§ 8-6-3-4 — Railroad relocation projects; allocation of cost; local government powers

Indiana § 8-6-3-4

• Jurisdiction: Indiana
• Art. 6: RAILROAD CROSSINGS
• Ch. 3: Division of Costs of Improvements to Railroad Grade

Text

(a) Where a grade separation results from a
railroad relocation project funded in substantial part by the federal
government, the shares of the cost of the grade separation shall be
allocated among all the participating governmental units and affected
railroads as they may agree.
(b) A county, city, or town, in connection with any railroad
relocation project funded in substantial part by the federal government,
may:
(1) purchase, lease, or sell real or personal property;
(2) design and construct any pedestrian, motor vehicle, or railroad
transportation facilities;
(3) enter into any contracts with federal, state, or local
governmental agencies or the owner or operator of any railroad
transportation system;
(4) convey by deed or lease, pursuant to written agreement, any
pedestrian, motor vehicle, or railroad transportation facilities for
any federal, state, or local governmental agency or the owner or
operator of any railroad transportation system;
(5) issue any bonds, notes, or warrants for financing its share of
the cost of the project; and
(6) perform all incidental and necessary acts in connection with
the railroad relocation project.
(c) A city or town may exercise powers granted by this section
within four (4) miles outside its corporate boundaries.

Legislative History

As added by P.L.65-1984, SEC.1.