Sec. 3. (a) The resolution adopted under section 2 of this chapter may also authorize the issuance of waste management development bonds payable solely from:
(1) revenues and receipts derived from a financing agreement; or
(2) payments made under a guaranty agreement by a developer, user, or any other person.
(b) The waste management development bonds are not in any respect a general obligation of the district.
[Pre-1996 Recodification Citation: 13-9.5-9-5(e) part.]
As added by P.L.1-1996, SEC.11.
Structure Indiana Code
Article 21. Solid Waste Management Districts
Chapter 9. Financing: Waste Management Development Bonds
13-21-9-1. Financing Facilities; Negotiations
13-21-9-2. Public Hearing and Notice; Financing Agreement
13-21-9-3. Waste Management Development Bonds
13-21-9-4. Financing Agreement; Payments; Term; Retention of Interest in Facility by District
13-21-9-5. Bonds; Expenses, Premiums, and Commissions