Sec. 12. The authority shall, if appropriate, require a participant receiving a loan or other financial assistance from the water infrastructure assistance fund to establish under applicable law and maintain sufficient user charges or other charges, fees, taxes, special assessments, or revenues available to the participant to:
(1) operate and maintain its water system or wastewater collection and treatment system; and
(2) pay the obligations of its water system or wastewater collection and treatment system, including all debt service associated with financial assistance from the water infrastructure assistance fund.
As added by P.L.56-2019, SEC.9.
Structure Indiana Code
Title 5. State and Local Administration
Article 1.2. Indiana Finance Authority
Chapter 14. Water Infrastructure Assistance Program
5-1.2-14-1.2. "Non-Revenue Water"
5-1.2-14-2. Water Infrastructure Assistance Program; Establishment
5-1.2-14-3. Water Infrastructure Assistance Fund
5-1.2-14-5. Guidelines; Interest Rate or Parameters
5-1.2-14-6. Grants, Loans, Other Financial Assistance; Conditions
5-1.2-14-7. Application; Required Submissions
5-1.2-14-8.2. Project Prioritization System for Awarding Loans and Grants; Variables to Be Included
5-1.2-14-8.4. Utilities Serving Less Than 3,200 Customers
5-1.2-14-8.6. Advisory Services in Connection With Loan
5-1.2-14-10. Pledging of Loans
5-1.2-14-12. Requirement to Maintain Sufficient User Charges
5-1.2-14-13. Alternative of Providing Leveraged Loan Program
5-1.2-14-14. Use of Money in Fund to Establish Leveraged Loan Program