Under existing law, if authorized by their legislative or other governing bodies, 2 or more public agencies, by agreement, may jointly exercise any power common to the contracting parties.
This bill would specifically authorize the establishment of a joint powers authority to facilitate, and generate funding for, the reactivation of the San Diego and Arizona Eastern Railway Project, as prescribed. These provisions would be repealed on January 1, 1997, unless the joint powers authority is in existence on June 1, 1996.