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Current through October 23, 2012
(a) Insofar as practicable, and consistent with the provision of adequate service at reasonable fares, the rates and fares and service shall be fixed by the Department, so as to result in revenues that shall:
(1) Pay the operating expenses and provide for repairs, maintenance, and depreciation of the DC Circulator vehicles or other assets owned or controlled by the District;
(2) Provide for payment of all principal and interest on outstanding revenue bonds; and
(3) Provide funds for any purpose the Department considers necessary and desirable to carry out the purposes of this section.
(b) Nothing in subsection (a) of this section shall prevent the Department from offering tickets at no cost or at discounted prices as part of the Department's marketing of the DC Circulator.
(May 21, 2002, D.C. Law 14-137, § 11d, as added Mar. 6, 2007, D.C. Law 16-225, § 3(e), 53 DCR 10232.)
HISTORICAL AND STATUTORY NOTES
Temporary Addition of Section
For temporary (225 day) addition, see § 3(d) of District Department of Transportation DC Circulator Temporary Amendment Act of 2006 (D.C. Law 16-134, June 16, 2006, law notification 53 DCR 5762).
Emergency Act Amendments
For temporary (90 day) addition, see § 3(d) of District Department of Transportation DC Circulator Emergency Amendment Act of 2006 (D.C. Act 16-321, March 23, 2006, 53 DCR 2557).
For temporary (90 day) addition, see § 3(e) of District Department of Transportation DC Circulator Congressional Review Emergency Amendment Act of 2007 (D.C. Act 17-3, January 16, 2007, 54 DCR 1439).
Legislative History of Laws
For Law 16-225, see notes following § 50-921.31.
