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https://t.co/VScI9RPLO8 Oh boy... You guys ready for this one? In 2022, Indiana passed Senate Enrolled Act 166, creating a new pathway for government entities to enter into public-private agreements for transportation and infrastructure projects. The law allows tools like availability payments, private financing, and tax exemptions for qualifying projects. I came across an article from Avenew, a company that markets BOT financing. They specifically highlighted SB166 as opening the door for these types of projects and pointed to Build Operate Transfer (BOT) financing as a way communities can move major infrastructure projects forward. So what is a BOT? A Build Operate Transfer agreement is a public-private partnership where a private company helps finance, build, and operate a public project before eventually transferring it back to the government. In simple terms: The private company helps build and manage the project upfront, the government makes payments over time, and ownership eventually transfers back. Now here’s where things get interesting. IEDC contract records show agreements involving Garmong BOT Development totaling approximately $29.3 million. So who authored SB166? State Senator Kyle Walker. And who is now listed as Senior Vice President of Development at Garmong? State Senator Kyle Walker. To be clear: Walker was not working for Garmong when he authored SB166. However, after announcing he would not seek another term in the Indiana Senate, Walker later joined Garmong. So let’s break this down: • A state law created a new pathway for public-private infrastructure agreements. • That law was authored by a sitting state senator. • The senator later joined a company with a BOT Development division. • That company now appears in IEDC contract records totaling nearly $30 million. But hey... maybe it’s all just a coincidence. SAUCE: https://t.co/5pwk7CzUkL https://t.co/RIIZ8HCb9M https://t.co/TYmzAWyoYi