Sec. 1. The authority exists and shall operate for the following public purposes:

(1) Assisting, at the request of a state agency, with project or program development on behalf of or in cooperation with the state agency.

Terms Used In Indiana Code 5-1.2-1-1

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(2) Providing decision making concerning access to the capital and financial markets in the name of, or for the benefit of, the state.

(3) Enabling the state to communicate, with a single voice, with the various participants in the financial markets, including credit rating agencies, investment bankers, investors, and municipal bond insurers and other credit enhancers.

(4) Facilitating opportunities for gainful employment and business opportunities by the financing of economic development projects, intrastate and interstate sales, transactions, and business activities.

(5) Facilitating the educational enrichment (including cultural, intellectual, scientific, or artistic opportunities) of all the people of the state by the financing of educational facility projects.

(6) Preventing and remediating environmental pollution, including water pollution, air pollution, sewage and solid waste disposal, radioactive waste, thermal pollution, radiation contamination, and noise pollution affecting the health and well-being of the people of the state by:

(A) the financing of economic development projects; and

(B) carrying out the purposes of this article.

(7) Facilitating the provision of safe and adequate drinking water, helping to upgrade deteriorating infrastructure, and facilitating wastewater and storm water management to positively affect the public health and well-being of the people of the state.

(8) Financing state and local infrastructure, facilities, and assets that are publicly owned, operated, or otherwise supported under this article.

(9) Carrying out the purposes of IC 5-1-17.5 concerning a motorsports investment district.

(10) Administering a regional development authority infrastructure fund established under IC 36-9-43-9.

(11) Managing, applying, and operating each of the programs in a manner to positively affect the public health, economic welfare, and well-being of the state and its citizens.

(12) Otherwise positively affecting the public health, economic welfare, and well-being of the state and its citizens by carrying out the purposes of this article.

As added by P.L.189-2018, SEC.25.

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