Section 30701 Of Article 7. Indebtedness From California Public Utilities Code >> Division 10. >> Part 3. >> Chapter 5. >> Article 7.
30701
. The district may accept contributions or loans from the
United States, or any department, instrumentality, or agency thereof,
for the purpose of financing the acquisition, construction,
development, joint development, 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,
development, joint development, maintenance, and operation of any
transit facilities in accordance with any legislation which Congress
may have adopted or may hereafter adopt, under which aid, assistance,
and cooperation may be furnished by the United States in the
acquisition, construction, development, joint development,
maintenance, and operation or in financing the acquisition,
construction, development, joint development, maintenance, and
operation of any transit facilities. The district may do any and all
things necessary, within the limitations imposed by this part or by
any indebtedness created pursuant to this part, in order to avail
itself of the aid, assistance, and cooperation under any federal
legislation now or hereafter enacted. Any bonds, notes, equipment
trust certificates, or like evidences of indebtedness issued for a
purpose authorized by this section shall be issued in accordance with
Chapter 7 (commencing with Section 30900).