Section 8-14.5-6-2 - Approval; identification of funding objectives(a) Before the issuance of bonds or notes, the authority must receive the approval of: (1) the commissioner of the Indiana department of transportation; and(b) Before the issuance of bonds or notes, the department shall identify:(1) the project or projects to be financed from the proceeds of the bonds or notes; or(2) the project or projects proposed to be financed from the proceeds of the bonds or notes, the projected cost and useful life of which will form a basis upon which the authority may reasonably determine that the limitations in sections 3 and 5(b) of this chapter will be complied with if the proposed project or projects are financed from the bonds or notes.As added by P.L. 68-1988, SEC.12. Amended by P.L. 112-1989, SEC.4; P.L. 260-1997 (ss), SEC.55.