reglab/statecodes huggingface dataset:
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4 - San Francisco Bay Area Bridges › Section 30920.

30920. The authority may issue toll bridge revenue bonds to finance any or all of the projects, including those specified in Sections 30913, 30914, and 30914.7, if the issuance of the bonds does not adversely affect the minimum amount of toll revenue proceeds designated in Section 30913 and in paragraph (4) of subdivision (a) of, and subdivision (b) of, Section 30914 for rail extension and improvement projects and transit projects to reduce vehicular traffic. A determination of the authority that a specific project or projects shall have no adverse effect will be binding and conclusive in all respects.
(Amended by Stats. 2017, Ch. 650, Sec. 11. (SB 595) Effective January 1, 2018.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4 - San Francisco Bay Area Bridges › Section 30922.

30922. Any action or proceeding to contest, question, or deny the validity of a toll increase provided for in this chapter, the financing of the transportation program contemplated by this chapter, the issuance of any bonds secured by those tolls, or any of the proceedings in relation thereto, shall be commenced within 60 days from the date of the election at which the toll increase is approved. After that date, the financing of the program, the issuance of the bonds, and all proceedings in relation thereto, including the adoption, approval, and collection of the toll increase, shall be held valid and incontestable in every respect.
(Amended by Stats. 2017, Ch. 650, Sec. 12. (SB 595) Effective January 1, 2018.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30950.

30950. For the purposes of this chapter, Chapter 4 (commencing with Section 30910), and Chapter 4.5 (commencing with Section 31000), “the authority” is the Bay Area Toll Authority, which is hereby created. The authority is a public instrumentality governed by the same board as that governing the Metropolitan Transportation Commission. The authority is, however, a separate entity from the Metropolitan Transportation Commission.
(Amended by Stats. 2003, Ch. 715, Sec. 76. Effective January 1, 2004.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30950.1.

30950.1. The authority shall adopt an annual budget. The members of the authority shall be compensated as determined by the authority and shall be reimbursed for necessary and reasonable expenses incurred in connection with performing authority duties. The authority shall pay all costs required by this section.
(Amended by Stats. 2003, Ch. 715, Sec. 77. Effective January 1, 2004.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30950.2.

30950.2. (a) Except as provided in subdivision (b), the authority is responsible for the administration of all toll revenues from state-owned toll bridges within the geographic jurisdiction of the Metropolitan Transportation Commission.
(b) Notwithstanding any other provision of law, until such time as obligations of the California Infrastructure and Economic Development Bank secured by the seismic retrofit surcharge imposed pursuant to subdivision (a) of Section 31010 are no longer outstanding, as that term is defined in the constituent instruments defining the rights of the holders of those obligations, both of the following apply:
(1) The phrase “toll revenues” as used in Chapter 4 (commencing with Section 30910) and this chapter shall not include the seismic retrofit surcharge imposed pursuant to subdivision (a) of Section 31010.
(2) The seismic retrofit surcharge imposed pursuant to subdivision (a) of Section 31010 shall remain pledged to the payment of obligations incurred by the California Infrastructure and Economic Development Bank under Chapter 4.6 (commencing with Section 31070).
(Amended by Stats. 2005, Ch. 71, Sec. 6. Effective July 18, 2005.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30950.3.

30950.3. (a) The authority shall prepare, adopt, and from time to time revise, a long-range bridge toll plan for the completion of all projects within its jurisdiction, including those of the Regional Traffic Relief Plan described in subdivision (c) of Section 30914 and the Regional Measure 3 expenditure plan described in subdivision (a) of Section 30914.7.
(b) The authority shall give first priority to projects and expenditures that are deemed necessary by the department and the authority to preserve and protect the bridge structures.
(Amended by Stats. 2017, Ch. 650, Sec. 14. (SB 595) Effective January 1, 2018.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30950.4.

30950.4. All authority of the California Transportation Commission as to the bay area bridges is transferred to the authority.
(Amended by Stats. 2003, Ch. 715, Sec. 80. Effective January 1, 2004.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30951.

30951. The authority is authorized in its own name to do all acts necessary or convenient for the exercise of its powers under this division and the financing of projects, including, but not limited to, the following:
(a) To make and enter into contracts.
(b) To employ agents or employees.
(c) To acquire, construct, manage, maintain, lease, or operate any public facility or improvements.
(d) To sue and be sued in its own name.
(e) To issue bonds and otherwise to incur debts, liabilities, or obligations.
(f) To apply for, accept, receive, and disburse grants, loans, and other assistance from any agency of the United States of America or of the State of California.
(g) To invest any money not required for the immediate necessities of the authority, as the authority determines is advisable.
(h) To apply for letters of credit or other forms of financial guarantees in order to secure the repayment of bonds and to enter into agreements in connection with those letters of credit or financial guarantees.
(Repealed and added by Stats. 2003, Ch. 715, Sec. 82. Effective January 1, 2004.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30951.1.

30951.1. Notwithstanding any other provision of law, the authority is not authorized to purchase or otherwise acquire, directly or indirectly, including, but not limited to, through a joint exercise of powers authority between the authority and any other entity, office space and office facilities in addition to the office space and office facilities located at 390 Main Street in San Francisco.
(Added by Stats. 2013, Ch. 603, Sec. 1. (SB 613) Effective January 1, 2014.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30952.

30952. The department shall collect tolls, operate, maintain, and provide rehabilitation of all bridges described in Section 30910, including toll facilities, and be responsible for the design and construction of improvements on those bridges in accordance with programming and scheduling requirements adopted by the authority. The department and the authority shall enter into a cooperative agreement upon terms and conditions that they shall deem mutually agreeable, including, without limitation, provisions for the department to provide for the operation of the bridges and the planning, design, and construction of improvements to the bridges paid for by revenues from tolls collected.
(Added by Stats. 1997, Ch. 328, Sec. 5. Effective January 1, 1998.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30952.1.

30952.1. (a) The authority and the department shall establish a Toll Bridge Program Oversight Committee, which shall consist of the director, the authority’s executive director, and the Executive Director of the California Transportation Commission. The committee may establish a project management team to assist it in performing the duties required of it under this section and Section 30952.05.
(b) The Toll Bridge Program Oversight Committee shall review project status, program costs, and schedules; resolve project issues; evaluate project changes; develop and regularly update cost estimates, risk assessments, and cashflow requirements for all phases of the toll bridge projects; and provide program direction.
(c) In addition to the duties described in subdivision (b), the committee shall review project staffing levels and structures, and consultant and contractor services related to the Benicia-Martinez Bridge construction project, as described in Section 30917, and the state toll bridge seismic retrofit program, as described in Section 188.5.
(d) Expenses incurred by the department, the authority, and the California Transportation Commission for costs directly related to duties required by this section, Section 30952, and Section 30952.05 shall be reimbursed by toll revenue collected pursuant to Section 30916, 31010, or 31011.
(e) The Toll Bridge Program Oversight Committee shall be subject to the Bagley-Keene Open Meeting Act (Article 9 (commencing with Section 11120) of Chapter 1 of Part 1 of Division 3 of Title 2 of the Government Code).
(Amended (as added by Stats. 2005, Ch. 375) by Stats. 2015, Ch. 172, Sec. 1. (AB 1284) Effective January 1, 2016.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30952.2.

30952.2. (a) The department shall provide monthly reports to the Toll Bridge Program Oversight Committee, including, but not limited to, the construction status, actual expenditures, and forecasted costs and schedules for the Benicia-Martinez Bridge construction project and the state toll bridge seismic retrofit program projects.
(b) (1) Commencing August 15, 2005, and quarterly thereafter until completion of all applicable projects, the Toll Bridge Program Oversight Committee shall provide quarterly reports within 45 days of the end of each quarter to the transportation and fiscal committees of both houses of the Legislature and the California Transportation Commission for the toll bridge seismic retrofit program in subdivision (a) of Section 188.5.
(2) The report shall include details of each toll bridge seismic retrofit project and all information necessary to clearly describe the status of the project, including, but not limited to, all of the following:
(A) A progress report.
(B) The baseline budget for capital and capital outlay support costs for the revised program cost estimate, as described in Section 188.6.
(C) The current or projected budget for capital and capital outlay support costs.
(D) Expenditures to date for capital and capital outlay support costs.
(E) A comparison of the current or projected schedule and the baseline schedule that was assumed.
(F) A summary of milestones achieved during the quarterly period and any issues identified and actions taken to address those issues.
(G) A summary of the expenses incurred by the Toll Bridge Program Oversight Committee to perform the duties required by Sections 30952.05 and 30952.1.
(H) A summary of the incentives, disincentives, and criteria for each utilized by the department, and the expenses incurred by the department, pursuant to Section 30952.3.
(3) The report described in paragraph (1) shall also include a programwide summary of the program’s budget status for capital and capital outlay support costs.
(Added by Stats. 2005, Ch. 375, Sec. 3. Effective September 29, 2005.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30952.3.

30952.3. Notwithstanding any other provision of law, the department may, from the resources provided in, and for the purpose of, Sections 188.5 and 188.6, include incentives or disincentives, or both, to maximize the number of bidders participating in a bid process relative to toll bridge seismic retrofit and replacement projects, and to encourage the timely and thorough completion of contracts awarded for those projects.
(Added by Stats. 2005, Ch. 375, Sec. 4. Effective September 29, 2005.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30953.

30953. Toll revenues and all other income derived from bridges pursuant to Chapter 4 (commencing with Section 30910) shall be deposited in the Bay Area Toll Account, which is hereby created.
(Amended by Stats. 2005, Ch. 71, Sec. 11. Effective July 18, 2005.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30954.

30954. At such time as obligations of the California Infrastructure and Economic Development Bank secured by the seismic retrofit surcharge imposed under subdivision (a) of Section 31010 are no longer outstanding, as that term is defined in the constituent instruments defining the rights of the holders of those obligations, all revenues, interest earned, and existing fund balances in the Toll Bridge Seismic Retrofit Account shall be transferred to the authority for deposit in the Bay Area Toll Account.
(Added by Stats. 2005, Ch. 71, Sec. 12. Effective July 18, 2005.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30958.

30958. After payments for debt service on outstanding bonds, and the costs for the operation and maintenance expenses set forth in Section 30952 are provided for, and after all direct operating costs of the authority are provided for, the authority may retain, for its cost in administering this article, an amount not to exceed 1 percent of the gross annual bridge revenues.
(Amended by Stats. 2003, Ch. 715, Sec. 85. Effective January 1, 2004.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30959.

30959. The authority may make direct contributions to the commission in furtherance of the exercise of the authority’s powers under this division, including contributions in the form of personnel services, office space, overhead, and other funding necessary to carry out the function of the authority, with those contributions not to exceed 1 percent of the gross annual bridge revenues. The authority may also make additional contributions in the form of loans to the commission on a reimbursement-for-cost basis; provided that those loans do not, independent of the direct contributions, exceed 1 percent of the gross annual bridge revenues and are fully repaid with interest at the same interest rate that would apply for toll bridge revenue bonds of the same duration as any loan taken by the commission. As used in this section, “gross annual bridge revenues” shall have the same meaning as in Section 30958.
(Amended by Stats. 2013, Ch. 603, Sec. 2. (SB 613) Effective January 1, 2014.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30960.

30960. (a) The authority may issue both defeasance and future capital project bonds payable from the revenues of the tolls imposed on the bridges described in Section 30910. The bonds or commercial paper may be issued by the authority at any time, and from time to time, payable from the revenues from the tolls. The bonds or commercial paper shall be referred to as “toll bridge revenue bonds.”
(b) The revenues from the tolls on the bridges described in Section 30910 shall be subject to a statutory lien in favor of the bondholders to secure all amounts due on the bonds and in favor of any provider of credit enhancement for the bonds to secure all amounts due to that provider with respect to those bonds, and the lien shall immediately attach to those toll revenues and be effective, binding, and enforceable against the authority, its successors, creditors, and all others asserting rights therein, irrespective of whether those parties have notice of the lien and without the need for any physical delivery, recordation, filing, or further act, and the toll revenues shall remain subject to that lien until all bonds are paid in full or provision made therefor, and the bridges shall not become toll-free prior to that time.
(c) The liens on toll revenues created by this chapter shall be subject to expenditures for operation and maintenance of the bridges, including toll collection, unless those expenditures are otherwise provided for by statute.
(d) Interest on any bonds issued pursuant to this chapter shall at all times be free from state personal income tax and corporate income tax.
(Amended by Stats. 2003, Ch. 715, Sec. 86. Effective January 1, 2004.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30961.1.

30961.1. Not later than December 31, 2005, the California Transportation Commission, in consultation with the department and the authority, shall adopt a schedule for the payment of the remaining state contributions identified in Sections 188.5 and 188.6 for the toll bridge seismic retrofit and replacement projects identified in Section 188.5. The schedule shall include the timing and sources of the state contributions to the state toll bridge seismic retrofit and replacement program. The schedule shall provide for the state contributions to be made available for expenditure commencing in the fiscal year 2005-06, and in a manner that distributes the state contributions over the years during which construction of the toll bridge seismic retrofit and replacement program occurs, ensures that the state contributions provide a timely balance between those sources and the contribution from toll revenues, and, to the extent possible, minimizes the impact on state transportation programs. The schedule shall include and make available for expenditure, the state contribution identified in subparagraph (B) of paragraph (8) of subdivision (b) of Section 188.5 commencing in fiscal year 2008-09, and shall distribute it over that fiscal year and each of the fiscal years during which construction of the state toll bridge seismic retrofit and replacement program occurs. The California Transportation Commission, in consultation with the department and the authority, may update and revise the schedule as it determines is necessary.
(Added by Stats. 2005, Ch. 375, Sec. 5. Effective September 29, 2005.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30962.

30962. Any bonds or commercial paper issued pursuant to this chapter are a legal investment for all trust funds; for the funds of insurance companies, commercial and savings banks, and trust companies; and for state school funds. 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 the state, those funds may be invested in the bonds issued pursuant to this chapter, and 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, the bonds issued pursuant to this chapter may be so used. The provisions of this chapter are in addition to all other laws relating to legal investments and shall be controlling as the latest expression of the Legislature with respect thereto.
(Added by Stats. 1997, Ch. 328, Sec. 5. Effective January 1, 1998.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.3 - Metropolitan Transportation Commission › Section 30963.

30963. (a) The State of California pledges and agrees with the holders of the bonds issued pursuant to this chapter, and with those parties who may enter into contracts with the authority pursuant to this chapter, that the state will not limit, alter, or restrict the rights hereby vested in the authority to finance the toll bridge improvements authorized by this chapter, Chapter 4 (commencing with Section 30910), or Chapter 4.5 (commencing with Section 31000). The State of California pledges and agrees not to impair the terms of any agreements made with the holders of bonds, and with the parties who may enter into contracts with the authority pursuant to this chapter, and pledges and agrees not to impair the rights or remedies of the holders of any revenue bonds or any parties until the bonds, together with interest, are fully paid and discharged and any contracts are fully performed on the part of the authority.
(b) Nothing in this section shall be deemed to pledge the full faith and credit of the State of California.
(c) The authority may include the pledges made pursuant to this section in its revenue bonds.
(Added by Stats. 1997, Ch. 328, Sec. 5. Effective January 1, 1998.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.5 - Seismic Retrofit Surcharge › Section 31000.

31000. The following definitions apply for purposes of this chapter:
(a) “Account” means the Toll Bridge Seismic Retrofit Account created pursuant to Section 188.10.
(b) “Amenities” means any of the following:
(1) A cable suspension bridge.
(2) A bicycle facility.
(3) A transbay terminal.
(c) “Authority” means the Bay Area Toll Authority.
(d) “Bay area bridges” means the state-owned toll bridges within the area of the geographic jurisdiction of the Metropolitan Transportation Commission.
(e) “Department” means the Department of Transportation.
(f) “Seismic retrofit” means all work completed by the department on the bay area bridges relating to the planning, design, and construction of improvements to, or replacement of, those bridges for the purpose of withstanding seismic forces, including, but not limited to, any environmental or traffic mitigation necessary for that work.
(g) “Surcharge” means the seismic retrofit surcharge imposed pursuant to Section 31010.
(Amended by Stats. 2003, Ch. 715, Sec. 88. Effective January 1, 2004.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.5 - Seismic Retrofit Surcharge › Section 31010.

31010. (a) There is hereby imposed a seismic retrofit surcharge equal to one dollar ($1) per vehicle for passage on the Bay Area state-owned toll bridges, except for vehicles that are authorized toll-free passage on these bridges.
(b) Funds generated pursuant to subdivision (a) that are in excess of those needed to meet the toll commitment as specified by paragraph (4) of subdivision (b) of Section 188.5 shall be available to the authority for funding, consistent with Sections 30913 and 30914, the purposes and projects described in those sections.
(c) Except as provided in subdivision (d), funds generated pursuant to subdivision (a) shall be paid to the authority directly and deposited in the Bay Area Toll Account pursuant to Section 30950.2 and shall constitute revenues of the tolls imposed on the bridges described in Section 30910 for all purposes of Chapter 4.3 (commencing with Section 30950).
(d) Funds generated pursuant to subdivision (a) shall be used exclusively to repay obligations issued by the California Infrastructure and Economic Development Bank and secured by the surcharge imposed by subdivision (a) until they are no longer outstanding, as that term is defined in the constituent instruments defining the rights of the holders of those obligations. This subdivision shall become inoperative when the obligations are no longer outstanding, as that term is defined in the constituent instruments defining the rights of the holders of those obligations.
(e) The department may increase the amount of the seismic retrofit surcharge identified in subdivision (a) for debt service purposes only on the obligations issued by the California Infrastructure and Economic Development Bank under Chapter 4.6 (commencing with Section 31070) and only for as long as those obligations are outstanding, as that term is defined in the constituent instruments defining the rights of the holders of those obligations, if circumstances exist that have resulted in a reduction in the funds generated by subdivision (a) so as to jeopardize the payment of debt service on those obligations. This subdivision shall become inoperative when those obligations are no longer outstanding due to their retirement or defeasance.
(Amended by Stats. 2005, Ch. 71, Sec. 15. Effective July 18, 2005.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.5 - Seismic Retrofit Surcharge › Section 31011.

31011. (a) The authority may increase the amount of the surcharge described in Section 31010 for the purpose of completing the state toll bridge seismic program described in Section 188.5 and to meet its obligations under the act adding this section in the 2005–06 Regular Session. No increase shall be made effective prior to January 1, 2007.
(b) Notwithstanding any other provision of law, revenues generated by an increase imposed pursuant to this section shall be deposited in the Bay Area Toll Account.
(c) The authority shall hold at least two public meetings at least 45 days before taking any action pursuant to subdivision (a) to increase the amount of the surcharge.
(Amended by Stats. 2009, Ch. 515, Sec. 8. (AB 1175) Effective January 1, 2010.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.5 - Seismic Retrofit Surcharge › Section 31015.

31015. (a) Revenues generated from the surcharge shall not exceed nine hundred seven million dollars ($907,000,000), unless any of the following occurs:
(1) After completing 30 percent of the design, and after completion of a cost estimate by the department, the authority selects a design that costs more than the cost of a single tower cable suspension bridge selected by the department.
(2) The authority requests funding for the replacement or relocation of the transbay bus terminal in the City and County of San Francisco.
(3) The authority requests funding for a bicycle or pedestrian access that is to be added to either the new east span of the San Francisco-Oakland Bay Bridge or the retrofitted west span of that bridge, or both.
(b) If the authority does any of the things listed in paragraphs (1) to (3), inclusive, of subdivision (a), the local share of the project costs shall be increased by an amount equal to any additional costs that are incurred as a result of the authority’s decision.
(c) The department shall include the amenities requested by the authority only if sufficient funds generated by the seismic retrofit surcharge are made available to fully pay for those amenities.
(Amended by Stats. 1998, Ch. 84, Sec. 1. Effective January 1, 1999.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.5 - Seismic Retrofit Surcharge › Section 31020.

31020. Notwithstanding Section 30953, as amended by the act adding this section in the 2005–06 Regular Session, revenue generated from the seismic retrofit surcharge imposed pursuant to subdivision (a) of Section 31010 shall be deposited in the account until obligations secured by that seismic retrofit surcharge and issued by the California Infrastructure and Economic Development Bank under Chapter 4.6 (commencing with Section 31070) are no longer outstanding as that term is defined in the constituent instruments defining the rights of the holders of those obligations. After obligations of the bank secured by toll funds are no longer outstanding, all toll revenues generated from bridges in the geographic jurisdiction of the Metropolitan Transportation Commission shall be deposited in the Bay Area Toll Account.
(Repealed and added by Stats. 2005, Ch. 71, Sec. 18. Effective July 18, 2005.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.5 - Seismic Retrofit Surcharge › Section 31021.

31021. Projects in the state toll bridge seismic retrofit and replacement program described in Section 188.5 are not subject to administrative overhead cost assessments by the department because they are within the duties described in Section 30952.
(Added by Stats. 2005, Ch. 71, Sec. 19. Effective July 18, 2005.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.6 - State-Owned Toll Bridge Seismic Retrofit Financing Act of 2001 › Section 31070.

31070. The Legislature hereby finds and declares all of the following:
(a) Following the 1989 Loma Prieta earthquake, legislation was enacted to make seismic safety a top transportation priority in this state. In the wake of the Northridge earthquake of 1994, when nine major freeway bridges were destroyed and 11 major highways wee closed, seismic retrofit of the state’s bridges and highways again became the number one priority on the state’s transportation agenda.
(b) In 1996, voters approved Proposition 192, a two billion dollar ($2,000,000,000) bond measure for state highway seismic retrofit. This funding measure includes the costs of retrofitting seven state-owned toll bridges, five in the San Francisco-Oakland Bay area and two in southern California. Replacement costs for the eastern span of the San Francisco-Oakland Bay Bridge were factored in as well.
(c) Subsequent to the adoption of Proposition 192, new cost estimates by the department increase the toll bridge retrofit program from six hundred fifty million dollars ($650,000,000) to two billion six hundred million dollars ($2,600,000,000). To address this increase, the Legislature enacted legislation in 1997, establishing the compromise of a 50/50 funding agreement between the state and local toll payers to finance all state-owned bridges in the San Francisco-Oakland Bay area, Los Angeles, and San Diego.
(d) It is the further intent of the Legislature that the department address the funding deficiency through a combination of financing options. These options may or may not include obtaining a loan under the federal Transportation Infrastructure Finance and Innovation Act of 1998 (P.L. 105-178), a program authorized by the Congress of the United States in 1998 to provided credit assistance for large transportation projects.
(e) Other financing options include revenue bonds and commercial paper should be issued under the authority of the California Infrastructure and Economic Development Financing Bank, the California Transportation Commission, or other, appropriate entity.
(Added by Stats. 2001, Ch. 907, Sec. 5. Effective January 1, 2002.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.6 - State-Owned Toll Bridge Seismic Retrofit Financing Act of 2001 › Section 31070.5.

31070.5. For the purposes of this chapter, the following terms have the following meanings, unless the context requires otherwise:
(a) “Authority” means the Bay Area Toll Authority established under Section 30950.
(b) “Account” means the Toll Bridge Seismic Retrofit Account established in the State Transportation Fund under Section 188.12.
(c) “Bank” means the California Infrastructure and Economic Development Bank established under Section 63021 of the Government Code.
(d) “Bay area bridges” means the state-owned toll bridges in the region within the area of the jurisdiction of the Metropolitan Transportation Commission.
(e) “Bonds” has the meaning defined in subdivision (e) of Section 63010 of the Government Code.
(f) “Department” means the Department of Transportation.
(g) “TIFIA” means the federal Transportation Infrastructure Finance and Innovation Act of 1998 (P.L. 105-178).
(h) “Toll surcharge” means the seismic retrofit surcharge imposed under Section 31010.
(Added by Stats. 2001, Ch. 907, Sec. 5. Effective January 1, 2002.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.6 - State-Owned Toll Bridge Seismic Retrofit Financing Act of 2001 › Section 31070.7.

31070.7. The department has full and sole responsibility for completion of all seismic retrofit projects on the bay area bridges.
(Added by Stats. 2001, Ch. 907, Sec. 5. Effective January 1, 2002.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.6 - State-Owned Toll Bridge Seismic Retrofit Financing Act of 2001 › Section 31071.

31071. (a) The department may enter into financing agreements with the bank for the purpose of borrowing funds to finance or refinance the seismic retrofit project costs identified in paragraph (4) of subdivision (a) of Section 188.5. The bank may issue bonds for this purpose, pursuant to the authority granted to it under Chapter 5 (commencing with Section 63070) of Division 1 of Title 6.7 of the Government Code, and deposit the proceeds from the bonds into the account. The amount of borrowing may be increased to fund necessary reserves, capitalized interest, interim bonds, including, but not limited to, commercial paper, costs of issuance, and administrative, financial, legal, and incidental services related to the bonds. The department shall pursue the most cost-effective and efficient financing plan for the bridge work identified in paragraph (4) of subdivision (a) of Section 188.5.
(b) To the extent provided in the governing documents, each of the bonds issued under this section shall be payable from, and secured by, all or a portion of the toll surcharge revenue in the account and the assets in that account.
(c) Prior to the issuance of bonds payable from the toll surcharge, the bank shall confirm that bonds issued under Chapter 4.3 (commencing with Section 30950) shall not be impaired solely by action taken under this section, as evidenced by confirmation of the then existing ratings on these bonds, by the rating agencies then rating the bonds. This requirement shall not apply if the voters approve an increase in the toll rate pursuant to subdivision (b) of Section 30921.
(Amended by Stats. 2004, Ch. 183, Sec. 341. Effective January 1, 2005.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.6 - State-Owned Toll Bridge Seismic Retrofit Financing Act of 2001 › Section 31071.3.

31071.3. Notwithstanding any other provision of law, during the construction period, all revenues generated from the toll surcharge shall be available to the department only for the construction and financing purposes of the toll bridge seismic retrofit program.
(Added by Stats. 2001, Ch. 907, Sec. 5. Effective January 1, 2002.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.6 - State-Owned Toll Bridge Seismic Retrofit Financing Act of 2001 › Section 31071.5.

31071.5. (a) Bonds issued under this chapter may not be deemed to constitute a debt or liability of the state or of any political subdivision thereof, other than the bank, or a pledge of the faith and credit of the state or of any political subdivision thereof, but shall be payable solely from the account, and the assets of the account, and the security provided by the account. All bonds issued under this chapter shall contain on the face of the bonds a statement to this effect.
(b) Notwithstanding any other provision of law, Article 3 (commencing with Section 63040) of, Article 4 (commencing with 63042) of, and Article 5 (commencing with Section 63043) of Chapter 2 of Division 1 of Title 6.7 of the Government Code do not apply to any financing provided by the bank to, or at the request of, the department in connection with the account.
(Added by Stats. 2001, Ch. 907, Sec. 5. Effective January 1, 2002.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.6 - State-Owned Toll Bridge Seismic Retrofit Financing Act of 2001 › Section 31072.

31072. Any federal funds received by the department as a direct loan or line of credit under TIFIA are hereby appropriated to the department for transfer to the account for the purposes of that account.
(Added by Stats. 2001, Ch. 907, Sec. 5. Effective January 1, 2002.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 4.6 - State-Owned Toll Bridge Seismic Retrofit Financing Act of 2001 › Section 31073.

31073. The department may make the loans and transfers authorized under Section 14556.7 of the Government Code and Section 188.14 to provide adequate cash flow for obligation service requirements resulting from the financing authority provided under Sections 31071 and 31072.
(Added by Stats. 2001, Ch. 907, Sec. 5. Effective January 1, 2002.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 1 - General Provisions › Section 31100.

31100. This chapter may be cited as the El Dorado County Toll Tunnel Authority Act.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 1 - General Provisions › Section 31101.

31101. Unless the particular provision or the context otherwise requires the general provisions set forth in this article govern the construction of this chapter.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 1 - General Provisions › Section 31103.

31103. “Toll tunnel” means the tunnel from U.S. Highway 50 in the vicinity of Twin Bridges to U.S. Highway 50 in the vicinity of Meyers which the authority is authorized to finance, construct, operate, and maintain as a toll facility pursuant to this chapter, and includes all appurtenances and additions, alterations or improvements thereto or replacements thereof, and the approaches to each end thereof, including any necessary connections with U.S. Highway 50, all lands and interest therein used therefor, and buildings and improvements thereon.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 1 - General Provisions › Section 31104.

31104. “Bond” means any written evidence of indebtedness which the authority may issue pursuant to this chapter in order to secure funds with which to carry out the purposes of this chapter.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 1 - General Provisions › Section 31105.

31105. Nothing in this chapter prevents the state from making appropriations from time to time in aid of the construction pursuant to this chapter of the toll tunnel or property, franchises, or rights appurtenant thereto or for the purpose of making preliminary surveys, plans, and estimates of the cost thereof, and meeting other preliminary expenses as the Legislature deems proper.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 2 - Organization of the Authority › Section 31110.

31110. The El Dorado County Toll Tunnel Authority is hereby created. The authority shall be governed by a board consisting of the members of the Board of Supervisors of El Dorado County.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 2 - Organization of the Authority › Section 31111.

31111. All of the members of the authority shall serve thereon without compensation, but they shall receive their necessary actual traveling expenses incurred in the discharge of their duties.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 2 - Organization of the Authority › Section 31113.

31113. The authority may employ a secretary, a treasurer, an attorney, a chief engineer, and such other persons as are necessary to enable it properly to perform the duties imposed upon it by this chapter.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 2 - Organization of the Authority › Section 31114.

31114. The authority may sue and be sued in the name of the El Dorado County Toll Tunnel Authority.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 2 - Organization of the Authority › Section 31115.

31115. The authority shall select one of its members to serve as chairman of the authority.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 3 - General Powers and Duties of the Authority › Section 31120.

31120. The authority may study the feasibility of, plan, design, finance, construct, operate, and maintain a tunnel from U.S. Highway 50 in the vicinity of Twin Bridges to U.S. Highway 50 in the vicinity of Meyers.
The authority shall require that any tunnel constructed shall meet state highway standards.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 3 - General Powers and Duties of the Authority › Section 31121.

31121. The authority shall fix the rates of toll and other charges for the toll tunnel.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 3 - General Powers and Duties of the Authority › Section 31122.

31122. The authority in establishing toll charges shall give consideration to the cost of operating and maintaining the toll tunnel, including the cost of insurance, and to the amount required annually to meet the redemption of bonds and interest payments thereon. At all times the tolls and charges shall be fixed at rates to yield annual revenue equal to annual operating and maintenance expenses, including insurance costs, and all redemption payments and interest charges of the bonds issued for the toll tunnel as they fall due.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 3 - General Powers and Duties of the Authority › Section 31123.

31123. Toll charges so fixed may be changed from time to time as conditions warrant.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 3 - General Powers and Duties of the Authority › Section 31124.

31124. The authority may do such acts and make such agreements not inconsistent with laws as are necessary or desirable in connection with the duties and powers conferred upon it by law regarding the construction, maintenance, operation, and insurance of the toll tunnel or the safeguarding of the funds and revenues required for such purposes and the payment of the indebtedness incurred therefor.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 3 - General Powers and Duties of the Authority › Section 31125.

31125. The authority, through such engineers or experts as it may employ, shall design the toll tunnel, and may build it or any portions of it either by its own employees or by contract with any person. The cost of the toll tunnel shall be paid from the proceeds of bonds issued and sold pursuant to this chapter, or from contributions or appropriations from other sources as provided in this chapter.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 3 - General Powers and Duties of the Authority › Section 31126.

31126. The authority shall keep full, complete, and separate accounts of the toll tunnel and annually shall prepare balance sheets and income and profit and loss statements showing the financial condition of the toll tunnel. The statements shall be open to the inspection of holders of bonds issued by the authority at all reasonable times.
(Added by Stats. 1968, Ch. 923.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 3 - General Powers and Duties of the Authority › Section 31127.

31127. The authority may issue permits for the use of the toll tunnel on a credit basis. The holder of such a permit shall furnish to and maintain in force with the authority a bond executed by an admitted surety insurer, in an amount equal to twice the authority’s estimate of the toll charges to be incurred under such permit during one month.
(Amended by Stats. 1982, Ch. 517, Sec. 384.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 3 - General Powers and Duties of the Authority › Section 31128.

31128. The authority may revoke any permit granted for failure of the holder to comply with its terms.
(Amended by Stats. 1982, Ch. 517, Sec. 385.)
2023 California Code › Streets and Highways Code - SHC › DIVISION 17 - TOLL FACILITIES AND RELATED MATTERS › CHAPTER 5 - El Dorado County Toll Tunnel Authority Act › ARTICLE 3 - General Powers and Duties of the Authority › Section 31129.

31129. The authority may also require the holder of any such permit to pay a fee of not to exceed five dollars ($5) a month to cover printing and other overhead expense, the proceeds thereof to be deposited in the fund from which such expenses are paid.
(Added by Stats. 1968, Ch. 923.)