§ 36-9-42.2-7 — Application; award criteria

Indiana § 36-9-42.2-7

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 9: TRANSPORTATION AND PUBLIC WORKS
• Ch. 42.2: Federal Fund Exchange Program

Text

(a) An eligible entity may apply to the
department or to a metropolitan planning organization to receive
exchanged funds if:
(1) the project:
(A) is eligible under federal law; or
(B) is part of a transportation asset management plan approved
by the department; and
(2) using any available revenue source, the eligible entity
commits to a local match of twenty percent (20%), or a match
consistent with federal law, of the amount of the exchanged funds
the eligible entity is requesting to receive.
(b) The department shall consider the following before awarding
exchanged funds to an eligible entity:
(1) The amount of exchanged funds the eligible entity has
requested.
(2) A brief description of each project the eligible entity wants to
fund, including the estimated cost of the project.
(3) The benefit to a project described in subdivision (2) in
receiving exchanged funds due to the project's size, type, location,
or other features.
(4) The nature of the project and whether it has an economic
significance for the region in which the eligible entity is located.
(5) Whether or not the eligible entity wishes to carry over its
award of exchanged funds to the following year.

Legislative History

As added by P.L.141-2013, SEC.1. Amended by P.L.218-2017, SEC.99.