Sec. 42. (a) The governing board of the hospital may remodel or construct an addition to a hospital building leased by the hospital under this chapter.

     (b) To provide funds for that purpose, the county may issue general obligation aid bonds or the city hospital or city may appropriate money from the city hospital’s or city’s general fund or other funds available for that purpose if the hospital building is owned by the city hospital or city. The governing board of the hospital may use any funds available to the board if the hospital building is owned by the city.

[Pre-1993 Recodification Citation: 16-12-20.5-27.]

As added by P.L.2-1993, SEC.5. Amended by P.L.252-2015, SEC.25.

Terms Used In Indiana Code 16-22-7-42

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.