Section 99262 Of Article 4. Claims For Funds From California Public Utilities Code >> Division 10. >> Part 11. >> Chapter 4. >> Article 4.
99262
. Claims for public transportation systems may include claims
for money for all purposes necessary and convenient to the
development and operation of the system, including planning and
contributions to the transportation planning process, acquisition of
real property, construction of facilities and buildings, purchase and
replacement of vehicles (including those usable by disabled
persons), and system operation, maintenance, and repair, payment for
any of which purposes may take the form of direct expenditures or
payment of principal and interest on equipment trust certificates,
bonded or other indebtedness, or any amounts in accomplishment of a
defeasance of any outstanding revenue bond indenture.