Terms Used In Indiana Code > Title 36 > Article 7 > Chapter 29 - Local Environmental Response Financing

• Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
• board: refers to the local environmental response financing board established by section 10 of this chapter. See Indiana Code 36-7-29-2
• Contract: A legal written agreement that becomes binding when signed.
• district: refers to the special taxing district established by section 9 of this chapter. See Indiana Code 36-7-29-3
• Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
• Fiduciary: A trustee, executor, or administrator.
• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. ^{Source: OCC}
• Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
• Lien: A claim against real or personal property in satisfaction of a debt.
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• Population: has the meaning set forth in Indiana Code 1-1-4-5
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• qualified site: means a site that is wholly or partially located in the district and on July 1, 1994, is:

  Indiana Code 36-7-29-4

• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
• real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
• remedial action: has the meaning set forth in IC 13-11-2-185. See Indiana Code 36-7-29-5
• removal: has the meaning set forth in IC 13-11-2-187. See Indiana Code 36-7-29-6
• responsible person: has the meaning set forth in IC 13-11-2-192(b). See Indiana Code 36-7-29-7
• Statute: A law passed by a legislature.
• substance: has the meaning set forth in IC 13-11-2-98 for the term "hazardous substance". See Indiana Code 36-7-29-8
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5