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Session Laws, 1965
Volume 676, Page 1410   View pdf image (33K)
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1410                              LAWS OF MARYLAND                       [CH. 869

(c) Any equipment or facilities acquired, constructed, re-
constructed or improved with the proceeds of such grants or loans
shall be owned by the Authority and may be made available to private
carriers only by lease or other agreement which contain provisions
acceptable to the Housing and Home Finance Administrator assuring
that the Authority will have satisfactory continuing control over
the use of such facilities and equipment.

Article XIII

Jurisdiction; Rates and Service
317-59. Washington Metropolitan Area Transit Commission

Except as provided herein, this Title shall not affect the functions
and jurisidiction of WMATC, as granted by Titles I and II of this
Compact, over the transportation therein specified and the persons
engaged therein and the Authority shall have no jurisdiction with
respect thereto.

317-60. Public Facilities

Service performed by transit facilities owned OR CONTROLLED
by the Authority, and the rates and fares to be charged for such
service, shall be subject to the sole and exclusive jurisdiction of the
Board and, notwithstanding any other provision in this Compact
contained, WMATC shall have no authority with respect thereto, or
with respect to any Contractor operating
IN CONNECTION WITH
THE OPERATION BY IT OF transit facilities owned OR CON-
TROLLED by the Authority. The determinations of the Board with
respect to such matters shall not be subject to judicial review nor to
the processes of any court.

317-61. Standards

Insofar as practicable, and consistent with the provision of ade-
quate service at reasonable fares, the rates and fares and service
shall be fixed by the Board so as to result in revenues which will:

(a)    pay the operating expenses and provide for repairs, main-
tenance and depreciation of the transit system owned
OR CON-
TROLLED by the Authority;

(b)    provide for payment of all principal and interest on outstand-
ing revenue bonds and other obligations and for payment of all
amounts to sinking funds and other funds as may be required by
the terms of any indenture or loan agreement;

(c)    provide for the purchase, lease or acquisition of rolling stock,
including provisions for interest, sinking funds, reserve funds, or
other funds required for the payment of any obligations incurred
by the Authority for the acquisition of rolling stock; and

(d)    provide funds for any purpose the Board deems necessary
and desirable to carry out the purposes of this Title.

317-62. Hearings

(a) The Board shall not make or change any fare or rate, nor
establish or abandon any service except after holding a public hear-
ing with respect thereto.


 

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Session Laws, 1965
Volume 676, Page 1410   View pdf image (33K)
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