Terms Used In Indiana Code 5-19-1.5-8

  • borrower: means any county, any incorporated city or town, any special taxing district, any regional sewer or water district, all other political units now existing or hereafter created, and any not-for-profit corporation eligible for federal or state grants. See Indiana Code 5-19-1.5-1
  • project: means the facilities, public works or undertaking for which the grant is made applicable. See Indiana Code 5-19-1.5-1
   Sec. 8. A borrower may not finance a project with loans authorized by this chapter unless that fact is included in all advertisements for bids for construction work on that project.

As added by Acts 1981, P.L.61, SEC.1.