AgdaPkt 2003-04-28 - Laserfiche WebLink

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SB 916 Senate Bill - AMENDED operating leases or rents, Including, but not limited to, automobile parking, retail and facility use leases, and rentals earned from the parcels and the facilities on the parcels, to fund the operating and maintenance costs of the existing transbay transit terminal and any replacement structure or structures resulting from the construction of a new transbay transit terminal. If the proceeds are insufficient to fully fund the operating and replacement structure or structures, the TJPA may request an allocation of toll revenues administered by the Bay Area Toll Authority, in the following amounts, for the purpose of funding those operation and maintenance expenses: (a) For the first year, an amount of not more than three million dollars ($3,000,000). (b) For the second and subsequent years, to the extent that funds 'are available in the annual budget of the Bay Area Toll Authority, the TJPA may file an application with the Bay Area Toll Authority for an annual amount of not more than three million dollars ($3,000,000), plus a request for an annual adjustment increase of not more than 3.5 percent. SEC. 3. Section 182.5 of the Streets and Highways Code is amended to read: 182.5. (a) It is the intent of the Legislature that the transition to the new programs and procedures established in the bill enacting this section shall be fair and equitable and minimize disruptions in the delivery of projects. With specific reference to the transition from county minimums to county shares for regional improvement, no project should be counted twice, no project that would be counted under either the old or new procedures should escape being counted in the transition, shares should be sufficient to fund projects programmed in the 1996 State Transportation Improvement Program for the same period, no incentive or reward should be provided for delaying a project, and no incentive or reward should be provided for allocating funds to a project earlier than the year in which the funds are needed for the project. (b) At the end of the fiscal year ending June 30, 1998, the county minimums and county minimum deficits shall be recalculated under the law as it existed prior to the enactment of the bill adding this section.. (c) Notwithstanding Section 169, there shall be set aside sufficient funding for every project that is included in the 1996 State Transportation Improvement Program. This funding shall be set aside in the fund estimate prior to and in addition to the dist-ibution of funding between programs pursuant to Section 169. (d) The amount of the cumulative county minimum deficit calculated for any county pursuant to subdivision (b) shall be carried forward as a county share for the 1998 State Transportation Improvement Program, prior to and in addition to the computation of county shares pursuant to subdivision (a) of Section 188.8. (a) The commission shall not allocate funds for any project unless the commission has programmed the state transportation improvement program in a manner that complies with the requirements of Sections 188, 188.8, and 188.11. (f) Notwithstanding subdivision (a), for a county within the region defined by Section 66502 of the Government Code where funds were traded in the 1996 State Transportation Improvement Program to another county in that region, the county share for that county for the 1998 State Transportation Improvement Program shall be increased by the amount of the trade in the 1996 State Transportation Improvement Program, as if the share were a county minimum deficit under subdivision (d). (g) In adopting the 1998 State Transportation Improvement Program, Page 3 of 29 q. D -11