§ 8-15.7-3-1 — Power to enter into public-private agreement

Indiana § 8-15.7-3-1

• Jurisdiction: Indiana
• Art. 15.7: PUBLIC-PRIVATE PARTNERSHIPS
• Ch. 3: Formation of an Agreement

Text

Subject to IC 8-15.7-1-5, the department may
exercise the powers granted by this article to carry out:
(1) the development;
(2) the financing;
(3) the operation; or
(4) any combination of the development, financing, and operation;
of all or part of one (1) or more projects through public-private
agreements with one (1) or more private entities. The parties to a
public-private agreement that relates to a tollway or a project that
otherwise charges user fees may exercise any of the powers granted to
the party under IC 8-15-3. The department may use the revenues
arising out of one (1) project or public-private agreement for all or part
of the development, financing, and operation of any part of one (1) or
more other projects through public-private agreements with one (1) or
more private entities or as otherwise considered appropriate by the
department.

Legislative History

As added by P.L.47-2006, SEC.40.