Sec. 6. 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.]
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