5-1.2-16-6. Year End; Unused Amounts
Sec. 6. (a) At 5 p.m. on December 20 of each year, all categories established by section 3 of this chapter are eliminated and any remaining amounts in those categories shall be placed in a single noncategorized state pool. (b) After 5 p.m. on December 20 of each year, applications for a grant of volume […]
5-1.2-16-7. Forms; Guidelines
Sec. 7. (a) Notwithstanding IC 5-15-5.1, the authority has the sole authority to prescribe and furnish forms used in the administration of this chapter. (b) The authority may adopt guidelines, without complying with IC 4-22-2, to govern the administration of this chapter. The guidelines may establish procedures, criteria, and conditions for each category of bonds […]
5-1.2-16-8. Application Requirements
Sec. 8. To qualify for a grant of volume cap, an applicant must do the following: (1) Apply for the grant in conformity with the procedures established by the authority. (2) Provide the information reasonably requested by the authority to carry out this chapter. (3) Meet the criteria established by the authority for the category […]
5-1.2-15-9. Loans or Other Financial Assistance; Interest Rates
Sec. 9. (a) A loan from a fund may: (1) not have a term of more than twenty (20) years; (2) provide for amortization to begin not later than one (1) year after construction of the project ends; and (3) have an interest rate established by the authority in accordance with subsection (c). (b) Unless […]
5-1.2-15-10. Loans or Other Financial Assistance; Necessary Documents
Sec. 10. A loan or other financial assistance from the fund must be accompanied by the following: (1) All papers and opinions required by the authority. (2) Unless otherwise provided by the guidelines of the authority, the following: (A) An approving opinion of nationally recognized bond counsel. (B) A certification and guarantee of signatures. (C) […]
5-1.2-14.5-6. Application for Grant, Loan, or Other Financial Assistance
Sec. 6. (a) An application for a grant, loan, or other financial assistance from the water infrastructure grant fund must be accompanied by all papers and opinions required by the authority. (b) The authority may require that an application for a grant, a loan, or other financial assistance from the water infrastructure grant fund be […]
5-1.2-15-11. Expenses
Sec. 11. The expenses of administering a fund shall be paid from money in that fund. As added by P.L.189-2018, SEC.25.
5-1.2-14.5-7. Asset Management Program, Estimate of Life Cycle Management Costs, Reports, and Other Requirements for Loan or Grant Recipients
Sec. 7. (a) To receive a loan, grant, or other financial assistance from the water infrastructure grant fund, a participant: (1) must demonstrate that it has developed or is in the process of developing an asset management program, as defined in the guidelines of the authority, in the case of a loan, grant, or other […]
5-1.2-15-12. Investment
Sec. 12. The authority may invest money in funds as provided in IC 5-1.2-4-1(a)(17) and IC 5-1.2-4-1(a)(40). As added by P.L.189-2018, SEC.25. Amended by P.L.10-2019, SEC.26.
5-1.2-14.5-8. Project Prioritization System for Awarding Loans and Grants; Variables to Be Included
Sec. 8. (a) The authority shall establish a project prioritization system for the purposes of awarding loans and grants from the water infrastructure grant fund. The project prioritization system must be based on a model that includes at least the following variables: (1) The effect of a project on the environment and public health and […]