Indiana § 8-23-30-6 Local matching amount

Indiana Statutes

§ 8-23-30-6 — Local matching amount

Indiana·Art. 23 INDIANA DEPARTMENT OF·Ch. 30 Local Road and Bridge Matching Grant Fund

If the department approves a grant to a local unit under this chapter, the required local matching amount by the local unit is equal to the following applicable percentage of the total cost of the eligible project:

(1)For a county applicant, the following:

(A)Fifty percent (50%), if the county has a population greater than or equal to fifty-five thousand (55,000).

(B)Twenty percent (20%), if the county has a population of less than fifty-five thousand (55,000).

(2)For a city or town applicant, the following:

(A)Fifty percent (50%), if the city or town has a population greater than or equal to ten thousand (10,000).

(B)Twenty percent (20%), if the city or town has a population of less than ten thousand (10,000).

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If the department approves a grant to a local
unit under this chapter, the required local matching amount by the local
unit is equal to the following applicable percentage of the total cost of
the eligible project:
(1) For a county applicant, the following:
(A) Fifty percent (50%), if the county has a population greater
than or equal to fifty-five thousand (55,000).
(B) Twenty percent (20%), if the county has a population of
less than fifty-five thousand (55,000).
(2) For a city or town applicant, the following:
(A) Fifty percent (50%), if the city or town has a population
greater than or equal to ten thousand (10,000).
(B) Twenty percent (20%), if the city or town has a population
of less than ten thousand (10,000).

Indiana § 8-23-30-6 (Local matching amount) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.