AB 263

Bill Subjects

Abstract

Existing law authorizes the Riverside County Transportation Commission to impose tolls for 50 years on transportation facilities, as defined, on a portion of State Highway Route 91, subject to extension beyond that time if reauthorized by the Legislature, and authorizes toll revenues to be used for capital and operating expenses of the facilities, including debt service, and for related transportation purposes in the Route 91 corridor. Existing law authorizes the commission to issue bonds for the transportation project, as defined, within the Route 91 corridor. This bill would, until January 1, 2020, authorize the Riverside County Transportation Commission to approve and award one best-value design build contract for transportation improvements on the State Highway Route 91 corridor based on criteria established by the commission, as specified.