360 chapters · 5,892 sections in this title.
Ind. Code § 36-10-3-25 Bonds; notice; hearing; ordinance approving issue
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Sec. 25. (a) Before bonds may be issued under section 23 of this chapter, the board shall give notice of a public hearing to disclose the purposes for which the bond issue is proposed, the amount of the proposed issue, and all other pertinent data. (b) The board shall have publis…
Ind. Code § 36-10-3-26 Bonds; disposition of proceeds
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Sec. 26. All proceeds from the sale of bonds issued under section 24 of this chapter shall be kept in a separate fund. The fund shall be used to pay for land and other property acquired and for the construction of a work under the resolution, including all costs and expenses incu…
Ind. Code § 36-10-3-27 Levy of special tax on real and personal property; park district bond fund
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Sec. 27. (a) In order to raise money to pay all bonds issued under section 24 of this chapter, the board shall levy annually a special tax upon all of the real and personal property located in the district sufficient to pay the principal of the bonds as they mature, including acc…
Ind. Code § 36-10-3-28 Primary obligation on bond; transfer of powers, duties, liabilities, and other obligations on discontinuation or establishment of new board
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Sec. 28. (a) If a board or district is discontinued under section 3 or 3.1 of this chapter, and a new board or district is not established, the primary obligation on its bonds is not affected, and the unit assumes liability for the payment of the bonds according to their terms. (…