Section 8-5-15-6 - Conditions on grant Any commuter transportation system receiving assistance from a district shall, as a condition of the grant:
(1) submit its operating budget for passenger service rendered to the district for public hearings annually at least ninety (90) days before the beginning of the system's fiscal year;(2) permit the Indiana department of transportation (IC 8-23-2) to audit the financial books and records of the system as the department would audit any intrastate railroad; and(3) assume the responsibility for operation and maintenance of the equipment in accordance with a lease agreement executed between the system and district.Pre-Local Government Recodification Citation: 19-5-2.6-7.
As added by Acts1980 , P.L. 8, SEC.68. Amended by P.L. 385-1987 (ss), SEC.8; P.L. 18-1990, SEC.65.