§ 36-9-36-9 — Estimate of maximum cost

Indiana § 36-9-36-9

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 9: TRANSPORTATION AND PUBLIC WORKS
• Ch. 36: Barrett Law Funding for Counties and Municipalities

Text

(a) At least ten (10) days before the date fixed
for a hearing under section 8 of this chapter, the engineer of the unit
shall file with the works board an estimate of the maximum cost of the
improvement proposed by the works board.
(b) The estimate must include the following:
(1) The cost of the guarantee under section 25 of this chapter.
(2) The cost of the maintenance of the improvements for at least
three (3) years.
(c) A unit may not enter into a contract under the preliminary
resolution if the contract exceeds the engineer's estimate filed under
subsection (a).

Legislative History

As added by P.L.98-1993, SEC.7.