Indiana Statutes

§ 36-10-8-9 — Deposit of net income from operation of capital improvements

Indiana·Title 36 LOCAL GOVERNMENT·Art. 10 RECREATION, CULTURE, AND COMMUNITY·Ch. 8 Capital Improvement Boards in Certain Counties
The net income received by the board from the operation of capital improvements under this chapter shall be deposited semiannually on June 1 and December 1 in the capital improvement fund provided in section 12 of this chapter. However, if there are bonds outstanding, the net income from the convention center shall be deposited in the capital improvement bond fund provided in section 13 of this chapter. As added by Acts 1982, P.L.218, SEC.3.

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