Indiana Code 14-33-23-5. Water line or water supply installation becoming property of municipality
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Sec. 5. (a) This section applies to a water line or water supply installation installed by a district serving an area that subsequently comes within the corporate limits of a municipality that:
(2) owns and operates a waterworks serving the municipality.
(1) is not a part of the district; and
Terms Used In Indiana Code 14-33-23-5
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
(b) The water line or water supply installation may become the property of the municipality at the option of the municipality, with agreement of the district and approval of the court.
(c) The municipality must reimburse the district at a figure equaling the district’s verified cost. If the municipality and the district fail to agree upon the compensation, the municipality and district shall submit the matter to the Indiana utility regulatory commission for determination. The district shall protect the district’s own operations and obligations.
[Pre-1995 Recodification Citation: 13-3-3-100(b).]
As added by P.L.1-1995, SEC.26.