Terms Used In Indiana Code > Title 5 > Article 8 > Chapter 3 - Disqualification by Violation of Federal Law

• blighted: means real property, including a building or structure on the real property, that is no longer in acceptable or beneficial condition to its community and has lost its value as a social good or economic commodity or its functional status as a livable space. See Indiana Code 36-7.5-6-1
• Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
• fund: refers to the blighted property demolition fund established by section 4 of this chapter. See Indiana Code 36-7.5-6-2
• Property: includes personal and real property. See Indiana Code 1-1-4-5
• qualified property: means commercial or residential real property, including a structure or building located on the real property, that:

  Indiana Code 36-7.5-6-3

• United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
• Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5