Sec. 8. As used in this chapter, "spoke" means an economic development project that is: (1) located within the area served by a district; (2) undertaken to support the activities of a hub; and (3) treated as a global commerce center under this chapter upon the approval of the district board and fiscal body of the county in which the project is located. As added by P.L.203-2005, SEC.2.
IC 5-28-26-9 "Tax increment revenues" Sec. 9. As used in this chapter, "tax increment revenues" means the property taxes attributable to the assessed value of property located in a global commerce center in excess of the base assessed value. As added by P.L.203-2005, SEC.2.