Section 102240.5 - Transit-oriented joint development projects(a) As used in this section, "transit-oriented joint development project" means a development project for commercial, residential, or mixed-use purposes that is undertaken in connection with existing, planned, or proposed transit facilities and is located one-fourth mile or less from the exterior boundary of the parcel on which that facility is located.(b) The district may take by gift, or take or convey by grant, purchase, devise, or lease, and hold and enjoy, real and personal property of every kind within the district necessary for, incidental to, or convenient for, transit-oriented joint development projects.(c) Any transit-oriented joint development project undertaken pursuant to this section shall be consistent with the general plan, any applicable specific plan, any applicable transit village plan, and the land-use and development ordinances of the city or county in which the project is located.(d) The district may not exercise its power of eminent domain in order to make an acquisition under this section.(e)(1) Prior to exercising the authority granted under this section, the district shall prepare, and shall adopt at a public hearing, written policies and procedures implementing this section.(2) The district shall invite public comment during the preparation and adoption of the policies and procedures required under paragraph (1), including, but not limited to, soliciting the input of community members and organizations and publishing notice of the public hearing in a newspaper of general circulation.(f) This section applies only to acquisitions related to transit-oriented joint development projects and does not expand the district's existing powers.Ca. Pub. Util. Code § 102240.5
Added by Stats 2001 ch 280 (SB 655), s 1, eff. 1/1/2002.