Indiana Code 8-22-3.7-14. Leases; authority approval of plans and specifications of project
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Terms Used In Indiana Code 8-22-3.7-14
- airport project: has the meaning set forth in Indiana Code 8-22-3.7-1
- development authority: refers to an airport development authority created by this chapter. See Indiana Code 8-22-3.7-3
- 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
Sec. 14. If the lease provides for an airport project or improvements to an airport project to be constructed by the development authority, the plans and specifications shall be submitted to and approved by the authority.
As added by P.L.108-1993, SEC.11.