Title 36, LOCAL GOVERNMENT

Sec. 13. (a) An allocation provision adopted under this chapter must: (1) apply to the entire flood control improvement district; and (2) require that any property tax on taxable property subsequently levied by or for the benefit of any public body entitled to a distribution of p…

Sec. 14. The commission 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. 15. The commission may enter into a written agreement with a taxpayer that owns real property located in an allocation area of the district that is exempt from property tax assessment in which the taxpayer agrees to, in lieu of property taxes, pay to the unit authorized to l…

Sec. 16. (a) The fiscal officer of the unit shall establish a flood control improvement fund for each flood control improvement district that is established within the jurisdiction of the unit. (b) The fiscal officer of the unit shall deposit in the fund of a district: (1) proper…

Sec. 17. (a) The commission may issue bonds for the purpose of construction, replacement, repair, maintenance, or improvement of flood control works within a district established under this chapter, including to reimburse a unit for expenditures made from the unit's storm water f…

Sec. 18. All bonds issued under this chapter, together with the interest on them, are exempt from taxation. As added by P.L.61-2018, SEC.1.

Sec. 19. (a) In lieu of issuing bonds under section 17 of this chapter, the fiscal body of the unit that established the commission may adopt an ordinance to authorize money in a flood control improvement fund of a district to be applied to reimburse debt service payments on bond…

Sec. 2. As used in this chapter, "base assessed value" means the net assessed value of all the taxable property located in a flood control improvement district as finally determined for the assessment date immediately preceding the effective date of the resolution adopted under t…

Sec. 20. (a) Beginning the day after the maturity date of the bonds issued under section 17 of this chapter, or the bonds described in section 19(a) of this chapter, whichever is applicable, the allocation and distribution provisions under section 13 of this chapter do not apply,…

Sec. 21. (a) Not later than April 15 of each year, a commission that administers a flood control improvement fund established under section 16 of this chapter shall file with the mayor and the fiscal body of the unit that established the commission a report setting out the commis…

Sec. 22. This chapter may not be construed to prevent, hinder, disrupt, or delay the completion of any public flood control project for which there is a memorandum of agreement or that is ongoing as of May 1, 2018, including the project located in Marion County commonly referred …

Sec. 3. As used in this chapter, "board of public works" refers to the board of public works of the consolidated city. As added by P.L.61-2018, SEC.1.

Sec. 4. As used in this chapter, "commission" refers to the metropolitan development commission acting as the redevelopment commission of the consolidated city under IC 36-7-15.1. As added by P.L.61-2018, SEC.1.

Sec. 5. As used in this chapter, "district" refers to a flood control improvement district established under this chapter. As added by P.L.61-2018, SEC.1.

Sec. 6. As used in this chapter, "flood control works" includes the following: (1) The removal of obstructions and accumulated debris from channels of streams. (2) The clearing and straightening of channels of streams. (3) The creating of new and enlarged channels of streams, whe…

Sec. 7. As used in this chapter, "fund" refers to the flood control improvement fund established under section 16 of this chapter. As added by P.L.61-2018, SEC.1.

Sec. 8. As used in this chapter, "special flood hazard property" means property that on January 1, 2018, is situated in a special flood hazard area as designated by the Federal Emergency Management Agency in which the mandatory purchase of flood insurance may apply. As added by P…

Sec. 9. (a) A unit's board of public works may propose to establish a flood control improvement district under this chapter. (b) A board of public works that proposes to establish a flood control improvement district shall do the following: (1) Establish the boundaries for the di…