SECTIONS 130510-130519 - California Statutes

PUBLIC UTILITIES CODE

SECTION 130510-130519

130510. Unless the context otherwise requires, the definitions in
this article govern the construction of this chapter.

130511. "Bonds" means indebtedness and securities of any kind or
class, including bonds, notes, bond anticipation notes, commercial
paper, and other obligations.

130512. "Commission" means the Los Angeles County Transportation
Commission created pursuant to Section 130050 and any board,
commission, department, or officer succeeding to the functions
thereof or to whom the powers conferred upon the commission by this
division is granted by law.

130513. "Cost," as applied to a project or portion thereof financed
under this chapter, means all or any part of the cost of
construction and acquisition of all real or personal property,
rights, rights-of-way, franchises, easements, and interests acquired
or used for a project, the cost of demolishing or removing any
structures on land so acquired, including the cost of acquiring any
land to which the structures may be removed, the cost of all
machinery and equipment, vehicles, rolling stock, financing charges,
interest prior to, during, and for a period after completion of
construction as determined by the commission, provisions for working
capital, reserves for principal and interest, and for extensions,
enlargements, additions, replacements, renovations, and improvements,
the cost of architectural, engineering, financial, and legal
services, plans, specifications, estimates, and administrative
expenses, and other expenses necessary or incidental to the
determination of the feasibility of constructing any project or
incidental to the construction, acquisition, or financing of any
project.

130514. "Notes" means notes and agreements relating thereto, bond
anticipation notes, and commercial paper.

130515. "Transit project" or "project" means real and personal
property, including, but not limited to, land, structures and all
improvements thereto, works, vehicles, rolling stock, rights-of-way,
easements, rail lines, rail beds, stations, platforms, switches,
yards, terminals, parking facilities, other facilities adjacent to or
nearby rail transit stations which are designed to be used in
conjunction with the station, and any and all other facilities or
equipment necessary or convenient for the provision of transit
service, whether under, on, or above the ground, including public
streets, highways, bridges, or other public ways or waterways,
together with all physical structures necessary or convenient for the
access of persons and vehicles thereto.

130516. "Public agency" means any state agency, department, board,
or commission, any county, city, regional agency, district, or other
political subdivision.

130517. "Public transit purposes," as used in this chapter and in
Section 130354, includes a pledge of transactions and use tax
revenues to secure any bonds issued pursuant to this chapter, the
payment or provision for payment of the principal of the bonds and
any premium, interest on the bonds, and the costs of issuance of the
bonds.

130518. "Revenues" means all rents, receipts, purchase payments,
and all other income or receipts derived by the commission, whether
from fares, the sale, lease, or other disposition of transit
facilities or projects or otherwise, and any income or revenue
derived from the investment of any money in any fund or account of
the commission.

130519. (a) The "Los Angeles Metro Rail project" means an 18.6 mile
rail line and necessary support facilities and equipment as
described in the June 1983 Environmental Impact Statement and
Environmental Report, Los Angeles Rail Rapid Transit Project, Metro
Rail.
(b) The "initial segment of the Los Angeles Metro Rail project"
means that portion of the project which the United States Department
of Transportation has approved and committed federal funds for
initial construction.