Kings County Residents Ask California Supreme Court to Overturn Approval of High-Speed Rail Bonds
Quote:The Kings County plaintiffs are challenging a ruling in which a state Court of Appeal panel in Sacramento upheld the bond plan on July 31. They contend the rail authority’s action violates the 2008 proposition in two ways. First, they allege, the measure required a funding plan for the full $31 billion cost of a 300-mile stretch known as the initial operating section, extending from Merced to the San Fernando Valley, and not just the smaller segment. The second claim concerns a requirement that a bond finance committee made up of top state financial officials must find the actual issuing of bonds to be “necessary and desirable.”
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sfappeal.com]