Indiana Code 5-1.2-6-8. Authority may acquire interests in land from department of natural resources; park project requirements
Current as of: 2023 | Check for updates
|
Other versions
Sec. 8. (a) The authority may acquire by:
(2) purchase; or
(1) department of natural resources transfer;
Terms Used In Indiana Code 5-1.2-6-8
- 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
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(3) lease;
for nominal or substantial consideration any interest in land, including existing facilities, adjuncts, and appurtenances, that the authority considers necessary or convenient for the acquisition, construction, improvement, or development of a park project.
(b) A park project undertaken by the authority must:
(1) comply with:
(A) the master plan for that property; or
(B) the Indiana outdoor recreation plan approved by the natural resources commission; or
(2) be specifically approved by the natural resources commission.
As added by P.L.189-2018, SEC.25.