Indiana Code 36-7.6-2-4. Joining an existing development authority
(1) is not a member of a development authority; and
Terms Used In Indiana Code 36-7.6-2-4
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
(A) is a member of a development authority; or
(B) contains a member of a development authority;
may join that development authority under this article.
(b) A qualified city or a third class city that:
(1) is not a member of a development authority; and
(2) is located in a county that:
(A) is adjacent to a county that is a member of a development authority; or
(B) is adjacent to a county containing a member of a development authority;
may join that development authority under this article.
(c) A town that:
(1) is not a member of a development authority; and
(2) is located in a county that:
(A) is a member of a development authority;
(B) is adjacent to a county that is a member of a development authority; or
(C) is adjacent to a county containing a member of a development authority;
may join that development authority under this article.
(d) A county or qualified city described in subsection (a), (b), or (c) may join a development authority under this article only if:
(1) the fiscal body of the county, qualified city, third class city, or town adopts an ordinance authorizing the county, qualified city, third class city, or town to become a member of the development authority; and
(2) the development board of the development authority adopts a resolution authorizing the county, qualified city, third class city, or town to become a member of the development authority.
(e) A county, qualified city, third class city, or town becomes a member of a development authority upon passage of a resolution under subsection (d)(2) authorizing the county, qualified city, third class city, or town to become a member of the development authority.
(f) Notwithstanding subsection (e), if a county joins a development authority under this section, each qualified city and third class city in the county also becomes a member of the development authority, without further action by the qualified city, third class city, or the development authority.
(g) A development authority shall notify the Indiana economic development corporation promptly in writing when a new member joins the development authority.
As added by P.L.232-2007, SEC.7. Amended by P.L.3-2008, SEC.265; P.L.178-2015, SEC.11.