Sec. 1. (a) The definitions in this chapter apply throughout this article and the referenced statutes unless the context of the statute clearly denotes otherwise. (b) To the extent that a definition in a referenced statute is inconsistent with the definition in this chapter, the definition in the referenced statute prevails. (c) Except as provided […]
Sec. 10. “Construction”, for purposes of financing a state facility under IC 5-1.2-5, means the erection, renovation, refurbishing, or alteration of all or any part of a building, an improvement, or a structure, including installation of fixtures or equipment, landscaping of grounds, site work, and providing for other ancillary facilities pertinent to the building, improvement, […]
Sec. 11. “Correctional facility”, for purposes of financing a state facility under IC 5-1.2-5, means a building, a structure, or an improvement for the custody, care, confinement, or treatment of committed persons under IC 11. As added by P.L.189-2018, SEC.25.
Sec. 12. “Cost” includes the following: (1) As applied to financing a health facility and health facility property under IC 5-1.2-7, the following: (A) The cost and the incidental and related costs of the acquisition, repair, restoration, reconditioning, refinancing, or installation of health facility property. (B) The cost of any property interest in health facility […]
Sec. 13. “Cost of the project”, for purposes of an economic development project under IC 5-1.2-9, means the cost or fair market value of construction, equipment, lands, property rights, easements, franchises, patents, financing charges, interest cost during construction, engineering and legal services, plans, specifications, surveys, cost estimates, studies, and other expenses as may be necessary […]
Sec. 14. “County”, for purposes of financing health facility property under IC 5-1.2-7, means any county in the state that owns and operates a county hospital. As added by P.L.189-2018, SEC.25.
Sec. 15. “Covered taxes” refers to any of the following: (1) The state gross retail tax imposed under IC 6-2.5-2-1 or the use tax imposed under IC 6-2.5-3-2. (2) The adjusted gross income tax imposed under IC 6-3-2-1. As added by P.L.189-2018, SEC.25.
Sec. 16. “Developer”, for purposes of an economic development project under IC 5-1.2-9, means a person who proposes to enter, or has entered, into a financing agreement with the authority for an economic development project and who has entered into a separate agreement with some other persons for the substantial use of the facilities financed. […]
Sec. 17. “Drinking water program” refers to the drinking water revolving loan program established by IC 5-1.2-10. As added by P.L.189-2018, SEC.25.
Sec. 18. “Drinking water SRF fund” refers to the drinking water revolving loan fund established by IC 5-1.2-10-3. As added by P.L.189-2018, SEC.25.
Sec. 19. “Economic development project”, for purposes of IC 5-1.2-9, means projects and undertakings that include: (1) the acquisition of land, site improvements, infrastructure improvements, buildings, or structures, rehabilitation, renovation, and enlargement of buildings and structures, machinery, equipment, furnishings, or facilities (or any combination of these), comprising or being functionally related and subordinate to any […]
Sec. 2. “Approved assistance”, for purposes of the flood control program established under IC 5-1.2-13, means any loan or other financial assistance: (1) that is requested by a participant for an eligible activity; and (2) that the authority makes available to the participant. As added by P.L.189-2018, SEC.25.
Sec. 20. “Educational facility”, for purposes of an educational facility project under IC 5-1.2-8, means any educational facility property located within Indiana that: (1) is suitable for: (A) the instruction, feeding, recreation, or housing of students; (B) the conduct of research or other work of a nonprofit college or university; or (C) use by a […]
Sec. 21. (a) “Educational facility project” includes the following: (1) As applied to an educational facility project under IC 5-1.2-8, the following: (A) The acquisition, construction, enlarging, remodeling, renovation, improvement, furnishing, or equipping of an educational facility by the authority for a nonprofit college or university. (B) The funding of any liability, other loss, or […]
Sec. 22. “Educational facility property”, for purposes of an educational facility project under IC 5-1.2-8, means any real, personal, or mixed property, or any interest in real property or mixed property, including: (1) any real estate, appurtenances, buildings, easements, equipment, furnishings, furniture, improvements, machinery, or rights-of-way and structures; or (2) any interest in real estate, […]
Sec. 23. “Eligible activity”, for purposes of the flood control program established under IC 5-1.2-13 and the water infrastructure grant program established by IC 5-1.2-14.5, includes the following: (1) The removal of obstructions and accumulated debris from channels of streams. (2) The clearing and straightening of channels of streams. (3) The creating of new and […]
Sec. 24. “Eligible member”, for purposes of an educational facility project under IC 5-1.2-8, means a state educational institution or any nonprofit college or university. As added by P.L.189-2018, SEC.25.
Sec. 25. “Equipment”, for purposes of an economic development project under IC 5-1.2-9, means any capital item. As added by P.L.189-2018, SEC.25.
Sec. 26. (a) “Financial assistance agreement”, for purposes of the wastewater program and drinking water program established under IC 5-1.2-10, the supplemental program established under IC 5-1.2-11, the Indiana brownfields program established under IC 5-1.2-12, the flood control program established under IC 5-1.2-13, the water infrastructure assistance program established under IC 5-1.2-14, the water infrastructure […]
Sec. 27. “Financing agreement”, for purposes of an economic development project under IC 5-1.2-9, means an agreement that is entered into between the authority and a developer, user, or lender concerning the financing of, the title to, or possession of an economic development project and that provides for payments to the authority in an amount […]
