5-1.2-14-9. Selling of Loans
Sec. 9. (a) The authority may sell loans, evidences of other financial assistance, and other obligations evidencing the loans or other financial assistance from the water infrastructure assistance fund: (1) periodically; (2) at any price; and (3) on terms acceptable to the authority. (b) Proceeds of sales under subsection (a) shall be deposited in: (1) […]
5-1.2-14-10. Pledging of Loans
Sec. 10. (a) The authority may pledge loans, evidences of other financial assistance, and other obligations evidencing the loans or other financial assistance from the water infrastructure assistance fund to secure other loans or financial assistance from: (1) the water infrastructure assistance fund; (2) the wastewater revolving loan fund established by IC 5-1.2-10; (3) the […]
5-1.2-14-11. Report
Sec. 11. Not later than August 1 of each odd-numbered year through 2021, the public finance director shall prepare for the budget committee established by IC 4-12-1-3 and the legislative council a report that includes the following: (1) Information concerning the financial assistance made available to participants from the water infrastructure assistance fund during the […]
5-1.2-14-12. Requirement to Maintain Sufficient User Charges
Sec. 12. The authority shall, if appropriate, require a participant receiving a loan or other financial assistance from the water infrastructure assistance fund to establish under applicable law and maintain sufficient user charges or other charges, fees, taxes, special assessments, or revenues available to the participant to: (1) operate and maintain its water system or […]
5-1.2-14-13. Alternative of Providing Leveraged Loan Program
Sec. 13. (a) As an alternative to making loans or providing other financial assistance to participants, the authority may use the money in the water infrastructure assistance fund to provide a leveraged loan program and other financial assistance programs to or for the benefit of participants, including using money in the water infrastructure assistance fund […]
5-1.2-14-14. Use of Money in Fund to Establish Leveraged Loan Program
Sec. 14. Notwithstanding any other law, money in the water infrastructure assistance fund, together with loan repayments to be deposited in the fund, may be used to establish a leveraged loan program or other financial assistance programs established in connection with the water infrastructure assistance fund. As added by P.L.56-2019, SEC.11.
5-1.2-14.5-1. “Non-Revenue Water”
Sec. 1. As used in this chapter, “non-revenue water” means the difference between the amount of water that enters a water distribution system and the amount of water provided to users of the water distribution system. As added by P.L.154-2021, SEC.8.
5-1.2-14-3. Water Infrastructure Assistance Fund
Sec. 3. (a) The water infrastructure assistance fund is established as a source of money for grants, loans, and other financial assistance to, or for the benefit of, participants in the program. (b) The fund shall be administered, held, and managed by the authority. (c) The authority shall invest or cause to be invested all […]
5-1.2-14.5-2. Grant Program Established
Sec. 2. The water infrastructure grant program is established. As added by P.L.154-2021, SEC.8.
5-1.2-14-4. Uses of Money in Water Infrastructure Assistance Fund; Grants, Loans, and Other Financial Assistance
Sec. 4. (a) Money in the water infrastructure assistance fund may be used to do the following: (1) Provide grants, loans, and other financial assistance to or for the benefit of participants for: (A) the planning, designing, acquisition, construction, renovation, improvement, or expansion of public water systems; and (B) other activities necessary or convenient to […]