West Virginia Code
Article 16F. West Virginia Division of Multimodal Transportation Facilities
§17-16F-24. Maintenance, Operation, and Repair of Projects; Reports to Governor and Legislature

(a) Each railroad project, when constructed and placed in operation, shall be maintained, and kept in good condition by the division. Each project shall be operated by the divisions employees pursuant to a contract or lease with a governmental agency or person. All public or private property damaged or destroyed while carrying out the provisions of this article shall be restored or repaired to its original condition, or as nearly as practicable or adequate compensation made out of funds provided in accordance with the provisions of this article.
(b) As soon as possible after the close of each fiscal year, the authority shall make an annual report of its activities for the preceding fiscal year to the Governor and the Joint Committee on Government and Finance. Each such report shall set forth a complete operating and financial statement covering the authoritys operations during the preceding fiscal year. The authority shall cause an audit of its books and accounts to be made at least once each fiscal year by certified public accountants and the cost thereof may be treated as a part of the cost of construction or of operations of its projects. Any report under this section may be made electronically and paper copies may be provided upon request.

Structure West Virginia Code

West Virginia Code

Chapter 17. Roads and Highways

Article 16F. West Virginia Division of Multimodal Transportation Facilities

§17-16F-1. Legislative Findings and Creation of Division

§17-16F-2. Secretary S Powers and Duties

§17-16F-3. Definitions

§17-16F-4. Powers and Duties of Division

§17-16F-5. Rules of Division

§17-16F-6. Advisory Boards

§17-16F-7. Annual Report

§17-16F-8. Financial Interest in Contracts Prohibited; Penalty

§17-16F-9. Public Purpose of Activities; Property of Public Utilities and Common Carriers

§17-16F-10. Construction and Operation of Facilities by Private Enterprise; Leasing of Facilities by Division

§17-16F-11. Foreign Trade Zones; Free Trade Zones; Ports of Entry and Customs Zones

§17-16F-12. Special West Virginia Public Port Operations Fund; West Virginia Multimodal Division Operations Fund; Other Funds Transferred to the Division of Multimodal Transportation

§17-16F-13. Additional Powers and Duties of Division Related to Railroad Projects

§17-16F-14. Additional Authority Regarding the Maryland Area Regional Commuter

§17-16F-15. Rail Operations; Purchases

§17-16F-16. Railroad Maintenance Fund

§17-16F-17. Division Empowered to Issue Bonds, Renewal Notes and Refunding Bonds; Requirements and Manner of Such Issuance

§17-16F-18. Trustee for Bondholders; Contents of Trust Agreement

§17-16F-19. Legal Remedies of Bondholders and Trustees

§17-16F-20. Bonds and Notes Not Debt of State, County, Municipality, or of Any Political Subdivision; Expenses Incurred Pursuant to Article

§17-16F-21. Use of Funds by Division; Restrictions

§17-16F-22. Investment of Funds by Division

§17-16F-23. Rentals and Other Revenues From Railroad Projects; Contracts and Leases of Division; Cooperation of Other Governmental Agencies; Bonds of Such Agencies

§17-16F-24. Maintenance, Operation, and Repair of Projects; Reports to Governor and Legislature

§17-16F-25. Railroad Maintenance Bonds Lawful Investments

§17-16F-26. West Virginia Commuter Rail Access Fund

§17-16F-27. State Rail Plan Required

§17-16F-28. Additional Powers and Duties of Division Related to Aeronautics, Airports, and Air Navigation Projects

§17-16F-29. State Financial Assistance for County, Municipal and Regional Airports

§17-16F-30. Financial Aid

§17-16F-31. Establishment and Operation of State Airports

§17-16F-32. Use of State and Municipal Facilities and Services

§17-16F-33. Disposition of Fees

§17-16F-34. Severability