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Ind. Code § 8-4.5-5-10

Request for preconstruction costs

As added by P.L.40-1995, SEC.3.

Sec. 10. (a) The board may grant an applicant's request for preconstruction project planning design and development costs.

(b) A request submitted under subsection (a) must be in writing.

(c) The board may not grant a request under subsection (a) if the total design and development expenditure exceeds fifteen percent (15%) of the total construction costs for the project.

(d) The board shall require adequate documentation of eligible costs before approving reimbursement under this section.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.