Indiana Code 4-13-12.1-8. Lease with society; term; rental; services provided; vacating of building; state activities or functions
(b) Notwithstanding the term limitation for a lease under IC 4-13-1-4(10), the department may enter into a lease under subsection (a) for a term of not more than ninety-nine (99) years.
Terms Used In Indiana Code 4-13-12.1-8
- department: refers to the Indiana department of administration created by IC 4-13-1-2. See Indiana Code 4-13-12.1-2
- exterior improvements: includes access roads, landscaping, lighting, parking facilities, and walkways. See Indiana Code 4-13-12.1-3
- 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
- society: refers to the Indiana historical society established under IC 23-6-3. See Indiana Code 4-13-12.1-4
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
(d) A lease entered into under this section must require the department to provide, at no cost to the society, the following services in relation to the building, the exterior improvements, and the surrounding site:
(1) Management.
(2) Maintenance.
(3) Operation.
(4) Utilities (other than telephone services).
(5) Other services reasonably necessary to maintain the building, exterior improvements, and the surrounding site.
(e) A lease entered into under this section must provide that the lease terminates if the society or its successor vacates the building.
(f) A lease entered into under this section may permit the building to house state activities or functions.
As added by P.L.22-1992, SEC.1. Amended by P.L.49-1997, SEC.16.