Sec. 8. "Economic development project" means any project that: (1) the county, city, or town determines will: (A) promote significant opportunities for the gainful employment of its citizens; (B) attract a major new business enterprise to the county, city, or town; or (C) retain or expand a significant business enterprise within the county, city, or town; and (2) involves an expenditure for: (A) the acquisition of land; (B) interests in land; (C) site improvements; (D) infrastructure improvements; (E) buildings; (F) structures; (G) rehabilitation, renovation, and enlargement of buildings and structures; (H) machinery; (I) equipment; (J) furnishings; (K) facilities; (L) administrative expenses associated with a project described in this section, including contract payments to a nonprofit corporation whose primary corporate purpose is to assist government in planning and implementing economic development projects; (M) operating expenses of a governmental entity that plans or implements economic development projects; or (N) substance removal or remedial action in a designated county, city, or town; or any combination of these. As added by P.L.243-2015, SEC.10.
IC 6-3.6-2-9 "Executive" Sec. 9. "Executive" has the meaning set forth in IC 36-1-2-5. As added by P.L.243-2015, SEC.10.