Laserfiche WebLink
Drinking Water SRF Fund" shall mean the drinking water revolving loan fund as <br />established by I.C. 5-1.2-10-2. <br />Drinking Water SRF Indenture" shall mean the Fourth Amended and Restated <br />Drinking Water SRF Trust Indenture, dated as of September 1, 2019 between the Finance <br />Authority(as successor by operation of law to the State in all matters related to the Drinking Water <br />SRF Program)and the Trustee, as amended and supplemented from time to time. <br />Drinking Water System" shall mean all, or any part of, the system for the provision to <br />the public of water for human consumption through pipes and other constructed conveyances that: <br />1) has at least fifteen (15) service connections; or <br />2) regularly serves at least twenty-five(25) individuals; <br />and as further defined and described in I.C. 13-11-2-177.3 and SRF Policy Guidelines,as amended <br />and supplemented from time to time. <br />Eligible Cost" shall mean and include, whether incurred before or after the date of this <br />Agreement, all costs which have been incurred and qualify for Financial Assistance, including <br />engineering, financing and legal costs related thereto. <br />Finance Authority" shall mean the Indiana Finance Authority, a body politic and <br />corporate, not a state agency but an independent instrumentality of the State. <br />Finance Authority Bonds" shall mean any Finance Authority State Revolving Fund <br />Program Bonds or other similar obligations of the Finance Authority issued as a part of the <br />Drinking Water SRF Program within the meaning of the Drinking Water SRF Indenture. <br />Financial Assistance" shall mean the financial assistance authorized by the Safe <br />Drinking Water Act, including the Loan. <br />Fiscal Sustainability Plan" means in connection with a project that provides for the <br />repair, replacement, or expansion of an existing Drinking Water System, a plan that is consistent <br />with SRF Policy Guidelines including applicable requirements of the Drinking Water SRF Act and <br />includes (a) an inventory of critical assets that are a part of the Drinking Water System, (b) an <br />evaluation of the condition and performance of inventoried assets or asset groupings; (b) a <br />certification that the Participant has evaluated and will be implementing water and energy <br />conservation efforts as part of the plan;and(d)a plan for maintaining,repairing,and,as necessary, <br />replacing the Drinking Water System and a plan for funding such activities. <br />Loan" shall mean the purchase of the Bonds by the Finance Authority to finance the <br />planning, designing, constructing, renovating, improving and expanding of the Participant's <br />Drinking Water System or refinance an existing debt obligation where such debt was incurred and <br />B-4