Article 7. Indebtedness of California Public Utilities Code >> Division 10. >> Part 2. >> Chapter 6. >> Article 7.
The district may accept, subject to the procedures and
limitations provided in Chapter 8 of this part, contributions or
loans from the United States, or any department, instrumentality, or
agency thereof, for the purpose of financing the acquisition,
construction, maintenance, and operation of transit facilities, and
may enter into contracts and cooperate with, and accept cooperation
from, the United States, or any department, instrumentality, or
agency thereof, in the acquisition, construction, maintenance, and
operation, of any such transit facilities in accordance with any
legislation which Congress may have heretofore adopted or may
hereafter adopt, under which aid, assistance, and cooperation may be
furnished by the United States in the acquisition, construction,
maintenance, and operation or in financing the acquisition,
construction, maintenance, and operation of any such transit
facilities. The district may do any and all things necessary in order
to avail itself of such aid, assistance, and cooperation under any
federal legislation now or hereafter enacted. Any evidence of
indebtedness issued under this section shall constitute a negotiable
instrument.
The district may cooperate with and enter into agreements
with the State of California or any public agency for the
acquisition, construction, completion, maintenance, operation, or
repair, joint or otherwise, and in whole or in part, of transit
facilities. In connection with any such cooperation or contract, the
State or any public agency may make public contributions to the
district as in the judgment of the Legislature, or the governing
board of the agency, are necessary or proper for its undertaking, and
the district may reimburse the State or public agency for any such
advance or contribution from the proceeds of the sale of bonds or any
other funds available to the district, except that any agreement
requiring reimbursement of contributions or advances by obligating
the district to incur an indebtedness will be subject to the
procedures and limitations provided in Chapter 8 of this part. The
State or any public agency may also authorize, aid and assist the
district to carry out any activity which the State or public agency
is by law authorized to perform and carry out on its own behalf.