Sec. 460.055. DUTIES OF INTERIM EXECUTIVE COMMITTEE. (a) The interim executive committee shall elect three of its members to serve as the chair, vice chair, and secretary.

(b) The interim executive committee shall develop a service plan and determine a proposed tax not later than the 180th day after the date of the interim executive committee's first meeting.

(c) The interim executive committee shall hold at least one regular meeting a month for the purpose of developing a service plan and determining a proposed tax rate.

(d) The interim executive committee shall consider the following in developing the service plan:

(1) the regional transportation plan for the county and major thoroughfare plan;

(2) actual and projected traffic counts of private passenger vehicles and projected destinations of the vehicles;

(3) feasible alternative modes of public transportation, including:

(A) a fixed guideway system;

(B) passenger commercial carriers;

(C) dedicated thoroughfare lanes;

(D) fixed skyway rail;

(E) high occupancy toll lanes;

(F) traffic management systems; and

(G) bus transit and associated lanes;

(4) the most efficient location of collection points and transfer points;

(5) alternative routes linking access and discharge points;

(6) alternative alignments using least populous areas if right-of-way acquisition will be required for a transit route;

(7) estimates of capital expenditures for a functional public transportation system;

(8) various forms of public transportation consistent with use of transit routes, including for each form a determination of:

(A) cost per passenger per mile;

(B) the capital expense of acquisition of the public transportation system;

(C) costs associated with the acquisition, improvement, or modification of the transit way; and

(D) maintenance and operating costs;

(9) administrative overhead costs separately from other costs;

(10) load factors based on surveys, interviews, and other reasonable quantification for the modes of transportation;

(11) a fare structure for the ridership of the public transportation system by mode;

(12) a comparison of revenue from all sources, including fares, fees, grants, and debt issuance, with estimated costs and expenses;

(13) revenue minus expenses expressed numerically and a per rider factor for each trip or segment of a trip;

(14) if the service plan contemplates joint use of other transit systems or transfer to them, estimated dates of access; and

(15) segments of the service plan separately if:

(A) some segments are more profitable than others; or

(B) some segments show a smaller deficit than others.

Added by Acts 2001, 77th Leg., ch. 1186, Sec. 1, eff. Sept. 1, 2001.