Sec. 7. (a) An application for a grant, loan, or other financial assistance from the water infrastructure assistance fund must be accompanied by all papers and opinions required by the authority.
(b) The authority may require that an application for a loan or other financial assistance from the water infrastructure assistance fund be accompanied by the following:
(1) A certification and guarantee of signatures.
(2) A certification that, as of the date of the loan or other financial assistance, no litigation is pending challenging the validity of or entry into:
(A) the grant, loan, or other financial assistance; or
(B) any security for the loan or other financial assistance.
(3) Any other certifications, agreements, security, or requirements that the authority requests.
(4) An approving opinion of nationally recognized bond counsel.
As added by P.L.189-2018, SEC.25.
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