Title 8, TITLE 8. UTILITIES AND TRANSPORTATION
337 chapters · 3,744 sections in this title.
Ind. Code § 8-1-11.1-1 Creation; board of trustees; directors; membership;
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appointment; qualifications; tenure; proceedings Sec. 1. (a) In addition to the other executive departments of a consolidated city, there is hereby created in any such city a department of public utilities, which shall have as its head and be under the general supervision and con…
Ind. Code § 8-1-11.1-10 Tax levy to pay for bonds; utility district bond fund
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Sec. 10. For the purpose of raising money to pay all bonds issued as provided in section 8 of this chapter, and the interest thereon, to the extent that moneys are not available therefor in the judgment of the board of directors for utilities from the operations of said utility p…
Ind. Code § 8-1-11.1-12 Expenditures of current income; vouchers
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Sec. 12. The current receipts and all other moneys derived from the operation of any such utility property shall be expended by said board of directors upon vouchers in a form to be determined by them, and any such funds shall be deposited in such bank or banks as may be determin…
Ind. Code § 8-1-11.1-13 Separate books of account for separate utilities
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Sec. 13. In event more than one (1) utility property is operated by said board of directors, separate books of account and records shall be kept for each utility, and the funds of each shall be kept segregated. [Pre-Local Government Recodification Citation: 19-3-24-13.] As added …
Ind. Code § 8-1-11.1-14 Quarterly accounting and report to city controller
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Sec. 14. The board of directors for utilities shall make quarterly accounting and reports to the city controller of such city, of all funds received and expended by it, and not less than sixty (60) days after the end of each calendar year the city controller shall make publicatio…
Ind. Code § 8-1-11.1-15 Board of directors free from control of department of local
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government finance Sec. 15. This chapter being necessary for and intended to secure efficient and economical management and operation of utility properties in any consolidated city taking advantage of the provisions hereof, the said board of directors shall have full power to tra…
Ind. Code § 8-1-11.1-16 Budgets; nonapplication of chapters; fixing and review of
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budgets, tax rates, and levies; limitations on property tax rates or appropriations Sec. 16. The provisions of IC 6-1.1-17 and IC 6-1.1-18 shall not apply to the board of directors created by this chapter, but such board of directors shall annually, on or before the thirty-first …
Ind. Code § 8-1-11.1-17 Examination and audit of books and accounts
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Sec. 17. The books, accounts, records and transactions of said utility district and of the board of directors thereof shall be subject to examination, audit and supervision by the state board of accounts to the same extent as the books, accounts, records and transactions of other…
Ind. Code § 8-1-11.1-18 Application of chapter to currently held or acquired utilities
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Sec. 18. Whenever in any sections of this chapter any provisions are made applying or relating to any public utility or utility property owned, held, or acquired by said city, all such provisions shall apply and relate also to any public utility and utility property which said ci…
Ind. Code § 8-1-11.1-19 "Revenue obligations" defined
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Sec. 19. As used in this chapter, "revenue obligations" shall mean any obligations, including bonds, notes, temporary, interim or permanent certificates of indebtedness, debentures or other obligations payable out of the income and revenues derived from utility property. [Pre-Loc…
Ind. Code § 8-1-11.1-2 Board of directors; appointment of officers; compensation;
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meetings; employee bonds Sec. 2. (a) The members of such board of directors for utilities shall hold a meeting on the second Monday of January of each year for the purpose of organization and to elect officers for the ensuing year. They shall choose one (1) of their members presi…
Ind. Code § 8-1-11.1-20 Revenue obligations; issuance; authorized purposes
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Sec. 20. The board of directors for utilities may issue revenue obligations for any one or more of the following purposes: (1) For the purpose of obtaining funds with which to pay for the acquisition of any utility property which any such city shall have acquired or shall have th…
Ind. Code § 8-1-11.1-21 Security for revenue obligations; issuance of additional
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obligations authorized Sec. 21. Such revenue obligations shall be secured by a pledge of the unobligated income and revenues of any one (1) or more of the utility properties of the department of public utilities. In addition, the board of directors for utilities may in its discre…
Ind. Code § 8-1-11.1-22 Resolution authorizing revenue obligations; trust indenture;
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terms of obligations Sec. 22. (a) Such revenue obligations shall be authorized by resolution adopted by the board of directors for utilities and the terms, conditions and form thereof shall be set out in such resolution or in a form of trust indenture between the corporation and …
Ind. Code § 8-1-11.1-23 Temporary loans authorized
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Sec. 23. For the purpose of providing necessary funds with which to pay the cost of acquiring any utility property, or paying off any indebtedness of or upon any utility property, so acquired, or to pay for interim costs of construction prior to long term financing, including the…
Ind. Code § 8-1-11.1-24 Revenue obligations; approval or validation; facsimile
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signatures; sale; actions to contest validity; certificates of indebtedness; execution Sec. 24. (a) All such revenue obligations shall be valid without the necessity of any approval of or ratification by either the commission or the department of local government finance. The boa…
Ind. Code § 8-1-11.1-25 Revenue obligations; eligible investments; deposit of securities
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Sec. 25. Any revenue obligations issued pursuant to the provisions of this chapter shall be eligible investments for the funds of any kind or character of every financial institution, insurance company or private trust, and such obligations shall be eligible for deposit by any fi…
Ind. Code § 8-1-11.1-3 Board of directors; powers and duties
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Sec. 3. (a) The board of directors for utilities shall have, within and outside such city as provided in this chapter, the exclusive government, management, regulation, and control of all public utilities consisting of any waterworks, gasworks, electric light works, heating and p…
Ind. Code § 8-1-11.1-3.1 Board of directors; certain powers and duties pertaining to
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municipally owned utilities Sec. 3.1. In addition to the other powers specified by this chapter and notwithstanding IC 8-1.5-3-1, the board of directors for utilities has all rights and powers conferred on a municipally owned utility by IC 8-1.5-3-4(b), IC 8-1.5-3-6, and IC 8-1.5…
Ind. Code § 8-1-11.1-3.5 Retirement, survivor, or other benefits; increase
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Sec. 3.5. (a) Every person who is receiving retirement benefits, survivor benefits or other benefits from any fund or funds established by, or under the authority of, the board of directors for utilities of the department of public utilities may have such retirement benefits, sur…
Ind. Code § 8-1-11.1-4 Directors or trustees; adverse interest in contracts
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Sec. 4. No contract shall be made for the purchase or sale of any materials or supplies on behalf of said board of directors for utilities with any trustee or director, and no trustee nor director shall have any pecuniary interest in any such contract. [Pre-Local Government Recod…
Ind. Code § 8-1-11.1-5 Actions to protect rights of cities
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Sec. 5. The board of directors for utilities in every such city may, in the name of the city, bring any such action which it deems proper in order to protect the property rights of said city with reference to any such utility property so under the control of such board, or to sec…
Ind. Code § 8-1-11.1-6 Utility districts; creation
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Sec. 6. All of the territory included within the corporate limits of any said city shall become and constitute a utility district for the purpose of providing for the furnishing of utility service in such lines of utility operation as may be taken over or owned by said city, and …
Ind. Code § 8-1-11.1-7 Expenses; procedure for payment
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Sec. 7. All preliminary expenses actually incurred by such board of directors in providing necessary records, the employment of clerks, engineers, attorneys and other employees, the making of surveys, and all other expenses of whatsoever nature necessary to be paid prior to the a…
Ind. Code § 8-1-11.1-8 Bonds authorized; purposes; terms; sale procedures;
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disposition of proceeds; mortgage bonds; temporary loans; execution Sec. 8. (a) For the purpose of raising money to pay for the acquisition of any utility property which said city shall have the right to and shall determine to acquire, or which any such city may take over as trus…
Ind. Code § 8-1-11.1-9 Disposition of bond revenues
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Sec. 9. All proceeds from the sale of bonds described under section 8 of this chapter shall be kept as a separate and specific fund to pay the cost of the acquisition of any utility property which the city shall have the right to and shall determine to acquire or the payment of o…