DOCSLIB.ORG

$400,000,000 San Francisco Bay Area Rapid Transit District General Obligation Bonds (Election of 2004), 2007 Series B Ubs Invest

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
$400,000,000 San Francisco Bay Area Rapid Transit District General Obligation Bonds (Election of 2004), 2007 Series B Ubs Invest NEW ISSUE — BOOK-ENTRY ONLY RATINGS: S&P: AAA Moody’s: Aa1 Fitch: AAA See “Ratings” herein. In the opinion of Orrick, Herrington & Sutcliffe LLP and of Lofton & Jennings, Co-Bond Counsel to the District, based upon an analysis of existing laws, regulations, rulings and court decisions and assuming, among other matters, the accuracy of certain representations and compliance with certain covenants, interest on the Bonds is excluded from gross income for federal income tax purposes under Section 103 of the Internal Revenue Code of 1986 and is exempt from State of California personal income taxes. In the opinion of Co-Bond Counsel, interest on the Bonds is not a specific preference item for purposes of the federal individual or corporate alternative minimum taxes, although Co-Bond Counsel observe that such interest is included in adjusted current earnings in calculating corporate alternative minimum taxable income. Co-Bond Counsel express no opinion regarding any other tax consequences related to the ownership or disposition of, or the accrual or receipt of interest on, the Bonds. See “TAX MATTERS” herein. $400,000,000 SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT GENERAL OBLIGATION BONDS (ELECTION OF 2004), 2007 SERIES B Dated: Date of Delivery Due: August 1, as shown below The San Francisco Bay Area Rapid Transit District General Obligation Bonds (Election of 2004), 2007 Series B (the “Bonds”) are deliverable in fully registered form and, when issued, will be registered in the name of Cede & Co., as nominee of The Depository Trust Company, New York, New York (“DTC”). Individual purchases of Bonds will be made in principal amounts of $5,000 and integral multiples thereof and will be in book-entry form only. Purchasers of Bonds will not receive bonds representing their beneficial ownership in the Bonds but will receive a credit balance on the books of their respective DTC Direct Participants or DTC Indirect Participants. The Bonds will not be transferable or exchangeable except for transfer to another nominee of DTC or as otherwise described herein. Interest on the Bonds, which is payable on February 1 and August 1 of each year, commencing February 1, 2008, and principal on the Bonds is payable by The Bank of New York Trust Company, N. A., as paying agent (the “Paying Agent”), to Cede & Co., and such interest and principal payments are to be disbursed to the beneficial owners of the Bonds through their respective DTC Direct Participants or DTC Indirect Participants. The Bonds are general obligations of the San Francisco Bay Area Rapid Transit District (the “District”), payable from and secured solely by ad valorem taxes upon all property subject to taxation by the District, without limitation as to rate or amount (except for certain personal property which is taxable at limited rates) levied in Alameda and Contra Costa Counties and the City and County of San Francisco, as more fully described herein. No other revenues of the District are pledged to the payment of the Bonds. The Bonds are subject to optional and mandatory redemption prior to maturity as described herein. The Bonds are being sold to the ABAG Finance Authority for Nonprofit Corporations (the “Authority”) and will be simultaneously resold to the underwriters identified below. This cover page contains certain information for reference only. It is not a summary of this issue. Investors must read the entire Official Statement to obtain information essential to the making of an informed investment decision. MATURITY SCHEDULE $135,550,000 SERIAL BONDS Maturity Maturity Date Principal Interest Date Principal Interest August 1 Amount Rate Yield CUSIP1 August 1 Amount Rate Yield CUSIP1 2009 $15,230,000 3.600% 3.600% 797661RF4 2020 $ 6,350,000 5.000% 4.260%2 797661RU1 2009 5,260,000 4.000 3.600 797661RG2 2021 170,000 4.375 4.400 797661RV9 2010 5,240,000 4.000 3.650 797661RH0 2021 7,440,000 5.000 4.2802 797661RW7 2011 405,000 3.700 3.700 797661RJ6 2022 200,000 4.400 4.450 797661RX5 2012 900,000 3.750 3.750 797661RK3 2022 8,445,000 5.000 4.3002 797661RY3 2013 1,435,000 4.000 3.830 797661RL1 2023 250,000 4.450 4.480 797661RZ0 2014 2,010,000 4.000 3.920 797661RM9 2023 9,505,000 5.000 4.3302 797661SA4 2015 2,640,000 4.000 3.980 797661RN7 2024 250,000 4.500 4.500 797661SB2 2016 3,315,000 4.000 4.070 797661RP2 2024 10,700,000 5.000 4.3402 797661SC0 2017 4,050,000 4.100 4.130 797661RQ0 2025 12,230,000 5.000 4.3602 797661SD8 2018 4,840,000 4.125 4.200 797661RR8 2026 13,610,000 5.000 4.3802 797661SE6 2019 5,690,000 4.250 4.290 797661RS6 2027 15,085,000 5.000 4.4002 797661SF3 2020 300,000 4.250 4.350 797661RT4 $101,520,000 5.000% Term Bonds due August 1, 2032 to Yield 4.460%2 CUSIP1: 797661SG1 $86,500,000 5.000% Term Bonds due August 1, 2035 to Yield 4.490%2 CUSIP1: 797661SH9 $76,430,000 4.750% Term Bonds due August 1, 2037 to Yield 4.750% CUSIP1: 797661SJ5 The Bonds are offered when, as and if issued and received by the Underwriters, subject to the approving legal opinion of Orrick, Herrington & Sutcliffe LLP, San Francisco, California, and Lofton & Jennings, San Francisco, California, Co-Bond Counsel to the District. Certain legal matters will be passed upon for the Underwriters by Nixon Peabody LLP; for the District by its General Counsel; by Squire, Sanders & Dempsey L.L.P., San Francisco, California, and Alexis S. M. Chiu, Esq., San Francisco, California, Co-Disclosure Counsel to the District; and for the Authority by Jones Hall, A Professional Law Corporation. The Bonds are expected to be delivered through DTC on or about August 2, 2007. UBS INVESTMENT BANK MORGAN STANLEY Backstrom McCarley Berry & Co., LLCJackson Securities Siebert Brandford Shank & Co., LLC The date of this Official Statement is July 25, 2007. 1 Copyright 2007, American Bankers Association. CUSIP numbers are provided by Standard & Poor’s, CUSIP Service Bureau, a division of The McGraw-Hill Companies, Inc. and are set forth for convenience only. Neither the District, nor the Authority nor the Underwriters take any responsibility for the accuracy of such CUSIP numbers. 2 Yield calculated to first optional redemption date of August 1, 2017 at 100% of the principal amount, plus accrued interest thereon, without premium. Hwy To BART System Map 80 Sacramento Rodeo Pinole To North Stockton Hercules Hwy Martinez Concord/ Pittsburg/ 4 P Martinez Bay Point P Antioch Hwy Hwy Hwy 80 680 4 Larkspur Concord P San Corte Pablo Madera T Clayton P Richmond Hwy El Cerrito del Norte P Pleasant Hill P Mill 101 Valley El Cerrito Plaza P Hwy North Walnut Creek P 1 Downtown Berkeley P Berkeley Lafayette P Orinda P E Sausalito P Hwy Ashby 24 A West Rockridge P P Oakland S MacArthur (Transfer Station) P Embarcadero 19th St/Oakland T Danville Montgomery St Oakland City Center/12th St (Transfer Station) Powell St Lake Merritt P San Hwy Ramon P B Civic Center 80 Fruitvale San Coliseum/ 16th St Mission P A Francisco Oakland Airport 24th St Mission T AirBART San Leandro P Y Shuttle Dublin/ To Balboa Park P Tracy/ (Transfer Bay Fair P Dublin Pleasanton Stockton Station) Glen Oakland (Transfer Park P International Station) Hwy Airport 580 P Daly Castro Valley P Livermore City South Hwy San San Hayward P 680 P Colma Francisco Francisco Pleasanton P International Hwy South Hayward P Hwy 92 1 San Airport (SFO) P Bruno Hwy 880 Union City P Millbrae P Pacifica T Hwy 680 Fremont Foster Fremont P City Hwy BART Richmond– 84 Irvington Daly City BART Fremont–Daly City Warm Newark Springs BART Richmond–Fremont Hwy 101 BART Pittsburg/Bay Point– Daly City Hwy Hwy Norman Y. BART Dublin/Pleasanton– 280 237 Mineta SFO/Millbrae Santa San Jose Clara International San Joaquin (Amtrak) Airport ACE (Altamont Commuter Express) T San Caltrain P BART Parking Jose N Capitol Corridor (Amtrak) Regional Rail T Transfer Point To © BART 08/2005 (V9/04) Gilroy SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT 300 Lakeside Drive, 23rd Floor Oakland, California 94612 (510) 464-6000 BOARD OF DIRECTORS Lynette Sweet Gail Murray President Vice President Thomas M. Blalock Zoyd Luce James Fang Tom Radulovich Bob Franklin Carole Ward Allen Joel Keller OFFICERS Dorothy W. Dugger – Interim General Manager Scott L. Schroeder – Controller/Treasurer Kenneth A. Duron – District Secretary GENERAL COUNSEL Sherwood G. Wakeman, Esq. PAYING AGENT The Bank of New York Trust Company, N. A. San Francisco, California CO-BOND COUNSEL Orrick, Herrington & Sutcliffe LLP San Francisco, California Lofton & Jennings San Francisco, California CO-DISCLOSURE COUNSEL Squire, Sanders & Dempsey L.L.P. San Francisco, California Alexis S. M. Chiu, Esq. San Francisco, California FINANCIAL ADVISOR Public Financial Management, Inc. San Francisco, California (This page intentionally left blank) TABLE OF CONTENTS Page INTRODUCTION .......................................................................................................................................1 THE BONDS ...............................................................................................................................................2 Purpose and Application of Proceeds .............................................................................................2 Authority for Issuance.....................................................................................................................2 Description of the Bonds ................................................................................................................2 Book-Entry Only System................................................................................................................2
Load more

Recommended publications
  • Transit Information Rockridge Station Oakland
    B I R C H C T Transit N Transit Information For more detailed information about BART W E service, please see the BART schedule, BART system map, and other BART information displays in this station. S Claremont Middle Stops OAK GROVE AVE K Rockridge L School San Francisco Bay Area Rapid Schedule Information e ective February 11, 2019 Fares e ective May 26, 2018 A Transit (BART) rail service connects W 79 Drop-off Station the San Francisco Peninsula with See schedules posted throughout this station, or pick These prices include a 50¢ sur- 51B Drop-off 79 Map Key Oakland, Berkeley, Fremont, up a free schedule guide at a BART information kiosk. charge per trip for using magnetic E A quick reference guide to service hours from this stripe tickets. Riders using (Leave bus here to Walnut Creek, Dublin/Pleasanton, and T transfer to 51A) other cities in the East Bay, as well as San station is shown. Clipper® can avoid this surcharge. You Are Here Francisco International Airport (SFO) and U Oakland Oakland International Airport (OAK). Departing from Rockridge Station From Rockridge to: N (stations listed in alphabetical order) 3-Minute Walk 500ft/150m Weekday Saturday Sunday I M I L E S A V E Train Destination Station One Way Round Trip Radius First Last First Last First Last Fare Information e ective January 1, 2016 12th St. Oakland City Center 2.50 5.00 M H I G H W AY 2 4 511 Real-Time Departures Antioch 5:48a 12:49a 6:19a 12:49a 8:29a 12:49a 16th St.
    [Show full text]
  • News Release
    NEWS RELEASE www.BART.gov #2009-074 Contact: Linton Johnson August 13, 2009 Chief Spokesperson BART Media & Public Affairs 510-464-7139 Desk 510-899-2285 Pager [email protected] FOR IMMEDIATE RELEASE BOARD MARKS MAJOR MILESTONE BY ADOPTING CITIZEN OVERSIGHT OF BART PD STATE LAWMAKERS URGED TO FINALIZE CITIZEN OVERSIGHT OAKLAND, CA – In a unanimous vote, the BART Board of Directors reached a major milestone today in delivering on its commitment to improve police services and public confidence by approving independent citizen oversight of the BART Police Department. “Today’s Board action is truly historic,” BART Board Member Carole Ward Allen said. Ward Allen chairs the BART Police Department Review Committee, which Board President Thomas Blalock created following the January 1 shooting of Oscar Grant on the platform of Fruitvale Station by a former police officer. “What we approved today has one of the strongest components of citizen oversight in the state of California. The process now moves to the state legislature. We urge our state representatives to take swift action so we can implement citizen oversight this year as we continue to work to make the BART Police Department the best it can be.” “We have a dedicated, professional and highly trained police force at BART and we want to keep it that way,” Director Joel Keller said. Keller is the vice chair of the committee. “Citizen oversight, if done properly, can help us achieve that.” BART NEEDS CHANGE IN STATE LAW TO MOVE FORWARD BART is a special district created by the state legislature and requires an amendment of the BART Act to create citizen oversight as adopted by the Board today.
    [Show full text]
  • ACT BART S Ites by Region.Csv TB1 TB6 TB4 TB2 TB3 TB5 TB7
    Services Transit Outreach Materials Distribution Light Rail Station Maintenance and Inspection Photography—Capture Metadata and GPS Marketing Follow-Up Programs Service Locations Dallas, Los Angeles, Minneapolis/Saint Paul San Francisco/Oakland Bay Area Our Customer Service Pledge Our pledge is to organize and act with precision to provide you with excellent customer service. We will do all this with all the joy that comes with the morning sun! “I slept and dreamed that life was joy. I awoke and saw that life was service. I acted and behold, service was joy. “Tagore Email: [email protected] Website: URBANMARKETINGCHANNELS.COM Urban Marketing Channel’s services to businesses and organizations in Atlanta, Dallas, San Francisco, Oakland and the Twin Cities metro areas since 1981 have allowed us to develop a specialty client base providing marketing outreach with a focus on transit systems. Some examples of our services include: • Neighborhood demographic analysis • Tailored response and mailing lists • Community event monitoring • Transit site management of information display cases and kiosks • Transit center rider alerts • Community notification of construction and route changes • On-Site Surveys • Enhance photo and list data with geocoding • Photographic services Visit our website (www.urbanmarketingchannels.com) Contact us at [email protected] 612-239-5391 Bay Area Transit Sites (includes BART and AC Transit.) Prepared by Urban Marketing Channels ACT BART S ites by Region.csv TB1 TB6 TB4 TB2 TB3 TB5 TB7 UnSANtit
    [Show full text]
  • Distribution of the Draft Eis
    CHAPTER 12: DISTRIBUTION OF THE DRAFT EIS The Draft EIS was transmitted to the officials, agencies, organizations, and individuals listed in this chapter. The Draft EIS is available for review during normal business hours at several libraries in Santa Clara and Alameda counties and at the VTA office at 3331 North First Street, Building B in San Jose. Copies of the document may be obtained by contacting VTA at (408) 321-5789. VTA has notified all property owners/tenants who may be impacted by the Build Alternatives and has advertised the availability of the EIS in local periodicals, including the Fremont Argus, San Jose Mercury News, The Milpitas Post, El Observador, Thoi Boa, and Santa Clara Weekly. See Chapter 11.0: Agency and Community Participation for additional information. 12.1 PUBLIC OFFICIALS Federal Elected Officials The Honorable Nancy Pelosi The Honorable Barbara Boxer U.S. House of Representatives U.S. Senate District 8 501 First Street, Suite 7-600 450 Golden Gate Avenue, 14th Floor Sacramento, CA 95814 San Francisco, CA 94102 The Honorable Diane Feinstein The Honorable Barbara Lee U.S. Senate U.S. House of Representatives 1 Post Street, Suite 2450 District 9 San Francisco, CA 94104 1301 Clay Street, Suite 1000-N Oakland, CA 94612 The Honorable George Miller U.S. House of Representatives The Honorable Ellen Tauscher District 7 U.S. House of Representatives 1333 Willow Pass Road District 10 Concord, CA 94520 2121 North California Boulevard, Suite 555 Walnut Creek, CA 94596 Agencies and Organizations Notified of Draft EIS Availability 12-1 Silicon Valley Rapid Transit Corridor EIS The Honorable Jerry McNerney State Elected Officials U.S.
    [Show full text]
  • Agenda and Packet
    SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT 300 Lakeside Drive, P. O. Box 12688, Oakland, CA 94604-2688 NOTICE OF SPECIAL MEETING AND AGENDA BOND OVERSIGHT COMMITTEE Tuesday, July 16, 2019 9:00 a.m. – 11:00 a.m. COMMITTEE MEMBERS: Marian Breitbart, Michael Day, Leah Edwards, Daren Gee, Michael McGill, Catherine Newman, John Post A Special Meeting of the Bond Oversight Committee will be held on Tuesday, July 16, 2019, at 9:00 a.m. The Meeting will be held in Conference Room 2200, 300 Lakeside Drive, 22nd Floor, Oakland, California. AGENDA 1. Call to Order A. Roll Call 2. Introduction of Committee Members and BART Staff 3. Public Comment on Item 4 Only 4. Annual Report Adoption (For Discussion/Action) 5. Public Comment on Item 6 Only 6. Brown Act Communication Rules Refresher (For Discussion) 7. Adjournment Please refrain from wearing scented products (perfume, cologne, after-shave, etc.) to this meeting, as there may be people in attendance susceptible to environmental illnesses. BART provides service/accommodations upon request to persons with disabilities and individuals who are limited English proficient who wish to address Committee matters. A request must be made within one and five days in advance of Board/Committee meetings, depending on the service requested. Please contact the Office of the District Secretary at (510) 464-6083 for information. Measure rr Bond oversight CoMMittee ANNUAL REPORT June 2019 taBle oF Contents Dear Bay Area residents: letter from the Chairperson 1 renew track 14 Thank you for your interest in the on-going executive summary 2 renew Power infrastructure 16 about us: your Bond oversight repair tunnels and structures 18 efforts to rebuild BART.
    [Show full text]
  • Voter Guide Statewide Offices
    Election day: November 2, 2010 1 Index reen voter guide Statewide Offices ............................................. 1, 3, 4, 5 State Assembly, Federal Offices................................... 7 State Propositions ................................................ 1, 5, 6 Judicial Offices .......................................................... 15 Special Districts ................................................... 14, 15 County Offices and Measures ...................................... 6 REEN City Offices and Measures. voter guide Alameda .................................................................... 8 Albany ............................................................... 11, 13 Berkeley ........................................................ 1, 12, 13 Election Day: November 2, 2010 Emeryville ................................................................. 8 A special election publication of the Green Party of Alameda County, Oakland ...................................................... 1, 9, 10, 11 Voter Card ..................................................... Back page an affiliate of the Green Party of California General Election November 2, 2010 Statewide Races 1978? Under Prop 13, a property is not considered to have Proposition 23 - No, No, No! Governor changed ownership unless over 50 percent of it is purchased Guts Greenhouse Gas Laws by a single owner, so if three purchasers buy a property, no The Global Warming Solutions Act of 2006 (AB 32) Laura Wells change of ownership occurs. Publicly traded companies
    [Show full text]
  • Smart Parking Management Field Test: a Bay Area Rapid Transit (BART) District Parking Demonstration; Final Report Caroline J
    CALIFORNIA PATH PROGRAM INSTITUTE OF TRANSPORTATION STUDIES UNIVERSITY OF CALIFORNIA, BERKELEY Smart Parking Management Field Test: A Bay Area Rapid Transit (BART) District Parking Demonstration; Final Report Caroline J. Rodier, Susan A. Shaheen, Charlene Kemmerer University of California, Berkeley California PATH Research Report UCB-ITS-PRR-2008-5 This work was performed as part of the California PATH Program of the University of California, in cooperation with the State of California Business, Transportation, and Housing Agency, Department of Transportation, and the United States Department of Transportation, Federal Highway Administration. The contents of this report reflect the views of the authors who are responsible for the facts and the accuracy of the data presented herein. The contents do not necessarily reflect the official views or policies of the State of California.This report does not constitute a standard, specification, or regulation. Final Report for Task Orders 6109 June 2008 ISSN 1055-1425 CALIFORNIA PARTNERS FOR ADVANCED TRANSIT AND HIGHWAYS SMART PARKING MANAGEMENT FIELD TEST: A BAY AREA RAPID TRANSIT (BART) DISTRICT PARKING DEMONSTRATION FINAL REPORT Task Order 6109 Caroline J. Rodier, Ph.D. Senior Researcher, Transportation Sustainability Research Center University of California, Berkeley 1301 S. 46th Street, Bldg. 190; Richmond, CA 94804-4648 510-665-3524 (O); 510-665-2183 (F); [email protected] Susan A. Shaheen, Ph.D. Honda Distinguished Scholar in Transportation, University of California, Davis & Research Director, Transportation Sustainability Research Center University of California, Berkeley 1301 S. 46th Street, Bldg. 190; Richmond, CA 94804-4648 510-665-3483 (O); 510-665-2183 (F); [email protected]; [email protected] and Charlene Kemmerer Research Associate, Transportation Sustainability Research Center University of California, Berkeley 1301 S.
    [Show full text]
  • BAY AREA RAPID TRANSIT DISTRICT 300 Lakeside Drive, P.O
    SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT 300 Lakeside Drive, P.O. Box 12688 Oakland, CA 94604-2688 (510) 464-6000 2008 April 18, 2008 Gail Murray PRESIDENT V1A E-MAIL and Thomas M. Blalock, P.E. VICE PRESIDENT U.S. POSTAL SERVICE Dorothy W. Dugger GENERAL MANAGER Mr. Kevin Kennedy, Chief Program Evaluation Branch DIRECTORS Office of Climate Change California Air Resources Board Gail Murray 1ST DISTRICT 1001 I Street Joel Keller Sacramento, CA 95814 2ND DISTRICT Bob Franklin RE: Role of Offsets Under AB 32 3RD DISTRICT Carole Ward Allen 4TH DISTRICT Dear Mr. Kennedy: Zoyd Luce 5TH DISTRICT The San Francisco Bay Area Rapid Transit Dist1ict ("BART") operates a heavy Thomas M. Blalock, P.E. rail public rapid-transit system serving the San Francisco Bay Area. The system 6TH DISTRICT consists of 104 miles of track and 43 stations, and serves 1.3 billion passenger Lynette Sweet miles per year. Because each BART trip is estimated to produce onl y 14% of 7TH DISTRICT the per-mile greenhouse gas ("GHG") emissions generated by travel by private JamesFang 8TH DISTRICT auto, BART helps to reduce the Bay Area's net greenhouse gas emissions by an Tom Radulovich estimated 0.4 million metric tons ("MMT") CO2 per year. Thi s reducti on is 9TH DISTRICT equi valent to roughl y one percent of the Bay Area's transpo11ation sector CO2 emissions, and is the same magnitude as many of the Discrete Early Action measures adopted by ARB. BART appreciates the oppo11unity to respond to the GHG emission offsets questions posed by Air Resources Board staff in connectiory with the April 4, 2008 AB 32 Technical Stakeholder Worki ng Group Meeting on offsets.
    [Show full text]
  • Bart at Twenty: Land Use and Development Impacts
    ffional Development BART@20: Land Use and Development Impacts Robert Cervero with research assistance by Carlos Castellanos, Wicaksono Sarosa, and Kenneth Rich July 1995 University of California at Berkeley - 1 BART@20: Land Use and Development Impacts Robert Cervero with Research Assistance by Carlos Castellanos, Wicaksono Sarosa, and Kenneth Rich This paper was produced with support provided by the U.S. Department of Transportation and the California State Department of Transportation (Caltrans) through the University of California Transportation Center. University of California at Berkeley Institute of Urban and Regional Development Table of Contents ONE: BART at 20: An Analysis of Land Use Impacts 1 1. INTRODUCTION 1 TWO: Research Approach and Data Sources 3 THREE: Employment and Population Changes in BART and Non-BART Areas 6 3.1. Population Changes 6 3.2. Employment Changes 3.3. Population Densities 15 3.4. Employment Densities 15 3.5. Summary 20 FOUR: Land Use Changes Over Time and by Corridor 21 4.1. General Land-Use Trends 23 4.2. Pre-BART versus Post-BART 25 4.3. Early versus Later BART 30 4.4. Trends in Non-Residential Densities 33 4.4. Summary 37 FIVE: Land-Use Changes by Station Classes 38 5.1. Grouping Variables 38 5.2. Classification 38 5.3. Station Classes 41 5.4. Trends in Residential and Non-Residential Growth Among Station Classes 44 5.5. Percent Growth in Early- versus Later-BART Years Among Station Classes 46 5.6. Trends in Non-Residential Densities Among Station Classes 46 SLX: Matched-Pair Comparisons of Land-Use Changes near BART Stations Versus Freeway Interchanges 51 6.1.
    [Show full text]
  • $352,095,000 SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT Sales Tax Revenue Bonds, Refunding Series 2005 a MORGAN STANLEY CITIG
    NEW ISSUE-BOOK-ENTRY ONLY RATINGS, UNINSURED BONDS" - S&P, AA­ Moody's: Aa3 Fitch: AA INSURED BONDS - S&P, AAA Moody's: Aaa Fitch: AAA (See "Ratings" herein.) In the opinion of Orrick, Herrinfiton g' Sutcliffe LLP and Lofton g' Jen.ninfis, Co-Bond Counsel, based upon an analysis of existinfi laws, refiulations, rulinfis and court decisions and assuminfi, amonfi other matters, the accuracy of certain representations and compliance with certain covenants, interest on the Series 2005 Ji. Bonds is excluded from fiross income for federal income tax purposes under Section 103 of the InteTnal Revenue Code of 1986 and is exempt from State of California personal income taxes. In the opinion of Co-Bond Counsel, interest on the Series 2005 Ji. Bonds is Mt a specific preference item for purposes of the federal individual or corporate alternative minimum taxes, althoufih Co-Bond Counsel observe that such interest is included in adjusted current eaTninfis in calculatinfi corporate alternative minimum taxable income. Co-Bond Counsel express no opinion refiardinfi any other tax conseque.nces related to the ownership or disposition of, or the accrual or receipt of interest on, the Series 2005 Ji. Bonds. See "TJJ.X MJJ.TTEES" herein $352,095,000 SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT Sales Tax Revenue Bonds, Refunding Series 2005 A Dated: Date of Delivery Due: July 1, as shown below The San Francisco Bay Jl.rea Rapid Transit District Sales Tax Revenue Bonds, Eefundinfi Series 2005 Ji. (the "Series 2005 Ji. Bonds") are beinfi issued to refund certain outstandinfi sales tax revenue bonds previously issued by the San Francisco Bay Jl.rea Rapid Transit District (the "District") See "PL!l.N OF FINJJ.NCE" herein.
    [Show full text]
  • Netsci Transportation Information
    The Transportation Information for NetSci 2014 1. SFO to Clark Kerr and Claremont Airport Shuttles from San Francisco International Airport to Clark Kerr and Claremont Hotel Airport shuttles provide door-to-door service. The price is $34 for one person and 15 for additional person. The total occupancy of the shuttle is for 7 people. Reservations are recommended. Bay Porter Express 1-877-467-1800 (Bay Area toll free) • 1-415-467-1800 (outside Bay Area) East Bay Transportation 1-877-526-0304, 1-510-526-0304 Airport Commuter 1-888-876-1777 Taxi Taxi fare to Berkeley will be approximately $78 from the San Francisco airport. http://www.veteranstaxicab.com/ BART (Bay Area Rapid Transit) BART is the Bay Area's subway system. The campus is closest to the Downtown Berkeley station on the Richmond line and to the Rockridge station on the Pittsburg/Bay Point line. There is no direct connection to downtown Berkeley from San Francisco on Sundays and evenings. At those times, take the Pittsburg/Bay Point train and transfer to a Richmond train at the 12th Street (Oakland) station (traveling to San Francisco at those times, transfer at MacArthur station). Monday - Friday, 4 a.m. to midnight* Saturday, 6:00 a.m. to midnight* Sunday, 8:00 a.m. to midnight* *In many cases, BART service extends past midnight. Individual station closing times are coordinated with the schedule for the last train, beginning at around midnight. BART trains typically run every 15 minutes on weekdays and every 20 minutes on evenings, weekends and holidays. For exact times, check the following website.
    [Show full text]
  • Smarter Parking at Transit Stations
    Smarter Parking at Transit Stations BY SUSAN SHAHEEN AND CHARLENE KEMMERER 27 A C C E S S NUMBER 31, FALL 2007 RANSIT STATIONS , SUCH AS MANY OF THE OUTLYING STATIONS along the BART system in the San Francisco Bay Area, provide parking so riders can easily get to and from the station. At first parking spots at BART stations were free to whoever showed up earliest to park. Then in 2002, BART began offering monthly reservations on some parking spots for a fee, Tso that riders who couldn’t rush out of the house to arrive at the station before anyone else also had the opportunity to park. Commuters without the monthly permits are faced with a dilemma if they want to take BART and can’t get to the station early. Do they risk deviating from their driving commute route to try to find a spot at the station? If they don’t find one, they will have wasted time and gas, and they’d then have to find their way back to their driving route, now a bit later, and reinsert themselves into the stream of traffic. Is there a way for commuters to know whether there are parking spots available? Is there a way for people to guarantee that they can park at the transit station if they exit their driving route? And in the process, is it possible to encourage some drive-alone commuters to park their cars and ride BART? We think so, using what are called “smart parking” systems—broadly defined as the integration of technologies to streamline the parking process.
    [Show full text]