"Related capital expenditures" defined

Ind. Code § 36-1-12.5-3.5, under Guaranteed Savings Contracts; Energy Efficiency Programs Used by School Corporations.

Ind. Code § 36-1-12.5-3.5

Sec. 3.5. As used in this chapter, "related capital expenditures" includes capital costs that: (1) the governing body reasonably believes will be incurred during the contract term; (2) are part of or are causally connected to the conservation measures being implemented; and (3) are documented by industry engineering standards. As added by P.L.98-2002, SEC.5. Amended by P.L.168-2006, SEC.9.