California Statutes
§ 100055.2. — 100055.2. (Amended by Stats. 2016, Ch. 381, Sec. 17.)
California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 12. PART 12. SANTA CLARA VALLEY TRANSPORTATION AUTHORITY·Ch. 3.5. CHAPTER 3.5. Existing Systems
Subject to Section 100351, the purchase price to be paid for the existing system, or any portion thereof to be purchased, shall be the reproduction cost new, including going concern value, at the date upon which the VTA commences negotiations for the purchase of the existing system, or the portion of the existing system, less depreciation, including wear, tear, and obsolescence, if any.
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California § 100055.2. (100055.2. (Amended by Stats. 2016, Ch. 381, Sec. 17.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2016, Ch. 381, Sec. 17. (AB 2196) Effective January 1, 2017.