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360 chapters · 5,892 sections in this title.
Ind. Code § 36-12-10-13 Tax levy to pay lease rentals
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Sec. 13. A municipal corporation that executes a lease under this chapter shall annually levy a special tax, in addition to other taxes authorized by law, sufficient to produce each year the necessary funds with which to pay the lease rental stipulated to be paid by the municipal…
Ind. Code § 36-12-10-14 Tax exemptions
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Sec. 14. All property owned by a lessor corporation contracting with a municipal corporation or corporations under this chapter and all stock and other securities, including the interest or dividends issued by a lessor corporation, are exempt from all state, county, and other tax…
Ind. Code § 36-12-10-2 Power to lease library buildings; conditions; joint lease contracts
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Sec. 2. (a) A municipal corporation may lease a building or buildings to use as a library under the following conditions: (1) A lease may not be entered into for a period of more than forty (40) years. (2) Before a lease is entered into, there must first be filed with the governi…
Ind. Code § 36-12-10-3 Authorized purposes of leases; limitations on profit; disposition of excess funds
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Sec. 3. (a) A municipal corporation may enter into a lease under this chapter only with a nonprofit corporation organized under Indiana law for the sole purpose of: (1) acquiring real property; (2) building, improving, constructing, or renovating a suitable library building or bu…