at the office of the treasurer of the VTA or at any other place or places that may be designated by the board, or at either place or places at the option of the holders of the bonds. The bonds shall be dated, numbered consecutively, signed by the board chairperson and chief financial officer, and countersigned by the secretary and shall have the official seal of the VTA attached. The interest coupons of the bonds shall be signed by the chief financial officer. The seal and all signatures and countersignatures may be printed, lithographed, or mechanically reproduced, except that one signature or countersignature shall be manually affixed.
(c) If an officer, whose signature or countersignature appears on the bonds or coupons, leaves office for any reason prior to the delivery of the bonds, the officer’s signature is as effective as if the officer had remained in office.
(Amended by Stats. 2016, Ch. 381, Sec. 115. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100607.

100607. The bonds issued pursuant to this chapter may be sold as the board determines by resolution. The board may sell the bonds at a price below par.
If the board determines by resolution that the bonds shall be sold by competitive bid, the board, before selling the bonds, or any part thereof, shall give notice inviting sealed bids in the manner that it prescribes. If satisfactory bids are received, the bonds offered 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 readvertise or sell the bonds at private sale or by negotiation, or by other lawful means.
If the board determines by resolution that the bonds shall not be sold by competitive bid, the board may sell the bonds at public or private sale, by negotiation, or by other lawful means.
(Added by Stats. 2003, Ch. 727, Sec. 1. Effective January 1, 2004.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100608.

100608. Delivery of any bonds issued under this chapter may be made at any place either inside or outside the state, and the purchase price may be received in cash or bank credits.
(Added by Stats. 2003, Ch. 727, Sec. 1. Effective January 1, 2004.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100609.

100609. (a) All accrued interest and premiums received on the sale of bonds issued by the VTA pursuant to this chapter shall be placed in the fund to be used for the payment of principal of, and interest on, those bonds. The remainder of the proceeds received on the sale of the bonds shall be placed in the treasury to secure those bonds or for the purposes for which the debt was incurred.
(b) When the purposes for which the debt was incurred have been accomplished, any money remaining shall be either (a) transferred to the fund to be used for the payment of principal of, and interest on, the bonds or (b) placed in a fund to be used for the purchase of those outstanding bonds of the VTA, from time to time, in the open market at the prices and in the manner, either at public or private sale or otherwise, that the board determines. Bonds so purchased shall be canceled immediately.
(Amended by Stats. 2016, Ch. 381, Sec. 116. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100610.

100610. (a) The board may provide for the issuance, sale, or exchange of refunding bonds to redeem or retire any bonds issued by the VTA under this chapter upon the terms, at the times, and in the manner that it determines. Refunding bonds may be issued in a principal amount sufficient to pay all, or any part, of the principal of the outstanding bonds issued under this chapter, the interest thereon, and the premiums, if any, due upon call and redemption thereof prior to maturity and all expenses of the refunding.
(b) The provisions of this chapter, for the issuance and sale of bonds apply to the issuance and sale of refunding bonds, except that, when refunding bonds are to be exchanged for outstanding bonds, the method of exchange shall be as determined by the board.
(Amended by Stats. 2016, Ch. 381, Sec. 117. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100611.

100611. Any bonds issued under this chapter are legal investment for all trust funds; for the funds of insurance companies, commercial and savings banks, and trust companies; for state school funds; and, whenever any money or funds may, by any law now or hereafter enacted, be invested in bonds of cities, counties, school districts, or other districts within this state, the money or funds may be invested in the bonds issued under this chapter.
Whenever bonds of cities, 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 money, bonds issued under this chapter may be so used.
The provisions of this chapter are in addition to all other laws relating to legal investments and are controlling as the latest expression of the Legislature with respect thereto.
(Added by Stats. 2003, Ch. 727, Sec. 1. Effective January 1, 2004.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100612.

100612. The board may change the purposes for which any proposed debt is to be incurred, the estimated cost, the amount of bonded debt to be incurred, or the boundaries of the benefit district or zones, if any, therein or one or all of those matters, except that the board shall not change the boundaries of the benefit district or zones to include any territory which will not, in its judgment, be benefited by the VTA action.
(Amended by Stats. 2016, Ch. 381, Sec. 118. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100613.

100613. (a) The board shall not change the purposes, the estimated cost, the boundaries of the benefit district or zones, if any, therein, or the amount of bonded debt to be incurred until after it gives notice of its intention to do so, stating each proposed change in the purpose and stating, if applicable, that the exterior boundaries of the benefit district or zones proposed to be changed are set forth on a map on file with the secretary of the VTA. The notice shall also specify the time and the place set for hearing.
(b) The notice shall be published prior to the time set for the hearing pursuant to Section 6066 of the Government Code.
(c) The notice shall also be mailed at least 30 days prior to the hearing to all owners of real property affected by the proposed change whose names and addresses appear on the last equalized assessment roll or are otherwise known to the board of supervisors of the county in which the benefit district is located or to the VTA. Any proposed increases to a special benefit assessment shall not be made unless all notice, protest, and hearing procedures set forth in Section 53753 of the Government Code have been followed.
(Amended by Stats. 2016, Ch. 381, Sec. 119. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100614.

100614. At the time and place fixed for a hearing on changes, or at any time and place to which the hearing is adjourned, the board shall proceed with the hearing. At the hearing, interested persons may appear and present matters material to the changes set forth in the notice.
At the conclusion of the hearing, the board shall, by resolution, determine whether to make any or all of the changes set forth in the notice. The determinations made in the resolution are conclusive and final.
(Amended by Stats. 2004, Ch. 645, Sec. 15. Effective January 1, 2005.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100615.

100615. All decisions and determinations of the board, upon notice and hearing, are final and conclusive upon all persons entitled to appeal to the board as to all errors, informalities, and irregularities which the board might have avoided or remedied during the progress of the proceedings or which it can, at that time, remedy.
Any objection, appeal, or protest not made at the time of any hearing is deemed to be waived voluntarily by any person who might have made the appeal, protest, or objection, and the person is deemed to have consented to the action taken following the hearing and any other matter on which objection, protest, or appeal could have been made.
(Added by Stats. 2003, Ch. 727, Sec. 1. Effective January 1, 2004.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100616.

100616. Any action or proceeding which contests, questions, or denies the validity or legality of the formation of any benefit district or zone, the issuance of any bonds therefor pursuant to this chapter, or any proceedings relating thereto, shall be commenced within six months from the date of the formation; otherwise, the formation of the benefit district or zone, the issuance of the bonds, and all proceedings relating thereto shall be held to be in every respect valid, legal, and incontestable.
(Amended by Stats. 2004, Ch. 645, Sec. 16. Effective January 1, 2005.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100617.

100617. When the board has imposed a special benefit assessment, the secretary shall so certify to the assessor of the county in which the territory of any benefit district is located and deliver to the assessor copies of all maps and diagrams of the benefit district and zones, if any, therein, indicating the amount of the special benefit assessment to be levied within the benefit district and zones, if any, therein.
Special benefit assessments authorized by this chapter shall be levied and collected by the county at the same time and in the same manner as taxes are levied and collected. The county may deduct its reasonable expenses of collection and shall transmit the balance of the assessments to the authority.
(Added by Stats. 2003, Ch. 727, Sec. 1. Effective January 1, 2004.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100618.

100618. In the event of conflict with any other law, the provisions of this chapter shall prevail with respect to benefit districts within the boundaries of the VTA.
(Amended by Stats. 2016, Ch. 381, Sec. 120. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 12 - SANTA CLARA VALLEY TRANSPORTATION AUTHORITY › CHAPTER 9 - Benefit Assessment Districts › Section 100619.

100619. Notwithstanding any other provision of this chapter, the VTA shall not pledge any portion of its general fund revenues to pay any part of any bonded indebtedness incurred under this chapter unless required by provisions of the California Constitution.
(Amended by Stats. 2016, Ch. 381, Sec. 121. (AB 2196) Effective January 1, 2017.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 1 - Title of Act and Policy › Section 101001.

101001. It appears that public interest and necessity may require that a transit district be established in the territory comprising the City of Bakersfield and the unincorporated area of the County of Kern adjacent to the city in order to meet the public transit problems within such territory. There is no general law under which such a district could be formed and, accordingly, the enactment of a special law providing for the formation of such a special district is required.
(Added by Stats. 1971, Ch. 1161.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 2 - Definitions › Section 101010.

101010. “Voter” means any elector who is registered to vote under the provisions of the Elections Code and who resides within the territory proposed for formation of the district or within the territory comprising the district after its formation.
(Added by Stats. 1971, Ch. 1161.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 2 - Definitions › Section 101012.

101012. “Transit works” or “transit facilities” means any and all real or personal property, equipment, rights or interests acquired, constructed, leased, purchased, owned or otherwise operated by the district for transit purposes and including any future acquisition of any of the same in any manner.
(Added by Stats. 1971, Ch. 1161.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 2 - Definitions › Section 101014.

101014. “Existing system” means any transit service or system of a publicly or privately owned public utility, or division thereof, operating entirely within the district or at least 40 percent of whose revenue vehicle miles for the preceding calendar year were operated within the district, but does not include a charter-party carrier or the charter service of a passenger stage corporation.
(Added by Stats. 1971, Ch. 1161.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 3 - General Provisions › Section 101031.

101031. The territory of such district shall be composed of the entire City of Bakersfield and such portions of unincorporated territory of the county contiguous thereto as may be benefited by inclusion in the district.
(Repealed and added by Stats. 1973, Ch. 590.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 4 - Government of the District › ARTICLE 1 - General › Section 101100.

101100. The government of the district shall be vested in a board of directors of five members.
(Added by Stats. 1971, Ch. 1161.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 4 - Government of the District › ARTICLE 1 - General › Section 101101.

101101. Each director shall be a resident of the district. Members of the board of supervisors and members of the City Council of the City of Bakersfield shall not be eligible for appointment as members of the board.
(Added by Stats. 1971, Ch. 1161.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 4 - Government of the District › ARTICLE 1 - General › Section 101102.

101102. Except for the first members of the board, the term of office of each director shall be four years commencing at noon on the first Monday following the first day of January and until the appointment and qualification of his successor.
(Added by Stats. 1971, Ch. 1161.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 4 - Government of the District › ARTICLE 1 - General › Section 101103.

101103. The board of directors shall be appointed as follows:
(a) Two members shall be appointed by the board of supervisors.
(b) Two members shall be appointed by the City Council of the City of Bakersfield.
(c) One member shall be appointed by majority vote of the other four members of the board.
(Added by Stats. 1971, Ch. 1161.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 4 - Government of the District › ARTICLE 1 - General › Section 101104.

101104. If the majority of the four members of the board appointed pursuant to subdivisions (a) and (b) of Section 101103 fail to appoint the fifth member of the board within 30 days after the appointment of such four members, then the fifth member shall be appointed within 30 days thereafter by the majority vote of a conference committee composed of five members selected as follows: two members of the board of supervisors chosen by that board, two members of the City Council of the City of Bakersfield chosen by the council, and one member chosen by the majority of the four other members so appointed.
(Added by Stats. 1971, Ch. 1161.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 4 - Government of the District › ARTICLE 1 - General › Section 101105.

101105. Within the 30 days next preceding the date of expiration of the term of any director, a successor shall be appointed to succeed the director whose term is expiring. The appointment shall be made by the body which is authorized, pursuant to Section 101103, to make the appointment of the particular class of director whose term is expiring.
(Added by Stats. 1971, Ch. 1161.)
2023 California Code › Public Utilities Code - PUC › DIVISION 10 - TRANSIT DISTRICTS › PART 13 - GOLDEN EMPIRE TRANSIT DISTRICT › CHAPTER 4 - Government of the District › ARTICLE 1 - General › Section 101106.

101106. Not later than the 10th day after the commencement of his term of office and before entering upon the discharge of his official duties, each director shall take and file his oath of office pursuant to Sections 1360 and 1363 of the Government Code.
(Added by Stats. 1971, Ch. 1161.)