Section 30702 Of Article 7. Indebtedness From California Public Utilities Code >> Division 10. >> Part 3. >> Chapter 5. >> Article 7.
30702
. The district may cooperate with and enter into agreements
with the State of California or any public agency for the
acquisition, construction, development, joint development,
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 advance or contribution from the proceeds of
the sale of bonds or any other funds available to the district. 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 authorized to perform and carry out on its own behalf. 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).