Sec. 5. (a) The authority shall study the need for and feasibility of constructing a new toll road under IC 8-15-2 or a new toll bridge under IC 8-16-1 only after receiving the approval of the commissioner of the Indiana department of transportation.
(b) If a study conducted under IC 8-15-2-20 indicates that a toll road project would have a substantial and positive impact, the authority shall recommend to the commissioner of the Indiana department of transportation that the toll road project be initiated.
As added by P.L.109-1983, SEC.3. Amended by P.L.68-1988, SEC.8; P.L.112-1989, SEC.2.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 9.5. Transportation Agencies
Chapter 8. Indiana Finance Authority: Additional Duties
8-9.5-8-5. Feasibility Studies
8-9.5-8-6. Contracts or Leases; Requisite Provisions
8-9.5-8-7. Contracts; Purposes; Requisite Additional Provisions
8-9.5-8-8. Leases; Purposes; Requisite Additional Provisions
8-9.5-8-9. Tolls; Imposition and Collection
8-9.5-8-10. Toll Road or Toll Bridge Bonds Authorized; Limitations
8-9.5-8-11. Issuance of Additional Bonds