Indiana Code 36-7.6-2-2. Body corporate and politic; development authority activities
Current as of: 2023 | Check for updates
|
Other versions
Sec. 2. A development authority established under this chapter is a separate body corporate and politic that shall carry out the purposes of this article by:
(2) funding and developing:
(1) acquiring, constructing, equipping, owning, leasing, and financing projects and facilities for lease to or for the benefit of eligible political subdivisions under this article; and
Terms Used In Indiana Code 36-7.6-2-2
- 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
(A) airport authority projects;
(B) commuter transportation district and other rail projects and services;
(C) regional transportation authority projects and services;
(D) economic development projects;
(E) intermodal transportation projects;
(F) regional trail or greenway projects;
(G) regional transportation infrastructure projects under IC 36-9-43; and
(H) any project that enhances the region with the goal of attracting people or business;
that are of regional importance.
As added by P.L.232-2007, SEC.7. Amended by P.L.178-2015, SEC.9; P.L.229-2017, SEC.41.