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Code · STATUTE-COMPILATIONS · Safe, Accountable, Flexible, Efficient Transportation Equity Act: A Legacy for Users · Sec. 1962

Sec. 1962. MULTIMODAL FACILITY IMPROVEMENTS

180 words·~1 min read·/statute-compilations/comps-10915/sec-1962

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## SEC. 1962 MULTIMODAL FACILITY IMPROVEMENTS ###
(a)Authorization of Appropriations The Secretary shall make available from funds in the Highway Trust Fund (other than the Mass Transit Account) $5,000,000 for each of fiscal years 2006 through 2009 for multimodal facility improvements, construction, and ferry acquisition by North Bay Ferry Service, Inc., located at Port Sonoma in Petaluma, California. ###
(b)Contract Authority Funds appropriated to carry out this section shall be available for obligation in the same manner as if the funds were apportioned under chapter 1 of title 23, United States Code, except that such funds shall remain available until expended. ###
(c)Limitation Not more than 50 percent of funds appropriated to carry out this section shall be used for facility improvements and construction. ###
(d)Federal Share The Federal Share of the cost of a facility improvement or construction project under this section shall be 80 percent. ###
(e)Requirement Ferries to which assistance is provided under this section shall be purchased by a United States company that designs and builds vessels in the United States.
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