Indiana Code > Title 8 > Article 25 > Chapter 5 – Bonding for Central Indiana Public Transportation Projects


§ 8-25-5-1	Applicability
§ 8-25-5-2	“Bonds”
§ 8-25-5-3	Bond issues; purposes; notice and hearing
§ 8-25-5-4	Ordinance authorizing bonds; method of sale; price
§ 8-25-5-5	Optional provisions of ordinance
§ 8-25-5-6	Pledges of revenues, covenants
§ 8-25-5-7	Trust indentures
§ 8-25-5-8	Execution and attestation of bonds
§ 8-25-5-9	Use of bond proceeds
§ 8-25-5-10	Bonds as negotiable instruments; registration
§ 8-25-5-11	Tax exemption
§ 8-25-5-12	Exemption from securities registration laws
§ 8-25-5-13	State covenant not to impair bondholder rights and remedies
§ 8-25-5-14	Certain procedures for issuance of bonds inapplicable
§ 8-25-5-15	State moral obligation not created

Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
bonds: has the meaning set forth in IC 36-1-2-2. See Indiana Code 8-25-5-2
Contract: A legal written agreement that becomes binding when signed.
Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Property: includes personal and real property. See Indiana Code 1-1-4-5
Trustee: A person or institution holding and administering property in trust.