Indiana Code 16-22-7-23. Notice of execution of lease; petition of objectors; presentment to department of local government finance
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Sec. 23. (a) If execution of the original or modified lease is authorized under section 38 of this chapter, notice of the signing shall be published.
(c) On the filing of the petition, the county auditor shall immediately certify a copy, together with other data necessary to present the questions involved, to the department of local government finance.
(b) Ten (10) taxpayers in the county whose tax rate will be affected by the proposed lease and who believe the lease is unnecessary or the lease rental is not fair and reasonable may file a petition in the office of the county auditor not more than thirty (30) days after publication of notice of the execution of the lease, setting forth the objections and stating facts showing that the lease is unnecessary or unwise or that the lease rental is not fair and reasonable.
Terms Used In Indiana Code 16-22-7-23
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
[Pre-1993 Recodification Citation: 16-12-20.5-14(b) part.]
As added by P.L.2-1993, SEC.5. Amended by P.L.90-2002, SEC.392.