Indiana § 36-10-10-13 Lease; notice and hearing; authorization; execution

Indiana Statutes

§ 36-10-10-13 — Lease; notice and hearing; authorization; execution

Indiana·Title 36 LOCAL GOVERNMENT·Art. 10 RECREATION, CULTURE, AND COMMUNITY·Ch. 10 Civic Center Building Authority in South Bend or

(a)When the authority, the city executive, and a majority of the city legislative body have agreed upon the terms and conditions of a lease, and before the final execution of the lease, a notice shall be given by the city clerk by publication of a public hearing to be held by the city legislative body in the city. The hearing shall be held on a day at least ten (10) days after the publication of notice. The notice of the hearing shall be published one (1) time in a newspaper of general circulation printed in the English language and published in the city.

(b)The notice must name the date, place, and time of the hearing and must set forth a brief summary of the principal terms of the lease, including the character and location of the property to be leased, the lease rental to be paid, the

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(a) When the authority, the city executive,
and a majority of the city legislative body have agreed upon the terms
and conditions of a lease, and before the final execution of the lease, a
notice shall be given by the city clerk by publication of a public hearing
to be held by the city legislative body in the city. The hearing shall be
held on a day at least ten (10) days after the publication of notice. The
notice of the hearing shall be published one (1) time in a newspaper of
general circulation printed in the English language and published in the
city.
(b) The notice must name the date, place, and time of the hearing
and must set forth a brief summary of the principal terms of the lease,
including the character and location of the property to be leased, the
lease rental to be paid, the number of years the contract is to be in
effect, and where the proposed lease, drawings, plans, specifications,
and estimates may be examined. The proposed lease and the drawings,
plans, specifications, and estimates of construction cost must be open
to inspection by the public during the ten (10) day period and at the
meeting.
(c) All interested persons are entitled to be heard at the hearing
concerning the necessity for the execution of the lease and whether the
lease rental is fair and reasonable. The hearing may be adjourned to a
later date with the place to be set before adjournment. Following the
hearing the city legislative body and city executive may either
authorize the execution of the lease as originally agreed upon or may
make modifications that are agreed upon with the authority, the
legislative body, and city executive. The authorization must be done by
ordinance, which shall be entered in the official records of the
legislative body. The lease contract shall be executed on behalf of the
city by the executive and attested by the city clerk. It shall be executed
on behalf of the authority by the president or vice president and
secretary of the board.
As added by Acts 1982, P.L.218, SEC.4.

Indiana § 36-10-10-13 (Lease; notice and hearing; authorization; execution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.