§ 36-9-4-9 — Public acquisition of systems; application to municipality; studies

(a) If the management of an urban mass
transportation system in any municipality finds that public acquisition
of the system is necessary to enable the system to render adequate
service within the municipality, the management of the system may
request the municipal legislative body to determine whether the public
should acquire the system. The management may withdraw this request
only if:
(1) at least six (6) months have passed since the date of the
request; and
(2) the municipal legislative body did not adopt an ordinance to
acquire the system within six (6) months from the date of the
request.
(b) On receipt of the request, the municipal legislative body shall
study whether it is in the public interest that the public acquire the
system. The legislative body shall pay for these studies by an
appropriation from the general fund of the municipality, which need
not be restored to the general fund.
[Pre-Local Government Recodification Citations: 19-5-2-8;
19-5-2-9 part.]
As added by Acts 1981, P.L.309, SEC.77.