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Indiana Code 36-7.7-5-3. Agreement with another development authority or entity

Sec. 3. A development authority may enter into an agreement with another development authority or any other entity to:

(1) jointly equip, own, lease, and finance projects and facilities; or

Terms Used In Indiana Code 36-7.7-5-3

  • 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
(2) otherwise carry out the purposes of the development authority;

in any location.

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

Indiana Code 36-7-7.5-3. Jurisdiction; geographic area

Terms Used In Indiana Code 36-7-7.5-3

  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
Sec. 3. The geographic area over which a commission has jurisdiction may only consist of unincorporated territory that is in the watershed of a large scale water reservoir project.

As added by P.L.168-1990, SEC.1.