Section 29080 Of Article 7. Indebtedness From California Public Utilities Code >> Division 10. >> Part 2. >> Chapter 6. >> Article 7.
29080
. 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.