TO: AC Transit Board of Directors
FROM: Denise C. Standridge, General Counsel
SUBJECT: Transit District Law
ACTION ITEM
RECOMMENDED ACTION(S):
Title
Consideration of recommendations regarding proposed amendments to Transit District Law.
Body
STRATEGIC IMPORTANCE:
Goal - Financial Stability and Resiliency
This report and corresponding recommendations for proposed amendments to Transit District Law are intended to update, streamline and provide additional flexibility to the District in providing transportation services to the public. The recommendations contained in this report include updated language, repeal of language that is not applicable, clarification of voting requirements and the ability to issue debt for multi-year periods.
BUDGETARY/FISCAL IMPACT:
The recommended changes to legislation could streamline the process for issuing debt, but will have little, if any, fiscal impact in the short term.
BACKGROUND/RATIONALE:
The Board has requested a report and recommendations regarding proposed changes to the District's enabling legislation in accordance with the guidance given at the May 29, 2019 retreat. The Board's direction as described in the minutes and proposed changes appear below. Words or phrases to be deleted are in strikeout type, and words or phrases to be added are in italics.
1. PUC ? 24534-Publishing requirements; newspaper of general circulation. Board direction: Add publishing on the District's website as form of publication.
Recommend amending ? 24533 to read as follows:
24533. Except as otherwise provided in this part all ordinances and notices which are required to be published shall be published within the district pursuant to Section 6066 of the Government Code or on the district's website.
Repeal ? 24534, which reads:
Whenever in this part publication is required and there is no newspaper of general circulation published within the district, the publication may be made in a newspaper of ge...
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