§ 5-1.2-14-8.2 — Project prioritization system for awarding loans and grants; variables to be included

Indiana § 5-1.2-14-8.2

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 1.2: INDIANA FINANCE AUTHORITY
• Ch. 14: Water Infrastructure Assistance Program

Text

2. (a) The authority shall establish a project
prioritization system for the purposes of awarding loans and grants
from the water infrastructure assistance fund. The project prioritization
system must be based on a model that includes at least the following
variables:
(1) The effect of a project on the environment and public health
and safety.
(2) The effect upon the user rates and charges of participants.
(3) The existence of plans for collaboration with other entities.
(4) The existence of a plan to measure and manage non-revenue
water.
(5) Whether an applicant is employing other best practices as
determined by the authority.
(b) The authority shall use the results of the project prioritization
system established under subsection (a) to create a project priority list,
and shall use the project priority list in awarding grants, loans, and
other financial assistance under this chapter. The authority may adjust
the project priority list established under this section:
(1) if the authority determines that unforeseen circumstances
require an adjustment; or
(2) in case of an emergency.

Legislative History

As added by P.L.56-2019, SEC.6. Amended by P.L.18-2022, SEC.8.