Title 36, LOCAL GOVERNMENT

Sec. 13. 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.84-1987, SEC.14.

Sec. 14. (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. 15. (a) 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 more local public improvements; or (3) funding or refunding bonds issued under this chap…

Sec. 16. (a) This chapter contains full and complete authority for the issuance of bonds. No law, procedure, proceeding, publication, notice, consent, approval, order, or act by the board of any other officer, department, agency, or instrumentality of the state or of any politica…

Sec. 17. (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) The trust indenture may: (1) pledge or assi…

Sec. 18. If the commission exercises its option to purchase leased property, it may issue its bonds as authorized by statute. As added by P.L.84-1987, SEC.14.

Sec. 19. 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. 2. As used in this chapter, "authority" refers to the county convention and recreational facilities authority established by IC 36-10-9.1. As added by P.L.84-1987, SEC.14.

Sec. 20. 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.84-1987, SEC.14.

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.84-1987, SEC.14.

Sec. 5. As used in this chapter, "commission" refers to a redevelopment commission established under IC 36-7-15.1 or a military base reuse authority established under IC 36-7-30 and located in a county with a consolidated city. As added by P.L.84-1987, SEC.14. Amended by P.L.2-19…

Sec. 6. As used in this chapter, "local public improvement" means any redevelopment project or purpose of a commission or a unit under IC 36-7-15.1 or IC 36-7-30. As added by P.L.84-1987, SEC.14. Amended by P.L.2-1989, SEC.42; P.L.26-1995, SEC.10.

Sec. 7. (a) In addition to its purposes specified in IC 36-10-9.1-10, the authority is also organized for the following purposes: (1) Financing, constructing, and leasing local public improvements to the commission. (2) Financing and constructing additional improvements to local …

Sec. 8. (a) In addition to its powers under IC 36-10-9.1-11, the authority may also: (1) finance, improve, construct, reconstruct, renovate, purchase, lease, acquire, and equip local public improvements; (2) lease those local public improvements to the commission; (3) sue, be sue…

Sec. 8.5. An authority is: (1) subject to audit by the state board of accounts under IC 5-11; (2) covered by IC 5-14-1.5 (the public meetings law); (3) covered by IC 5-14-3 (the public records law); and (4) covered by IC 36-1-12 (the public works law). As added by P.L.149-2014, S…

Sec. 8.6. (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. 9. (a) Bonds issued under IC 36-7-15.1 may be refunded as provided in this section. (b) The commission may: (1) lease all or a portion of a local public improvement or improvements to the authority, which may be at a nominal lease rental with a lease back to the commission, …