Sec. 16. Assessments imposed on the owners of property in a subdivision under section 11(2) of this chapter:

(1) shall be set by the executive or the executive’s designee at an amount not greater than is necessary to meet the cost of repairs needed at the time the contract is entered into with respect to subdivision drains located on property in the subdivision; and

Terms Used In Indiana Code 36-9-27.8-16

  • Contract: A legal written agreement that becomes binding when signed.
  • executive: means :

    Indiana Code 36-9-27.8-1

  • fiscal officer: means :

    Indiana Code 36-9-27.8-2

  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • subdivision: has the meaning set forth in Indiana Code 36-9-27.8-5
(2) may be collected by the fiscal officer through a charge appearing on the semiannual property tax statement of the affected property owner.

As added by P.L.139-2018, SEC.2.