§ 5-1.2-10-11 — Duties

Indiana § 5-1.2-10-11

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 1.2: INDIANA FINANCE AUTHORITY
• Ch. 10: Wastewater and Drinking Water Revolving Loan

Text

For the purposes of this chapter, the
authority shall do the following:
(1) Administer, hold, and manage all aspects of each fund and the
wastewater or drinking water program, and any related fund or
account the authority creates under this chapter.
(2) Be the point of contact in relations with the United States
Environmental Protection Agency.
(3) Prepare and provide wastewater or drinking water program
information.
(4) Ensure that each proposed financial assistance agreement
meets the environmental and technical aspects of the wastewater
or drinking water program.
(5) Periodically inspect project design and construction to
determine compliance with the following:
(A) This chapter.
(B) The federal Clean Water Act or the federal Safe Drinking
Water Act.
(C) Construction plans and specifications.
(6) Negotiate the negotiable aspects of each financial assistance
agreement.
(7) Manage any payment systems through which the state receives
grant payments from the federal government for the wastewater
or drinking water program and disbursements to the wastewater
SRF fund or drinking water SRF fund.
(8) Prepare annual reports concerning each fund and program.
(9) Be the point of contact with participants and other interested
persons in preparing and providing wastewater or drinking water
program information.
(10) Prepare or cause to be prepared each financial assistance
agreement.
(11) Sign each financial assistance agreement.
(12) Conduct or cause to be conducted an evaluation as to the
financial ability of each participant to pay the loan or other
financial assistance and other obligations evidencing the loans or
other financial assistance, if required to be paid, and comply with
the financial assistance agreement.

Legislative History

As added by P.L.189-2018, SEC.25.