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HIGH-SPEED PASSENGER TRAIN FINANCE COMMITTEE RESOLUTION VII (2011)

HIGH-SPEED PASSENGER TRAIN FINANCE COMMITTEE RESOLUTION VII (2011)-2025

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The document is a resolution by the High-Speed Passenger Train Finance Committee, known as Resolution VII (2011), which authorizes the issuance of bonds and commercial paper notes to fund high-speed passenger train projects in California. It amends previous resolutions to allow for an additional $130 million in bond issuance, ensuring compliance with state laws and financial regulations. The resolution outlines the terms for issuing these obligations, including definitions, authorization processes, payment structures, and legal provisions related to the bonds. It emphasizes the state's commitment to providing safe and reliable high-speed rail services while managing financial responsibilities.

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Click ‘Get Form’ to open the HIGH-SPEED PASSENGER TRAIN FINANCE COMMITTEE RESOLUTION VII (2011) in the editor.
Begin by reviewing the introductory section, which outlines the purpose of the resolution and its legal context. This will help you understand the significance of each component.
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Proceed to complete sections regarding bond amounts and terms. Carefully input figures related to principal amounts not exceeding $480,800,000 as specified in the resolution.
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