§ 36-9-43-6 — Powers

Indiana § 36-9-43-6

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 9: TRANSPORTATION AND PUBLIC WORKS
• Ch. 43: Regional Funding of Transportation Infrastructure

Text

(a) A regional development authority may do
the following:
(1) Apply for federal funds from any of the following:
(A) A federal grant award under 23 U.S.C. 117 for nationally
significant freight and highway projects (commonly known as
"FASTLANE" grants).
(B) A federal grant award that is authorized to be made directly
to the authority under any other federal grant program with a
transportation infrastructure component.
(2) Negotiate the terms of and enter into a supplemental funding
agreement with the Indiana department of transportation or a
political subdivision. Negotiation under this subsection may
include the execution of a preliminary memorandum of
understanding.
(3) Issue bonds or enter into leases as provided in IC 36-7.5 or IC 36-7.6 (as appropriate) for the purposes set forth in this chapter.
(b) A regional development authority may do all acts or things
necessary or proper to carry out this chapter.

Legislative History

As added by P.L.229-2017, SEC.43.