Sec. 11. Before October 1, 2021, the MPO shall do the following:
(1) Develop a comprehensive asset management report, in collaboration with the Indiana department of transportation centralized electronic statewide asset management data base developed under IC 8-14-3-3, which analyzes and compiles the transportation asset management plans of each eligible political subdivision that is a member of the MPO.
(2) Present the comprehensive asset management report described in subdivision (1) to:
(A) the city-county council of the consolidated city;
(B) the fiscal and legislative bodies of each entity that is a member of the MPO; and
(C) the budget committee.