Indiana Code 36-10-3-42. Hearing; appropriation of proceeds; sale
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Sec. 42. (a) The board shall hold a hearing as required by section 25 of this chapter. The board shall appropriate the proceeds of the bonds as required by law for special taxing district bonds.
(c) The bonds may be sold at a public sale in accordance with IC 5-1-11 or may be sold at a negotiated sale.
(b) IC 6-1.1-20-1, IC 6-1.1-20-2, and IC 6-1.1-20-5 apply to the issuance of the bonds.
Terms Used In Indiana Code 36-10-3-42
- Board: refers to a park and recreation board. See Indiana Code 36-10-3-2
- District: means the area within the jurisdiction of a department. See Indiana Code 36-10-3-2
As added by P.L.74-1986, SEC.9. Amended by P.L.25-1995, SEC.92; P.L.125-2018, SEC.9.