The board of managers may do the
following:
(1)Receive and collect money due to or otherwise related to a
building; employ an executive manager, an associate manager,
and other agents and employees that are considered necessary for
the fulfillment of its duties, and fix the compensation of all
employees. However, a contract of employment or other
arrangement must be terminable at the will of the board of
managers, except that a contract may be entered into with an
executive manager for a period not exceeding four (4) years and
subject to extension or renewal for similar or shorter periods.
(2)Let concessions for the operation of restaurants, cafeterias,
public telephones, news and cigar stands, vending machines,
caterers, and all other services considered necessary or desirable
for the o
Free access — add to your briefcase to read the full text and ask questions with AI
The board of managers may do the
following:
(1) Receive and collect money due to or otherwise related to a
building; employ an executive manager, an associate manager,
and other agents and employees that are considered necessary for
the fulfillment of its duties, and fix the compensation of all
employees. However, a contract of employment or other
arrangement must be terminable at the will of the board of
managers, except that a contract may be entered into with an
executive manager for a period not exceeding four (4) years and
subject to extension or renewal for similar or shorter periods.
(2) Let concessions for the operation of restaurants, cafeterias,
public telephones, news and cigar stands, vending machines,
caterers, and all other services considered necessary or desirable
for the operation of the a building.
(3) Lease a part of a building from time to time to any association,
corporation, or individual, with or without the right to sublet.
(4) Fix charges and establish rules governing the use and
operation of a building.
(5) Accept gifts or contributions from individuals, corporations,
limited liability companies, partnerships, associations, trusts, or
foundations; accept funds, loans, or advances on the terms and
conditions that the board of managers considers necessary or
desirable from the federal government, the state, or any of their
agencies or political subdivisions.
(6) Receive and collect all money due to the use or leasing of a
building or any part of it and from concessions or other contracts
and expend that money for proper purposes.
(7) Provide coverage for its employees under IC 22-3 and IC 22-4.
(8) Purchase public liability and other insurance that it considers
necessary.
(9) Make and enter into all contracts and agreements necessary or
incidental to the performance of its duties and the execution of its
powers under this chapter, including enforcement of them.
(10) Maintain and repair a building and employ a building
superintendent and other employees that are necessary to properly
maintain a building.
(11) Prepare and publish descriptive materials and literature
relating to a building and specifying the advantages of a building;
do all other acts and things that the board of managers considers
necessary to promote and publicize a building and serve the
commercial, industrial, and cultural interests of Indiana and all its
citizens by the use of a building; and assist and cooperate with the
state and other public, governmental, and private agencies and
groups of citizens for those purposes.
(12) Supervise, manage, operate, and maintain any other public
facility owned or leased by the lessee governmental entity or by
an agency of it when so directed by a resolution adopted by the
fiscal body of the entity.
(13) Exercise other powers and perform other duties not in
conflict with this chapter that are specified by ordinance or
resolution of the fiscal body of the lessee governmental entity.
(14) Perform all other acts necessarily incidental to its duties and
the powers listed in this section.
As added by Acts 1982, P.L.218, SEC.5. Amended by
P.L.8-1993, SEC.522; P.L.178-2002, SEC.138.