Indiana Code 8-14-10-8. Costs payable from fund
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Sec. 8. The department may use the money in the fund only to pay the following costs:
(2) The cost of acquisition of all land, rights-of-way, property, rights, easements, and any other legal or equitable interests acquired by the department for the construction or reconstruction of a state highway, including the cost of any relocations incident to the acquisition.
(1) The cost of construction or reconstruction of a state highway.
Terms Used In Indiana Code 8-14-10-8
- department: refers to the Indiana department of transportation. See Indiana Code 8-14-10-1
- Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
- fund: refers to the state highway road construction and improvement fund. See Indiana Code 8-14-10-2
- Highway: includes county bridges and state and county roads, unless otherwise expressly provided. See Indiana Code 1-1-4-5
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- reconstruction: includes the improvement, enlargement, or extension of a highway, but does not include maintenance or repairs. See Indiana Code 8-14-10-3
- state highway: means any highway that is designated as part of the state highway system under IC 8-23-4. See Indiana Code 8-14-10-4
(3) The cost of demolishing or removing any buildings, structures, or improvements on property acquired by the department for the construction or reconstruction of a state highway.
(4) Engineering and legal expenses, and the costs of plans, specifications, surveys, estimates, and any necessary feasibility studies.
(5) Payment of rentals and performance of other obligations under contracts or leases securing bonds issued under IC 8-14.5-6.
As added by P.L.68-1988, SEC.11. Amended by P.L.246-2005, SEC.77.