36-9-43-7. Financing, Funding, and Planning for Regional Transportation Infrastructure Projects
Sec. 7. (a) In coordination with the Indiana department of transportation, a regional development authority may finance and plan regional transportation infrastructure projects or provide funding for these regional transportation infrastructure projects. (b) To the extent required by federal law, a regional development authority that undertakes a highway project under this section shall comply with […]
36-9-43-8. Ability to Enter Into a Supplemental Funding Agreement With Indiana Department of Transportation or Political Subdivision; Provisions of an Agreement
Sec. 8. (a) The development board of a regional development authority may negotiate and enter into a supplemental funding agreement with the Indiana department of transportation or a political subdivision to contribute local matching funds to the Indiana department of transportation or political subdivision, to be used by the Indiana department of transportation or the […]
36-9-43-9. Regional Development Authority Infrastructure Fund; Establishment; Administration; Uses; Supplemental Funding for Regional Transportation Infrastructure Projects
Sec. 9. (a) This section applies only to a regional development authority created or established after June 30, 2017. (b) The Indiana finance authority shall create the regional development authority infrastructure fund for the purpose of allowing a regional development authority to finance or contribute to the financing of regional transportation infrastructure projects. (c) The […]
36-9-43-3. “Regional Transportation Infrastructure Project”
Sec. 3. As used in this chapter, “regional transportation infrastructure project” means a project for the construction, reconstruction, rehabilitation, extension, or completion of: (1) highways (including a state highway or bypass or an interstate highway or bypass), roads, streets, bridges, overpasses, interchanges, ramps, or access roads or service roads; (2) rail lines, rail spurs, and […]
36-9-43-4. “Supplemental Funding Agreement”
Sec. 4. As used in this chapter, “supplemental funding agreement” refers to a supplemental funding agreement entered into under section 8 of this chapter between: (1) a regional development authority; and (2) the Indiana department of transportation or a political subdivision. As added by P.L.229-2017, SEC.43.
36-9-43-5. Scope of Powers
Sec. 5. The powers granted to a regional development authority under this chapter are in addition to any powers granted to the regional development authority under IC 36-7.5 or IC 36-7.6. As added by P.L.229-2017, SEC.43.
36-9-43-6. Powers
Sec. 6. (a) A regional development authority may do the following: (1) Apply for federal funds from any of the following: (A) A federal grant award under 23 U.S.C. 117 for nationally significant freight and highway projects (commonly known as “FASTLANE” grants). (B) A federal grant award that is authorized to be made directly to […]
36-9-42.2-4. “Program”
Sec. 4. As used in this chapter, “program” refers to the federal fund exchange program established by section 5 of this chapter. As added by P.L.141-2013, SEC.1.
36-9-42.2-4.5. “Transportation Asset Management Plan”
Sec. 4.5. As used in this chapter, “transportation asset management plan” has the meaning set forth in IC 8-23-30-1(4). As added by P.L.218-2017, SEC.96.
36-9-42.2-5. Program Established
Sec. 5. The federal fund exchange program is established to provide eligible entities and the department with greater flexibility in funding transportation projects. The department shall administer the program as follows: (1) Exchanged funds awarded to an eligible entity may be carried over for up to three (3) years at the discretion of the department […]