Option to renew lease

Ind. Code § 5-1-17.5-33, under Chapter 17.5. Motorsports Investment District.

Ind. Code § 5-1-17.5-33

Sec. 33. A lease from the authority to the commission under section 32 of this chapter may provide the commission with an option to renew the lease for the same term or a shorter term, on the conditions provided in the lease. As added by P.L.233-2013, SEC.5.