California Streets and Highways Code CHAPTER 4.3 - Metropolitan Transportation Commission

  • Section 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...
  • Section 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...
  • Section 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...
  • Section 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,...
  • Section 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....
  • Section 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...
  • Section 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...
  • Section 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...
  • Section 30952.05.
    (a) The authority and the department shall amend the cooperative agreement required by Section 30952 to incorporate the project oversight and control responsibilities described in this...
  • Section 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...
  • Section 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...
  • Section 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...
  • Section 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...
  • Section 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...
  • Section 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,...
  • Section 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...
  • Section 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...
  • Section 30961.
    Toll bridge revenue bonds shall be issued pursuant to a resolution adopted at any time, and from time to time, by the authority by a...
  • Section 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...
  • Section 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...
  • Section 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...

Last modified: October 22, 2018