Indiana Code 8-1-9-3. Audits
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Terms Used In Indiana Code 8-1-9-3
- Cost of relocation: shall include the entire amount paid by a utility properly attributable to such relocation, after deducting therefrom any increase in the value of the new facility and any salvage value derived from the old facility. See Indiana Code 8-1-9-2
- Highway: when used in this chapter shall mean only those routes which are included within the national system of interstate and defense highways. See Indiana Code 8-1-9-2
- Utility: shall include all privately, municipally, publicly, or cooperatively owned systems for supplying communications, power, light, heat, electricity, gas, water, pipeline, sewer, sewage disposal, drain, or like service, directly or indirectly, to the public. See Indiana Code 8-1-9-2
Sec. 3. The cost of relocation of a utility facility is a cost of highway construction and shall be paid by the state in the same manner other costs of construction of the highway are paid. All relevant books, records, and accounts of any public utility to which a payment for a relocation has been made by the state shall be audited by the Indiana department of transportation auditor and the utility, following the audit, shall refund any portion of the payment the state determines was not properly compensable.
Formerly: Acts 1961, c.112, s.3; Acts 1965, c.321, s.1. As amended by Acts 1980, P.L.74, SEC.34; P.L.18-1990, SEC.25.