Indiana Code 36-10-4-27. Properties subject to special tax; lands subject to special assessment for benefits; determination of benefits to all property in city
(b) If the board determines that any lots or parcels of land, exclusive of improvements, lying within two thousand (2,000) feet of either side of property to be acquired for a work of construction will incur a particular benefit because of proximity to the property to be acquired or the work of construction, the lots and parcels of land are subject to a special assessment for benefits in addition to the benefits received by them in common with all other property located in the city. The special assessment shall be determined in accordance with this chapter, but the total amount of the additional benefits assessed may not exceed twenty-five percent (25%) of the total cost of acquiring land, of the improvement, or of both.
Terms Used In Indiana Code 36-10-4-27
- Board: refers to a board of park commissioners, or board of parks and recreation of a consolidated city. See Indiana Code 36-10-4-2
- Property: includes personal and real property. See Indiana Code 1-1-4-5
[Pre-Local Government Recodification Citations: 19-7-9-9 part; 19-7-30-21.]
As added by Acts 1981, P.L.309, SEC.111.