Mission
THE PURPOSE OF THE REGIONAL ADMINISTRATIVE FACILITY CORP (RAFC) IS TO EXERCISE A CUSTODIAL RESPONSIBILITY ON BEHALF OF THE OWNER/OCCUPANTS TO DISCHARGE OPERATIONAL OBLIGATIONS. THE FUNCTION OF RAFC IS TO ADMINISTER, OPERATE, PRESERVE AND CONTROL COMMON AREAS UNDER A CONDOMINIUM PLAN ESTABLISHED BY THE FOLLOWING THREE OWNER/OCCUPANTS OF THE PROJECT:1) SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT (BART)2) THE METROPOLITAN TRANSPORTATION COMMISSION (MTC)3) THE ASSOCIATION OF BAY AREA GOVERNMENTS (ABAG)UNDER THE ABOVE PLAN, RAFC EXERCISES A CUSTODIAL RESPONSIBILITY ON BAHALF OF THE OWNER/OCCUPANTS TO DISCHARGE OPERATIONAL OBLIGATIONS AND TO ASSESS SUFFICIENT AMOUNTS TO MEET ALL REQUIRED EXPENDITURES OF THE COMMON AREAS. AS OF 6/22/17, BART IS THE SOLE OWNER/OCCUPANT.