Section 93020 Of Chapter 3. Powers And Duties Of Authority From California Government Code >> Title 12. >> Chapter 3.
93020
. The authority has all of the following powers:
(a) To acquire, own, operate, and lease real and personal property
reasonably related to the operation and maintenance of railroads.
(b) To issue revenue bonds pursuant to Section 93024 for any
purpose of the authority.
(c) To acquire property by purchase, lease, gift, or through
exercise of the power of eminent domain.
(d) To operate railroads, including those outside its boundaries
in order to connect its lines with the lines of another railroad
corporation.
(e) To accept grants or loans from state or federal agencies.
(f) To select a franchisee, which may be a public or private
entity, to acquire or operate a rail transportation system within the
area of the authority's jurisdiction.