California § 132430. 132430. (Added by Stats. 1998, Ch. 1021, Sec. 1.)

California Statutes

§ 132430. — 132430. (Added by Stats. 1998, Ch. 1021, Sec. 1.)

California § 132430.

Code PUCPublic Utilities Code - PUC

Div. 12.7.DIVISION 12.7. COUNTY AND REGIONAL TRANSPORTATION COMMISSIONS

Ch. 6.CHAPTER 6. Pasadena Metro Blue Line Construction Authority

This text of California § 132430. (132430. (Added by Stats. 1998, Ch. 1021, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Public Utilities Code - PUC Code § 132430. (2026).

Text

(a)The LACMTA shall transfer the unencumbered balance of all local funds programmed for completion of the project and that have been identified in the Restructuring Plan adopted by the LACMTA Board of Directors on May 13, 1998, to the authority for completion of the project.

(b)The authority is eligible to receive allocations of state funds for the project. The unencumbered balance of funds currently programmed or allocated to the LACMTA for completion of the project and that have been identified in the Restructuring Plan adopted by the LACMTA Board of Directors on May 13, 1998, shall be allocated to the authority for completion of the project.

(c)Any transfer of funds by the LACMTA under this section shall be subject to the terms of the memorandum of understanding entered into between

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(a)
The LACMTA shall transfer the unencumbered balance of all local funds programmed for completion of the project and that have been identified in the Restructuring Plan adopted by the LACMTA Board of Directors on May 13, 1998, to the authority for completion of the project.
(b)
The authority is eligible to receive allocations of state funds for the project. The unencumbered balance of funds currently programmed or allocated to the LACMTA for completion of the project and that have been identified in the Restructuring Plan adopted by the LACMTA Board of Directors on May 13, 1998, shall be allocated to the authority for completion of the project.
(c)
Any transfer of funds by the LACMTA under this section shall be subject to the terms of the memorandum of understanding entered into between the LACMTA and the commission on June 2, 1998.

Legislative History

Added by Stats. 1998, Ch. 1021, Sec. 1. Effective January 1, 1999.

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Bluebook (online)

California § 132430., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/PUC/132430..