Indiana § 36-10-11-13 Lease to governmental entity of property controlled by authority;
sublease; term; renewal

Indiana Statutes

§ 36-10-11-13 — Lease to governmental entity of property controlled by authority; sublease; term; renewal

Indiana § 36-10-11-13

Title 36LOCAL GOVERNMENT

Art. 10RECREATION, CULTURE, AND COMMUNITY

Ch. 11Gary Building Authority

This text of Indiana § 36-10-11-13 (Lease to governmental entity of property controlled by authority; sublease; term; renewal) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 36-10-11-13 (2026).

Text

(a)A governmental entity within the county and the authority may enter into a lease for all or part of a building under the control of the authority. A governmental entity may also sublease the leased premises to other governmental entities within the county.

(b)A lease may be entered into before the actual acquisition of a site and the construction of the building. A lease may not provide for the payment of any lease rental by the lessee until the building is ready for occupancy.

(c)A lease or sublease may not be for a period longer than forty (40) years, but may be renewed for a maximum of forty (40) years. An option to renew may be included in the original lease. As added by Acts 1982, P.L.218, SEC.5.

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(a) A governmental entity within the county
and the authority may enter into a lease for all or part of a building
under the control of the authority. A governmental entity may also
sublease the leased premises to other governmental entities within the
county.
(b) A lease may be entered into before the actual acquisition of a
site and the construction of the building. A lease may not provide for
the payment of any lease rental by the lessee until the building is ready
for occupancy.
(c) A lease or sublease may not be for a period longer than forty (40)
years, but may be renewed for a maximum of forty (40) years. An
option to renew may be included in the original lease.
As added by Acts 1982, P.L.218, SEC.5.