Indiana § 8-5-15-6 Conditions on grant

Indiana Statutes

§ 8-5-15-6 — Conditions on grant

Indiana § 8-5-15-6

Art. 5COMMUTER RAILWAYS

Ch. 15Commuter Transportation Districts

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Bluebook

Ind. Code § 8-5-15-6 (2026).

Text

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 Acts 1980, P.L.8, SEC.68. Amended by P.L.385-1987(ss), SEC.8; P.L.18-1990, SEC.65.

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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 Acts 1980, P.L.8, SEC.68. Amended by
P.L.385-1987(ss), SEC.8; P.L.18-1990, SEC.65.