[Adopted 2-13-1973]
A transit district is hereby established pursuant to the authority
granted in No. 261 of the Public Acts of the 1972 Session of the General
Assembly for the formation of such districts.
The boundaries of the district shall be coterminous with the
boundaries of the City of Norwalk.
Except as otherwise limited by this ordinance, the district
shall have all the powers provided in No. 261 of the aforesaid Public
Acts for transit districts established thereunder, including the power
to assume the powers of the Public Utilities Commission of the State
of Connecticut over any transit system operating within the district,
to establish, operate and maintain a new transit system within the
district or to acquire the property and franchises of any company
or companies operating a transit system within the district.
The affairs of the district shall be managed by a Board of Directors
chosen from among the electors of the City of Norwalk. The membership
of the Board of Directors shall be constituted as set forth in Section
2 of No. 261 of the aforesaid Public Acts. The members of the Board
of Directors of the district shall be appointed by the Mayor of the
City of Norwalk and shall be approved by majority vote of the Common
Council.
The Board of Directors may not levy an assessment upon the City
of Norwalk to pay any appropriations or expenses of the district,
including appropriations contained in the annual proposed budget of
the district, unless and until such assessment has been approved by
the Common Council of the City. The city may voluntarily appropriate
funds to the district in such amounts and at such times as the city
shall desire. The district shall have no power to issue in the name
of the district general obligations or revenue bonds and notes of
the district unless and until the city, through the enactment of appropriate
local ordinances specifically authorizes the district to issue such
bonds and notes in accordance with the procedure set forth in Section
6 of No. 261 of the aforesaid Public Acts.
This ordinance shall be effective upon passage.
