Section 90504 Of Article 6. Indebtedness From California Public Utilities Code >> Division 10. >> Part 8. >> Chapter 6. >> Article 6.
90504
. The district may accept, without limitation by any other
provisions of this act requiring approval of indebtedness,
contributions or loans from the United States, this state, or any
department, instrumentality, or agency of either 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, this
state, or any department, instrumentality, or agency of either
thereof, in the acquisition, construction, maintenance, and
operation, and in financing the acquisition, construction,
maintenance, and operation, of any such transit facilities in
accordance with any legislation which Congress or the Legislature of
the State of California may have heretofore adopted or may hereafter
adopt, under which aid, assistance, and cooperation may be furnished
by the United States or this state in 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 or state
legislation now or hereafter enacted. Any evidence of indebtedness
issued under this section shall constitute a negotiable instrument.