Indiana § 20-26-7-36 School building construction or alteration; feasibility study

Indiana Statutes

§ 20-26-7-36 — School building construction or alteration; feasibility study

Indiana·Title 20 EDUCATION·Art. 26 SCHOOL CORPORATIONS: GENERAL·Ch. 7 Property and Eminent Domain

Before the governing body exercises power granted by any law to spend more than one million dollars ($1,000,000) to build, repair, or alter school buildings that would be financed by:

(1)entering into a lease agreement under IC 20-47-2-11 through IC 20-47-2-14 or IC 20-47-3-9 through IC 20-47-3-12;

(2)issuing bonds under IC 20-48-1; or

(3)any other available method; the governing body may order the preparation and pay the costs of a feasibility study. [Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-52-1.]

Free access — add to your briefcase to read the full text and ask questions with AI

Before the governing body exercises power
granted by any law to spend more than one million dollars ($1,000,000)
to build, repair, or alter school buildings that would be financed by:
(1) entering into a lease agreement under IC 20-47-2-11 through
IC 20-47-2-14 or IC 20-47-3-9 through IC 20-47-3-12;
(2) issuing bonds under IC 20-48-1; or
(3) any other available method;
the governing body may order the preparation and pay the costs of a
feasibility study.
[Pre-2005 Elementary and Secondary Education
Recodification Citation: 20-5-52-1.]

Indiana § 20-26-7-36 (School building construction or alteration; feasibility study) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.