Metropolitan Transportation Commission Meeting Agenda 2026-05-27
MTC to Execute AB 117 Loan with State
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Description
Under Resolution No. 4782, the Metropolitan Transportation Commission plans to enter into a loan agreement with the State of California pursuant to AB 117 (2026), creating a financing mechanism for Bay Area transit agencies. The agreement specifies loan conditions and will enable downstream sub-loans to local operators.
Contract Details
Vendor
STATE OF CALIFORNIA
Agency
Metropolitan Transportation Commission, CA
Contract Type
FINANCIAL_SERVICES
Document Date
May 27, 2026
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