Text: SF02329 Text: SF02331 Text: SF02300 - SF02399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. NEW SECTION. 331.386 REGIONAL TRANSIT
1 2 DISTRICT AUTHORIZED – DEFINITION – FINANCE AUTHORITY.
1 3 1. DEFINITION. As used in this section, unless the
1 4 context otherwise requires, "regional transit district" means
1 5 a public transit district created pursuant to an agreement
1 6 pursuant to chapter 28E by one or more counties or cities to
1 7 provide support for transportation passengers by one or more
1 8 public transit systems designated under chapter 324A.
1 9 2. REGIONAL TRANSIT DISTRICT CREATED.
1 10 a. One or more counties may create a regional transit
1 11 district consisting of the area of any participating county
1 12 outside cities served by an urban transit system and the
1 13 incorporated area of any participating city. The areas
1 14 included in a regional transit district need not be
1 15 contiguous, but the parties to a chapter 28E agreement
1 16 creating a regional transit district shall include at least
1 17 one county, plus any of the following:
1 18 (1) Any contiguous counties which choose to participate.
1 19 (2) Any cities which choose to participate, provided the
1 20 cities are located within a participating county or within a
1 21 county contiguous to a participating county or to a county
1 22 with at least one participating city.
1 23 b. The governing body of a regional transit district has
1 24 all the rights, powers, privileges, and immunities of a local
1 25 government relating to the purpose for which the regional
1 26 transit district is created. In exercising its powers, the
1 27 governing body may establish a schedule of fares and collect
1 28 fares for the transportation of passengers.
1 29 3. BONDING AUTHORITY.
1 30 a. The establishment, construction, reconstruction,
1 31 repair, equipping, remodeling, extension, maintenance, and
1 32 operation of works, vehicles, and facilities of a regional
1 33 transit district may be financed by revenue bonds as a county
1 34 enterprise pursuant to division IV, part 4.
1 35 b. The establishment, construction, reconstruction,
2 1 repair, equipping, remodeling, extension, maintenance, and
2 2 operation of works, vehicles, and facilities of a regional
2 3 transit district may be financed by general obligation bonds
2 4 as an essential county purpose pursuant to division IV, part
2 5 3.
2 6 Sec. . NEW SECTION. 331.424D REGIONAL TRANSIT
2 7 DISTRICT LEVY.
2 8 The board may levy annually a tax not to exceed ninety-five
2 9 cents per thousand dollars of the assessed value of all
2 10 taxable property in the county within a regional transit
2 11 district but not within the incorporated area of a city.
2 12 However, if a city participating in a regional transit
2 13 district authorizes the board to levy a tax for the regional
2 14 transit district within the city, the tax levy authorized
2 15 pursuant to section 384.12, subsection 10, shall be reduced by
2 16 the tax levy imposed by the county pursuant to the agreement.
2 17 A tax levy imposed pursuant to section 384.12, subsection 10,
2 18 and this section shall not exceed the aggregate of ninety-five
2 19 cents per thousand dollars of the assessed value of all
2 20 taxable property in a participating city. The proceeds of the
2 21 tax levy shall be used for the operation and maintenance of a
2 22 regional transit district and for the creation of a reserve
2 23 fund. The board may divide the territory of a regional
2 24 transit district outside the boundaries of a city into
2 25 separate service areas and impose a separate levy not to
2 26 exceed the maximum rate authorized in this section in each
2 27 service area.
2 28 Sec. . Section 331.441, subsection 2, paragraph b, Code
2 29 Supplement 2001, is amended by adding the following new
2 30 subparagraph:
2 31 NEW SUBPARAGRAPH. (15) The establishment, construction,
2 32 reconstruction, repair, equipping, remodeling, extension,
2 33 maintenance, and operation of works, vehicles, and facilities
2 34 of a regional transit district.
2 35 Sec. . Section 331.461, subsection 2, Code Supplement
3 1 2001, is amended by adding the following new paragraph:
3 2 NEW PARAGRAPH. h. A regional transit district including
3 3 the establishment, construction, reconstruction, repair,
3 4 equipping, remodeling, extension, maintenance, and operation
3 5 of its works, vehicles, and facilities.
3 6 Sec. . Section 384.12, subsection 10, Code 2001, is
3 7 amended to read as follows:
3 8 10. A tax for the operation and maintenance of a municipal
3 9 transit system, and for the creation of a reserve fund for the
3 10 system, in an amount not to exceed ninety-five cents per
3 11 thousand dollars of assessed value each year less the rate of
3 12 tax levied for a regional transit district pursuant to section
3 13 331.424D, when the revenues from the transit system are
3 14 insufficient for such purposes, but proceeds of the tax may
3 15 not be used to pay interest and principal on bonds issued for
3 16 the purposes of the transit system.
3 17 SF 2330
3 18 tj/cc/26
Text: SF02329 Text: SF02331 Text: SF02300 - SF02399 Text: SF Index Bills and Amendments: General Index Bill History: General Index
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