Indiana Code 36-1-12.5-10. Submission of contract and annual report to department of local government finance
(1) provide to the director of the department of local government finance not more than sixty (60) days after the date of execution of the guaranteed savings contract:
Terms Used In Indiana Code 36-1-12.5-10
- Contract: A legal written agreement that becomes binding when signed.
- governing body: means the following:
Indiana Code 36-1-12.5-1.5
- guaranteed savings contract: refers to a contract entered into under this chapter, in which a qualified provider enters into an agreement with the governing body to:
Indiana Code 36-1-12.5-2
- industry engineering standards: includes the following:
Indiana Code 36-1-12.5-2.5
- related capital expenditures: includes capital costs that:
Indiana Code 36-1-12.5-3.5
- revenues: include only revenues of a municipal water or wastewater utility operated by a political subdivision. See Indiana Code 36-1-12.5-0.6
- utility efficiency program: refers to an energy, a water, or a wastewater efficiency program that:
Indiana Code 36-1-12.5-4
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(B) the:
(i) energy or water consumption costs;
(ii) wastewater usage costs; and
(iii) billable revenues, if any;
before the date of execution of the guaranteed savings contract; and
(C) the documentation using industry engineering standards for:
(i) stipulated savings; and
(ii) related capital expenditures; and
(2) annually report to the director of the department of local government finance, in accordance with procedures established by the department, the savings resulting in the previous year from the guaranteed savings contract or utility efficiency program.
As added by P.L.24-1993, SEC.6. Amended by P.L.208-1995, SEC.10; P.L.98-2002, SEC.7; P.L.1-2006, SEC.556; P.L.168-2006, SEC.18; P.L.109-2015, SEC.57; P.L.233-2015, SEC.331.