Indiana Code 36-9-3-17. Acquisition and construction of transportation facilities
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Sec. 17. At the request of the public transportation system serving the territory of the authority, the authority may:
(2) acquire transportation facilities from any transportation agency, including:
(1) construct or acquire any public transportation facility for use by the authority or any transportation agency; and
Terms Used In Indiana Code 36-9-3-17
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(A) reserve funds;
(B) employees’ pension or retirement funds;
(C) special funds;
(D) franchises;
(E) licenses;
(F) patents;
(G) permits; and
(H) papers and records of the agency.
In making acquisitions from a transportation agency, the authority may assume the obligations of the agency regarding its property or public transportation operations.
[Pre-Local Government Recodification Citation: 19-5-2.5-14.]
As added by Acts 1981, P.L.309, SEC.76.