Tex. Transportation Code § 460.608
This is the official text of Tex. Transportation Code § 460.608, part of Texas’s Transportation Code — governs vehicles, drivers, and roadways.
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§ 460.608. ACCOUNTING OF MAINTENANCE AND OPERATING EXPENSES.
Official statutory text
An authority shall, under an agreement under Section 460.602:
(1) provide to the municipality an annual accounting, with supporting documentation, of the annual maintenance and operating expenses of providing service to the public transportation financing area; and
(2) notify the municipality when amounts owed for all previous years' maintenance and operating expenses and for any capital cost incurred for the benefit of the public transportation financing area have been fully paid.
(1) provide to the municipality an annual accounting, with supporting documentation, of the annual maintenance and operating expenses of providing service to the public transportation financing area; and
(2) notify the municipality when amounts owed for all previous years' maintenance and operating expenses and for any capital cost incurred for the benefit of the public transportation financing area have been fully paid.
Status: in_force · Read it on the official government site
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