§ 12-29-1-4 — County bonds; issuance for constructing, equipping, or improving center buildings; payment of proportionate cost of project

Indiana § 12-29-1-4

• Jurisdiction: Indiana
• Art. 29: FINANCING LOCAL PROGRAMS
• Ch. 1: Community Centers; General Provisions

Text

(a) Bonds of a county may be issued for the
construction and equipment or the improvement of a building to house
a community intellectual disability and other developmental disabilities
center.
(b) If services are provided to at least two (2) counties:
(1) bonds of the counties involved may be issued to pay the
proportionate cost of the project in the proportion determined and
agreed upon by the fiscal bodies of the counties involved; or
(2) bonds of one (1) county may be issued and the remaining
counties may annually appropriate to the county issuing the bonds
amounts to be applied to the payment of the bonds and interest on
the bonds in the proportion agreed upon by the county fiscal
bodies of the counties involved.
[Pre-1992 Revision Citation: 16-16-1-5 part.]

Legislative History

As added by P.L.2-1992, SEC.23. Amended by P.L.78-2004, SEC.13; P.L.117-2015, SEC.28.