Sec. 3.5. As used in this chapter, “related capital expenditures” includes capital costs that:

(1) the governing body reasonably believes will be incurred during the contract term;

Terms Used In Indiana Code 36-1-12.5-3.5

  • Contract: A legal written agreement that becomes binding when signed.
  • governing body: means the following:

    Indiana Code 36-1-12.5-1.5

  • industry engineering standards: includes the following:

    Indiana Code 36-1-12.5-2.5

(2) are part of or are causally connected to the conservation measures being implemented; and

(3) are documented by industry engineering standards.

As added by P.L.98-2002, SEC.5. Amended by P.L.168-2006, SEC.9.