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B-141529 1 (1975-08-20)

handle is hein.gao/gaobadcnu0001 and id is 1 raw text is: D E CI S 13N FILE: B-141529 MATTER OF: DIGEST: 8 7 THE COMPTROLLER GENERAL c VASOF THE UNITED 0TATE c4 A - WASHINGTON, D.C. 2054B DATE: AUG 2 01975 q Responsibility of Administrator of Urban Mass Trans- portation to reimburse Uashington Metropolitan Area Transit Authority for interest on borrowings for cur- rent metrobus operating expenses. The National Capital Transportation Act (NCTA) of 1972 provides for additional regional subway construction financing by authorizing the Secretary of Transportation to guarantee up to $1.2 billion of obligations of the Washington Metropolitan Area Transit Authority (7MATA),, and to reimburse HMATA one-foufth of its interest costs on obligations issued after its dnactment. The Secre- tary may not, under the authority of the NCTA of 1972, reimburse UMATA for one-fourth of its interest costs on borrowings for current Metrobus operating expenses. The Administrator, Urban Mass Transportation Administration (U-MTA), Department of Transportation, by letter dated May 12, 1975, has requested our deCision as to whether h may lawfully conply with the request of the Uashington Metropolitan Area Transit Authority (here- inafter referred to as VfHATA or the Transit Authority) to be reimbursed for one-fourth of $182,221.29 in interest which TMATA has paid to local financing institutions on borrowings made for current metrobus operating expenses since the effective date of the National Capital Transporta- tion Act of 1972, Pub. L. No. 92-349, 86 Stat. 464 (July 13, 1972). D.C. Code 1-1441 note (1973). The Administrator previously refused the request of 11ATA for reimbursement of the amount in question and UMATA has requested the Administrator to reconsider his decision. That request is now pending, and is the occasion for the Administrator's submission of the question to us. The relevant statutory provisions are sections 9 and 10 of the National Capital Transportation Act of 1969, Pub. L. No. 91-143, 83 Stat. 320 (December 9, 1969), as added by section 101 of the National Capital Transportation Act of 1972 (hereinafter referred to as the NCTA of 1972). These sections provide, in pertinent part, as follows: -2~ II -7 47 /

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