Ind. Code § 5-1.2-9-16
Current through P.L. 171-2024
A financing agreement approved under this chapter must provide for payments in an amount sufficient to pay the principal of, premium for (if any), and interest on the bonds authorized for the financing of the economic development project. However, interest payments for the anticipated construction period, plus a period of not more than one (1) year, may be funded in the bond issue.
IC 5-1.2-9-16