Section 29034.7 Of Article 5. Rapid Transit Facilities And Service From California Public Utilities Code >> Division 10. >> Part 2. >> Chapter 6. >> Article 5.
29034.7
. (a) Not later than December 31, 1991, the district shall
proceed to commence construction of an extension of its facilities to
Dublin if an agreement is then existing between the district and the
Alameda County Transportation Commission to provide funding for that
extension in accordance with the Alameda County Transportation
Expenditure Plan adopted pursuant to Section 131055.
(b) Not later than December 31, 1991, the district shall proceed
to commence construction of an extension of its facilities to Warm
Springs, subject to each of the following conditions:
(1) The Dublin extension is fully funded and ready for
implementation.
(2) Appropriate federal and environmental approvals are obtained
in a timely manner.
(3) Adequate funding is available from the sources described in
subdivision (c).
(c) In order to meet the objective of completing construction of
the Dublin and Warm Springs extensions of the district's facilities,
as contemplated by the Alameda County Transportation Expenditure
Plan, the board of directors of the district shall take the following
actions:
(1) Set aside, for expenditure on those projects, not less than
fifty-eight million dollars ($58,000,000) from the district's reserve
funds.
(2) Commit for expenditure on those projects, an additional amount
of not less than one hundred twenty-six million dollars
($126,000,000) if, pursuant to an agreement between the district and
the San Mateo County Transit District, the district is to receive two
hundred million dollars ($200,000,000) as a capital contribution
from the San Mateo County Transit District.
(3) Seek additional funding as may be available from an increase
in San Francisco Bay area bridge tolls pursuant to Chapter 406 of the
Statutes of 1988, together with funding from state and other
sources, to provide not less than six hundred two million dollars
($602,000,000) to fund the Dublin and Warm Springs extensions as
provided for in the Alameda County Transportation Expenditure Plan.
(d) It is the intent of the Legislature, if funding, as provided
for in the Alameda County Transportation Expenditure Plan and
pursuant to paragraphs (2) and (3) of subdivision (c), does not
become available to the district for the full extension of service
and facilities described in subdivisions (a) and (b), that the
district nevertheless undertake to provide the described extensions
to the extent that available funding permits.