Indiana Statutes

§ 36-9-43-6 — Powers

Indiana·Title 36 LOCAL GOVERNMENT·Art. 9 TRANSPORTATION AND PUBLIC WORKS·Ch. 43 Regional Funding of Transportation Infrastructure
(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

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Related

§ 117
23 U.S.C. § 117

Legislative History

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

Nearby Sections

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