Indiana § 36-10-3-40 Issuance of bonds payable from county innkeeper's tax

Indiana Statutes

§ 36-10-3-40 — Issuance of bonds payable from county innkeeper's tax

Indiana·Title 36 LOCAL GOVERNMENT·Art. 10 RECREATION, CULTURE, AND COMMUNITY·Ch. 3 General Park and Recreation Law

As an alternative to issuing bonds under
section 24 of this chapter, the board may issue bonds payable from the
county innkeeper's tax. The issuance of the bonds must be initiated by
a resolution of the commission established by IC 6-9-7-2,
recommending the issuance of the bonds and their purpose. Bonds that
are payable from the innkeeper's tax imposed under IC 6-9-7 must be
retired before August 1, 1999.

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As an alternative to issuing bonds under
section 24 of this chapter, the board may issue bonds payable from the
county innkeeper's tax. The issuance of the bonds must be initiated by
a resolution of the commission established by IC 6-9-7-2,
recommending the issuance of the bonds and their purpose. Bonds that
are payable from the innkeeper's tax imposed under IC 6-9-7 must be
retired before August 1, 1999.

Indiana § 36-10-3-40 (Issuance of bonds payable from county innkeeper's tax) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.