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 § 20-26-7-36

Title 20EDUCATION

Art. 26SCHOOL CORPORATIONS: GENERAL

Ch. 7Property and Eminent Domain

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Bluebook

Ind. Code § 20-26-7-36 (2026).

Text

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.]

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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.]