2006 Utah Code - 17A-2-1018 — Rates and charges for service.

     17A-2-1018.   Rates and charges for service.
     The rates and charges for service furnished pursuant to this part shall be fixed by a two-thirds vote of all the members of the board and shall be reasonable. In so far as practicable, rates shall be fixed to result in enough revenue to make the transit system self-supporting and sufficient to accomplish the following:
     (1) Pay the operating expenses of the district.
     (2) Provide for repairs, maintenance, and depreciation of works and property owned or operated by the district.
     (3) Provide for the purchase, lease, or acquisition of property and equipment.
     (4) Provide for the payment of interest and principal of the bonded debt subject to the applicable provisions of this part authorizing the issuance and retirement of bonds.
     (5) Provide for payment of contracts, agreements, leases and other legal liabilities incurred by the district.

Renumbered and Amended by Chapter 186, 1990 General Session