Terms Used In Indiana Code 4-12-14-4
- Columbus Learning Center: refers to a multipurpose educational facility to be located in Columbus, Indiana, and leased by the board of aviation commissioners of the city of Columbus, Indiana, to Columbus Learning Center Management Corporation. See Indiana Code 4-12-14-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- 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
- participating entities: means the following:
Indiana Code 4-12-14-3
Sec. 4. As used in this chapter, “sublease” refers to an agreement between the budget agency and Columbus Learning Center Management Corporation to lease space in the Columbus Learning Center for use by the participating entities.
As added by P.L.220-2011, SEC.27.