Cal. Sts. & Hy. Code § 30958

Current through the 2024 Legislative Session.
Section 30958 - Retention of amount for cost in administering article

After payments for debt service on outstanding bonds, and the costs for the operation and maintenance expenses set forth in Section 30952 are provided for, and after all direct operating costs of the authority are provided for, the authority may retain, for its cost in administering this article, an amount not to exceed 1 percent of the gross annual bridge revenues.

Ca. Sts. and High. Code § 30958

Amended by Stats 2003 ch 715 (SB 916),s 85, eff. 1/1/2004.