§ 16-23-1-39 — Emergency hospital construction, improvement, and repair; bonds

(a) This section applies to the county fiscal
body of a county in which a city hospital is located and maintained.
(b) The county fiscal body may issue and sell bonds and appropriate
money, if the fiscal body finds the following:
(1) An emergency exists.
(2) To meet the medical needs of the county residents living
inside and outside the corporate limits of the city it is necessary
to aid in the following:
(A) The construction, improvement, repair, or remodeling of
hospital buildings and grounds.
(B) The construction of an extension or addition to the hospital.
(C) The acquisition of real property for the hospital.
(3) An appropriation of county funds, borrowing of money, and
issuance and sale of bonds by the county are in the best interests
of all the citizens of the county.
(c) The county fiscal body may issue and sell bonds and appropriate
the proceeds to meet the emergency:
(1) without regard to whether the city in which the hospital is
located has issued and sold bonds for these purposes or
contemplates the issuance and sale of bonds;
(2) as other county bonds are issued and sold under statute; and
(3) subject to approval of the department of local government
finance.
(d) The principal derived from the sale of the bonds, upon due
appropriation by the county according to statute, shall be paid to the
clerk-treasurer of the city to assist in paying the cost of the
improvement, repair, remodeling, or construction project of the hospital
or for the acquisition of real property, without reappropriation by the
fiscal body of the city.
[Pre-1993 Recodification Citations: 16-12.2-5-29;
16-12.2-5-31.]

Legislative History

As added by P.L.2-1993, SEC.6. Amended by P.L.90-2002, SEC.399.