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:

(1) acquiring, constructing, equipping, owning, and financing projects and facilities to or for the benefit of eligible political subdivisions under this article; and

(2) funding and developing:

(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 other capital infrastructure project that enhances the region with the goal of attracting people or business;

that are of regional importance.

As added by P.L.83-2020, SEC.2.