Section 30961.1 Of Chapter 4.3. Metropolitan Transportation Commission From California Streets And Highways Code >> Division 17. >> Chapter 4.3.
30961.1
. Not later than December 31, 2005, the California
Transportation Commission, in consultation with the department and
the authority, shall adopt a schedule for the payment of the
remaining state contributions identified in Sections 188.5 and 188.6
for the toll bridge seismic retrofit and replacement projects
identified in Section 188.5. The schedule shall include the timing
and sources of the state contributions to the state toll bridge
seismic retrofit and replacement program. The schedule shall provide
for the state contributions to be made available for expenditure
commencing in the fiscal year 2005-06, and in a manner that
distributes the state contributions over the years during which
construction of the toll bridge seismic retrofit and replacement
program occurs, ensures that the state contributions provide a timely
balance between those sources and the contribution from toll
revenues, and, to the extent possible, minimizes the impact on state
transportation programs. The schedule shall include and make
available for expenditure, the state contribution identified in
subparagraph (B) of paragraph (8) of subdivision (b) of Section 188.5
commencing in fiscal year 2008-09, and shall distribute it over that
fiscal year and each of the fiscal years during which construction
of the state toll bridge seismic retrofit and replacement program
occurs. The California Transportation Commission, in consultation
with the department and the authority, may update and revise the
schedule as it determines is necessary.