Section 29241 Of Article 6. Revenue Bonds From California Public Utilities Code >> Division 10. >> Part 2. >> Chapter 8. >> Article 6.
29241
. The district is hereby declared to be a local agency within
the meaning of the Revenue Bond Law of 1941. The term "enterprise" as
used in the Revenue Bond Law of 1941 shall for all purposes of this
part include rapid transit facilities and any and all parts thereof
and all additions, extensions and improvements thereto and all other
facilities authorized to be acquired, constructed or completed by the
district under this part. The district may issue revenue bonds under
such law for any one or more facilities or enterprises authorized to
be acquired, constructed or completed by the district, or in the
alternative, may issue revenue bonds under such law for the
acquisition, construction and completion of any one of such
facilities and also issue bonds payable from assessments in
accordance with the procedure provided by this part for any other of
such facilities. Nothing in this part contained shall prevent the
district from availing itself of, or making use of, any procedure
provided hereunder for the issuance of bonds of any type or character
for any of the facilities or works authorized hereunder, and all
such proceedings may be carried on simultaneously or, in the
alternative, as the directors may determine.