§ 8-1.5-2-8 — Preliminary expenses; appropriation

Indiana § 8-1.5-2-8

• Jurisdiction: Indiana
• Art. 1.5: MUNICIPAL UTILITIES
• Ch. 2: Transfer, Acquisition, and Improvement of Utilities by

Text

Before a municipal legislative body:
(1) proposes to construct or acquire a utility; and
(2) makes a determination as to public convenience and necessity;
it may appropriate out of its general fund an amount not exceeding five
percent (5%) of the total estimated cost of constructing or acquiring the
utility, as necessary to pay the expenses of a preliminary investigation,
surveys, plans, specifications, and appraisals, including engineering
and legal expenses in constructing or acquiring the utility. Any action
by the municipal legislative body in making an appropriation is final
and not subject to review by the department of local government
finance. The municipal legislative body may renew or adjust the
appropriation on an annual basis until the construction or acquisition
of the utility is complete.
As added by Acts 1982, P.L.74, SEC.1. Amended by
P.L.90-2002, SEC.313; P.L.172-2009, SEC.4.