Indiana Code 36-9-6.1-12. Proceeds of sale of bonds; deposit in fund; payments
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Sec. 12. Proceeds from the sale of bonds under section 11 of this chapter shall be deposited in the thoroughfare fund and used by the unit to pay for:
(2) benefits assessed against the unit at large; and
(1) property acquired by the unit;
Terms Used In Indiana Code 36-9-6.1-12
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(3) damages increased by a court on appeal;
under this chapter.
As added by P.L.220-1986, SEC.30.