§ 16-23-3-2 — Construction and equipment of facilities; payment of obligations; contracts

The city fiscal body may do the following:
(1) Appropriate money to aid in the construction and equipment
of hospital buildings and purchase of suitable grounds, in an
amount not more than the amount provided for the purchase and
construction by the nonprofit hospital corporation under section
1 of this chapter.
(2) Appropriate money to pay the obligations of the nonprofit
hospital corporation under section 1 of this chapter for the
purchase of grounds and equipment for and the construction of
the hospital.
(3) Enter into a contract, upon terms the city fiscal body considers
advantageous to the citizens of the city, with the nonprofit
hospital corporation under section 1 of this chapter and donors of
a fund for the following purposes:
(A) To purchase grounds and construct and equip the hospital
building.
(B) To name the hospital.
(C) To hold title to the hospital building and grounds.
(D) To receive donations and determine the terms upon which
donations may be accepted.
[Pre-1993 Recodification Citation: 16-12.2-4-1(b).]

Legislative History

As added by P.L.2-1993, SEC.6.