Sec. 14. (a) Notwithstanding IC 36-7.5-2-8, the NWIRDA and the NICTD may utilize and may comply with the provisions of:

(1) IC 5-16;

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Terms Used In Indiana Code 5-1.3-3-14

  • Contract: A legal written agreement that becomes binding when signed.
(2) IC 5-23;

(3) IC 5-30;

(4) IC 5-32;

(5) IC 36-1-12; or

(6) any combination of the statutes listed in subdivisions (1) through (5) as determined by the NWIRDA or the NICTD, whichever is appropriate;

when financing, acquiring and constructing a rail project under this article.

     (b) The NWIRDA and the NICTD may contract to finance, acquire, and construct a rail project in accordance with this section.

As added by P.L.189-2018, SEC.26.