Title 36, LOCAL GOVERNMENT

Sec. 12.3. (a) This section applies to a redevelopment commission in a county having a United States government military base that is scheduled for closing or is completely or partially inactive or closed. (b) The county executive body may adopt an ordinance to elect to allow the…

Sec. 12.5. (a) This section applies only to an authority in a county having a United States government military base that is scheduled for closing or is completely or partially inactive or closed. (b) In order to accomplish the purposes set forth in section 11 of this chapter, an…

Sec. 12.6. An authority may enter into a written agreement with a taxpayer who owns, or is otherwise obligated to pay property taxes on, tangible property that is or will be located in an allocation area established under this chapter in which the taxpayer waives review of any as…

Sec. 13. (a) Bonds issued under IC 36-7-14 may be refunded as provided in this section. (b) Subject to the prior approval of the fiscal body of the unit under IC 36-7-14-25.2, the commission may: (1) lease all or a portion of a local public improvement or improvements to the auth…

Sec. 14. (a) Before a lease may be entered into, the commission must: (1) find that the lease rental provided for is fair and reasonable; and (2) obtain the prior approval of the fiscal body of the unit under IC 36-7-14-25.2. (b) A lease of local public improvements from the auth…

Sec. 15. This chapter and IC 36-7-14-25.2 or IC 36-7-30-20, contain full and complete authority for leases between the authority and the commission. No law, procedure, proceedings, publications, notices, consents, approvals, orders, or acts by the board or the commission or any o…

Sec. 16. If the lease provides for a local public improvement or improvements thereto to be constructed by the authority, the plans and specifications shall be submitted to and approved by the commission. As added by P.L.380-1987(ss), SEC.18.

Sec. 17. The authority and the commission may enter into common wall (party wall) agreements or other agreements concerning easements or licenses. These agreements shall be recorded with the recorder of the county. As added by P.L.380-1987(ss), SEC.18.

Sec. 18. (a) The commission may lease for a nominal lease rental, or sell to the authority, one (1) or more local public improvements or portions thereof or land upon which a local public improvement is located or is to be constructed. (b) Any lease of all or a portion of a local…

Sec. 19. (a) Subject to the prior approval of the legislative body of the unit under IC 36-7-14-25.1, the authority may issue bonds for the purpose of obtaining money to pay the cost of: (1) acquiring property; (2) constructing, improving, reconstructing, or renovating one (1) or…

Sec. 2. As used in this chapter, "authority" refers to a redevelopment authority created by this chapter. As added by P.L.380-1987(ss), SEC.18.

Sec. 20. (a) This chapter contains full and complete authority for the issuance of bonds. No law, procedure, proceedings, publications, notices, consents, approvals, orders, or acts by the board of any other officer, department, agency, or instrumentality of the state or of any p…

Sec. 21. (a) The authority may secure bonds issued under this chapter by a trust indenture between the authority and a corporate trustee, which may be any trust company or national or state bank within Indiana that has trust powers. (b) Before a trust indenture may be entered int…

Sec. 22. If the commission exercises its option to purchase leased property, it may, subject to the prior approval of the legislative body of the unit under IC 36-7-14-25.1, issue its bonds as authorized by statute. As added by P.L.380-1987(ss), SEC.18. Amended by P.L.149-2014, S…

Sec. 23. All: (1) property owned by the authority; (2) revenues of the authority; and (3) bonds issued by the authority, the interest on the bonds, the proceeds received by a holder from the sale of bonds to the extent of the holder's cost of acquisition, proceeds received upon r…

Sec. 24. Any action to contest the validity of bonds to be issued under this chapter may not be brought after the fifteenth day following: (1) the receipt of bids for the bonds, if the bonds are sold at public sale; or (2) the publication one (1) time in a newspaper of general ci…

Sec. 3. As used in this chapter, "board" refers to the board of directors of the authority. As added by P.L.380-1987(ss), SEC.18.

Sec. 4. As used in this chapter, "bonds" means bonds, notes, or other evidence of indebtedness issued by the authority. As added by P.L.380-1987(ss), SEC.18.

Sec. 5. As used in this chapter, "commission" refers to a redevelopment commission established under IC 36-7-14 or a military base reuse authority established under IC 36-7-30 and located outside the boundaries of a county with a consolidated city. As added by P.L.380-1987(ss), S…

Sec. 6. As used in this chapter, "local public improvement" means any of the following: (1) A redevelopment project. (2) A purpose of a commission under IC 36-7-14 or IC 36-7-30. (3) A purpose of an authority under this chapter. As added by P.L.380-1987(ss), SEC.18. Amended by P.…

Sec. 7. (a) A ____________ Redevelopment Authority (the blank to be filled in with a name designated by the legislative body of the unit) may be created in the unit as a separate body corporate and politic and as an instrumentality of the unit to exercise any power granted to the…

Sec. 8. (a) The board is composed of three (3) members, who must be residents of the unit appointed by the executive of the unit. (b) A member is entitled to serve a three (3) year term. A member may be reappointed to subsequent terms. (c) If a vacancy occurs on the board, the ex…

reports Sec. 9. (a) Each year, the board shall hold an organizational meeting on a day that is not a Saturday, a Sunday, or a legal holiday and that is their first meeting day of the year. It shall elect one (1) of the members president, another vice president, and another secret…

Sec. 9.5. (a) This section applies to meetings under IC 5-14-1.5 of members of: (1) the commission; or (2) the board. (b) The definitions in IC 5-14-1.5 apply to this section. (c) A member may participate in a meeting by an electronic means that allows: (1) all participating memb…

Sec. 1. This chapter applies to all counties. As added by P.L.44-1984, SEC.16.

Sec. 2. The county legislative body may establish a cumulative capital development fund under IC 6-1.1-41 to provide money for any purpose for which property taxes may be imposed within the county under the authority of: IC 3-11-6-9; IC 8-16-3; IC 8-16-3.1; IC 8-22-3-25; IC 14-27…

Sec. 6. (a) The county fiscal body may provide money for the cumulative capital development fund by levying a tax in compliance with IC 6-1.1-41 on the taxable property in the county. For purposes of this section, a county in which only the county economic development income tax …

Sec. 8. (a) The tax money collected under this chapter shall be held in a special fund to be known as the cumulative capital development fund. (b) In a county having a consolidated city, money may be transferred from the fund to the fund of a department of the consolidated city r…