2018 Indiana Code
TITLE 4. State Offices and Administration
ARTICLE 30. INDIANA STATE LOTTERY
CHAPTER 17. Build Indiana Fund
4-30-17-4.5. Project statement

Universal Citation: IN Code § 4-30-17-4.5 (2018)
IC 4-30-17-4.5 Project statement

     Sec. 4.5. (a) To receive funding for a state or local capital project, an eligible recipient must provide the budget agency with a project statement on a form prescribed under subsection (b).

     (b) The budget agency shall prescribe a project statement form for its use in certifying eligible recipients under this section. The form must require the entity submitting the project statement to provide the following information:

(1) The name, mailing address, federal tax identification number, and state tax identification number of the eligible recipient.

(2) The legal status of the eligible recipient, including whether the eligible recipient is a governmental entity, a state educational institution, a volunteer fire department, or an entity exempt from income taxation under Section 501(c)(3) of the Internal Revenue Code.

(3) The full name, title, address, and telephone number of the individual who will serve as the contact person for the project and a description of any contractual relationship that the person has with the eligible recipient, if the person is not a member or an employee of the eligible recipient.

(4) A list of the full name and address of any individual who is associated with the eligible recipient and who serves as a presiding officer of a governing board, a managing partner, an officer, or an office manager of the eligible recipient.

(5) The name and a description of the project.

(6) The street or other physical address where the project will be located when completed.

(7) A statement of the need for the project.

(8) An estimate of the total project cost.

(9) The current status of the project, including the percentage of completion at the time the project statement is submitted, for which funding is requested.

(10) The anticipated completion date for the project.

(11) The amounts of funding previously appropriated or received from the build Indiana fund, including information concerning any funds not spent at the time the project statement is submitted.

(12) An itemization of all other governmental and private sources of funds for the particular project.

(13) The name, position, and telephone number of a contact person associated with any funding source identified under subdivision (12).

(14) The financial institution where all funds received under this chapter will be deposited.

(15) The name, position, and telephone number of a contact person employed by the financial institution listed under subdivision (14).

(16) Any additional or alternative information required by the budget agency.

     (c) The budget agency shall review each project statement submitted under this section. If the budget agency determines that:

(1) the project statement is complete;

(2) the recipient qualifies as an eligible recipient; and

(3) an appropriation applies to the eligible recipient and project;

the budget agency shall certify to the budget committee that the eligible recipient and capital project have complied with this section and provide a copy of the project statement to the budget committee.

As added by P.L.186-2002, SEC.4.

 

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