California § 99268.12. 99268.12. (Amended by Stats. 1987, Ch. 56, Sec. 157.)

California Statutes

§ 99268.12. — 99268.12. (Amended by Stats. 1987, Ch. 56, Sec. 157.)

California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 11. PART 11. PROVISIONS APPLICABLE TO ALL PUBLIC TRANSIT·Ch. 4. CHAPTER 4. Transportation Development·Art. 4. ARTICLE 4. Claims for Funds

Notwithstanding Sections 99268.2 and 99268.3, the transportation planning agency or the county transportation commission may set the required ratio of fare revenue to operating cost at not less than three-twentieths for an operator in a county with a population of 500,000 or less and serving an urbanized area where funds may be allocated under Article 8 (commencing with Section 99400). Prior to setting the required ratio, the transportation planning agency or the county transportation commission shall make findings specifying the reasons for its action.

Free access — add to your briefcase to read the full text and ask questions with AI

Notwithstanding Sections 99268.2 and 99268.3, the transportation planning agency or the county transportation commission may set the required ratio of fare revenue to operating cost at not less than three-twentieths for an operator in a county with a population of 500,000 or less and serving an urbanized area where funds may be allocated under Article 8 (commencing with Section 99400). Prior to setting the required ratio, the transportation planning agency or the county transportation commission shall make findings specifying the reasons for its action.

California § 99268.12. (99268.12. (Amended by Stats. 1987, Ch. 56, Sec. 157.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.