Sec. 4. (a) Where a grade separation results from a railroad relocation project funded in substantial part by the federal government, the shares of the cost of the grade separation shall be allocated among all the participating governmental units and affected railroads as they may agree.
(b) A county, city, or town, in connection with any railroad relocation project funded in substantial part by the federal government, may:
(1) purchase, lease, or sell real or personal property;
(2) design and construct any pedestrian, motor vehicle, or railroad transportation facilities;
(3) enter into any contracts with federal, state, or local governmental agencies or the owner or operator of any railroad transportation system;
(4) convey by deed or lease, pursuant to written agreement, any pedestrian, motor vehicle, or railroad transportation facilities for any federal, state, or local governmental agency or the owner or operator of any railroad transportation system;
(5) issue any bonds, notes, or warrants for financing its share of the cost of the project; and
(6) perform all incidental and necessary acts in connection with the railroad relocation project.
(c) A city or town may exercise powers granted by this section within four (4) miles outside its corporate boundaries.
As added by P.L.65-1984, SEC.1.
Structure Indiana Code
Title 8. Utilities and Transportation
Chapter 3. Division of Costs of Improvements to Railroad Grade Separations
8-6-3-1. Percentage Allocation; Railroads and Public Entities
8-6-3-2. Application of Other Laws; Maintenance After Construction
8-6-3-3. Order or Consent by Department
8-6-3-4. Railroad Relocation Projects; Allocation of Cost; Local Government Powers