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MARVIN MANDEL, Governor 543
THE BOARD.
20. ACQUISITION OF FACILITIES FROM FEDERAL OR OTHER
AGENCIES.
(A) THE AUTHORITY IS AUTHORIZED TO ACQUIRE BY
PURCHASE, LEASE OR GRANT OR IN ANY MANNER OTHER THAN
CONDEMNATION, FROM THE FEDERAL GOVERNMENT, OR ANY AGENCY
THEREOF, FROM THE DISTRICT OF COLUMBIA, MARYLAND OR
VIRGINIA, OR ANY POLITICAL SUBDIVISION OR AGENCY THEREOF,
ANY TRANSIT AND RELATED FACILITIES, INCLUDING REAL AND
PERSONAL PROPERTY AND ALL OTHER ASSETS, LOCATED WITHIN
THE ZONE, WHETHER IN OPERATION OR UNDER CONSTRUCTION.
SUCH ACQUISITION SHALL BE HADE UPON SUCH TERMS AND
CONDITIONS AS MAY BE AGREED UPON AND SUBJECT TO SUCH
AUTHORIZATION OR APPROVAL BY THE CONGRESS AND THE
GOVERNING BODY OF THE DISTRICT OF COLUMBIA, AS MAY BE
REQUIRED; PROVIDED, HOWEVER, THAT IF SUCH ACQUISITION
IMPOSES OR MAY IMPOSE ANY FURTHER OR ADDITIONAL
OBLIGATION OR LIABILITY UPON THE WASHINGTON SUBURBAN
TRANSIT DISTRICT, THE NORTHERN VIRGINIA TRANSPORTATION
DISTRICT, OR ANY COMPONENT GOVERNMENT THEREOF, UNDER ANY
CONTRACT WITH THE AUTHORITY, THE AUTHORITY SHALL NOT MAKE
SUCH ACQUISITION UNTIL ANY SUCH AFFECTED CONTRACT HAS
BEEN APPROPRIATELY AMENDED.
(B) FOR SUCH PURPOSE, THE AUTHORITY IS AUTHORIZED
TO ASSUME ALL LIABILITIES AND CONTRACTS RELATING THERETO,
TO ASSUME RESPONSIBILITY AS PRIMARY OBLIGOR, ENDORSER OR
GUARANTOR ON ANY OUTSTANDING REVENUE BONDS, EQUIPMENT
TRUST CERTIFICATES OR OTHER FORM OF INDEBTEDNESS
AUTHORIZED IN THIS TITLE ISSUED BY SUCH PREDECESSOR
AGENCY OR AGENCIES AND, IN CONNECTION THEREWITH, TO
BECOME A PARTY TO, AND ASSUME THE OBLIGATIONS OF, ANY
INDENTURE OR LOAN AGREEMENT UNDERLYING OR ISSUED IN
CONNECTION WITH ANY OUTSTANDING SECURITIES OR DEBTS.
21. TEMPORARY BORROWING.
THE BOARD MAY BORROW, IN ANTICIPATION OF RECEIPTS,
FROM ANY SIGNATORY, THE WASHINGTON SUBURBAN TRANSIT
DISTRICT, THE NORTHERN VIRGINIA TRANSPORTATION DISTRICT
OR ANY COMPONENT GOVERNMENT THEREOF, OR FROM ANY LENDING
INSTITUTION FOR ANY PURPOSES OF THIS TITLE, INCLUDING
ADMINISTRATIVE EXPENSES. SUCH LOANS SHALL BE FOR A TERM
NOT TO EXCEED TWO YEARS AND AT SUCH RATES OF INTEREST AS
SHALL BE ACCEPTABLE TO THE BOARD. THE SIGNATORIES AND
ANY SUCH POLITICAL SUBDIVISION OR AGENCY MAY, IN ITS
DISCRETION, HAKE SUCH LOANS FROM ANY AVAILABLE MONEY.
22. FUNDING.
THE BOARD SHALL NOT CONSTRUCT OR ACQUIRE ANY OF THE
TRANSIT FACILITIES SPECIFIED IN A MASS TRANSIT PLAN
ADOPTED PURSUANT TO THE PROVISIONS OF ARTICLE VI OF THIS
TITLE, OR IN ANY ALTERATION, REVISION OR AMENDMENT
THEREOF, NOR MAKE ANY COMMITMENTS OR INCUR ANY
OBLIGATIONS WITH RESPECT THERETO UNTIL FUNDS ARE
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