(a)The commission shall do the following:
(1)Assist in the coordination of efforts concerning projects that
are located in or otherwise affect the district.
(2)Assist an eligible county, an eligible unit, a tribal government
of a reservation site, and a development authority in coordinating
tourism and economic development efforts related to or that
otherwise leverage economic improvement projects in or serving
the district.
(3)Provide for the design, development, construction, operation,
and maintenance of the trail project.
(b)The commission may do any of the following:
(1)Improve, construct, reconstruct, renovate, purchase, acquire,
and equip land and economic improvement projects.
(2)Lease land or an economic improvement project.
(3)Acquire and construct additional improvements
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(a) The commission shall do the following:
(1) Assist in the coordination of efforts concerning projects that
are located in or otherwise affect the district.
(2) Assist an eligible county, an eligible unit, a tribal government
of a reservation site, and a development authority in coordinating
tourism and economic development efforts related to or that
otherwise leverage economic improvement projects in or serving
the district.
(3) Provide for the design, development, construction, operation,
and maintenance of the trail project.
(b) The commission may do any of the following:
(1) Improve, construct, reconstruct, renovate, purchase, acquire,
and equip land and economic improvement projects.
(2) Lease land or an economic improvement project.
(3) Acquire and construct additional improvements to economic
improvement projects or other capital improvements owned by
the commission and lease them to or for the benefit of an eligible
participant.
(4) Acquire land or all or a part of one (1) or more economic
improvement projects from an eligible participant or an Indiana
nonprofit corporation by purchase and lease the land or economic
improvement projects back to the eligible participant or Indiana
nonprofit, with any additional improvements that may be made to
the land or economic improvement projects.
(5) Acquire all or a part of one (1) or more economic
improvement projects from an eligible participant by purchase to
fund or refund indebtedness incurred on account of the economic
improvement projects to enable the eligible participant to make
a savings in debt service obligations or lease rental obligations or
to get relief from covenants that the eligible participant considers
to be unduly burdensome.
(6) Make loans, loan guarantees, and grants or provide other
financial assistance to or on behalf of the following for economic
improvement projects:
(A) A commuter transportation district.
(B) An airport authority.
(C) A regional transportation authority.
(D) An eligible county.
(E) An eligible unit.
(7) Provide funding for economic improvement projects.
(8) Hold, use, purchase, acquire, and dispose of by purchase,
exchange, gift, bequest, grant, condemnation (subject to
subsection (d)), lease, or sublease, on the terms and conditions
determined by the commission, any real or personal property.
(9) After giving notice, enter upon any lots or lands for the
purpose of surveying or examining the lots or lands to determine
the location of an economic improvement project.
(10) Make or enter into all contracts and agreements necessary or
incidental to the performance of the commission's duties and the
execution of the commission's powers under this chapter.
(11) Sue, be sued, plead, and be impleaded.
(12) Design, order, contract for, construct, reconstruct, and
renovate an economic improvement project.
(13) Appoint or contract for an executive director and employ
appraisers, real estate experts, engineers, architects, surveyors,
attorneys, accountants, auditors, clerks, construction managers,
and any consultants or employees that are necessary or desired by
the commission in exercising the commission's powers or carrying
out the commission's duties under this chapter.
(14) Accept grants, and other forms of financial assistance from
the federal government, the state government, an eligible
participant, or any other public or private source.
(15) Use the commission's funds to match federal grants or make
loans, loan guarantees, or grants to carry out the commission's
powers and duties under this chapter.
(16) Recommend any changes and approve any requested
variances to the land use and zoning plan for the district.
(17) Except as prohibited by law, take any action necessary to
carry out this chapter.
(c) If the commission is unable to agree with the owners, lessees, or
occupants of any real property in the district selected for the purposes
of this chapter, the commission may proceed under IC 32-24-1 to
procure the condemnation of the property, subject to the approvals set
forth in subsection (d). The commission may not institute a proceeding
until it has adopted a resolution that:
(1) describes the real property sought to be acquired and the
purpose for which the real property is to be used;
(2) declares that the public interest and necessity require the
acquisition by the commission of the property involved; and
(3) sets out any other facts that the commission considers
necessary or pertinent.
The resolution is conclusive evidence of the public necessity of the
proposed acquisition.
(d) The commission may exercise the power of eminent domain as
provided in section 22 of this chapter and subsection (c) concerning a
particular property only if the acquisition of the real property has been
approved by:
(1) the legislative body of the eligible city if the property is
located inside the eligible city; or
(2) the legislative body of the eligible county if the property is not
located inside the eligible city.