The board may, acting under the title "capital
improvement board of managers of __________ County", do the
following:
(1)Acquire by grant, purchase, gift, devise, lease, condemnation,
or otherwise, and hold, use, sell, lease, or dispose of, real and
personal property and all property rights and interests necessary
or convenient for the exercise of its powers under this chapter.
(2)Construct, reconstruct, repair, remodel, enlarge, extend, or add
to any capital improvement built or acquired by the board under
this chapter.
(3)Control and operate a capital improvement, including letting
concessions and leasing all or part of the capital improvement.
(4)Fix charges and establish rules governing the use of a capital
improvement.
(5)Accept gifts or contributions from individuals, corporatio
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The board may, acting under the title "capital
improvement board of managers of __________ County", do the
following:
(1) Acquire by grant, purchase, gift, devise, lease, condemnation,
or otherwise, and hold, use, sell, lease, or dispose of, real and
personal property and all property rights and interests necessary
or convenient for the exercise of its powers under this chapter.
(2) Construct, reconstruct, repair, remodel, enlarge, extend, or add
to any capital improvement built or acquired by the board under
this chapter.
(3) Control and operate a capital improvement, including letting
concessions and leasing all or part of the capital improvement.
(4) Fix charges and establish rules governing the use of a capital
improvement.
(5) Accept gifts or contributions from individuals, corporations,
limited liability companies, partnerships, associations, trusts, or
political subdivisions, foundations, and funds, loans, or advances
on the terms that the board considers necessary or desirable from
the United States, the state, and any political subdivision or
department of either, including entering into and carrying out
contracts and agreements in connection with this subdivision.
(6) Exercise within and in the name of the county the power of
eminent domain under general statutes governing the exercise of
the power for a public purpose.
(7) Receive and collect money due for the use or leasing of a
capital improvement and from concessions and other contracts,
and expend the money for proper purposes.
(8) Receive excise taxes, income taxes, and ad valorem property
taxes and expend the money for operating expenses, payments of
principal or interest of bonds or notes issued under this chapter,
and for all or part of the cost of a capital improvement.
(9) Retain the services of architects, engineers, accountants,
attorneys, and consultants and hire employees upon terms and
conditions established by the board, so long as any employees or
members of the board authorized to receive, collect, and expend
money are covered by a fidelity bond, the amount of which shall
be fixed by the board. Funds may not be disbursed by an
employee or member of the board without prior specific approval
by the board.
(10) Provide coverage for its employees under IC 22-3 and IC 22-4.
(11) Purchase public liability and other insurance considered
desirable.
(12) Subject to section 6.5 of this chapter, 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 the enforcement of them.
(13) Sue and be sued in the name and style of "capital
improvement board of managers of ___________ County"
(including the name of the county), service of process being had
by leaving a copy at the board's office.
(14) Prepare and publish descriptive material and literature
relating to the facilities and advantages of a capital improvement
and do all other acts that the board considers necessary to
promote and publicize the capital improvement, including the
convention and visitor industry, and serve the commercial,
industrial, and cultural interests of Indiana and its citizens. The
board may assist, cooperate, and fund governmental, public, and
private agencies and groups for these purposes.
(15) Enter into leases of capital improvements and sell or lease
property under IC 5-1-17 or IC 36-10-9.1.
As added by Acts 1982, P.L.77, SEC.28. Amended by
P.L.82-1985, SEC.10; P.L.8-1993, SEC.520; P.L.255-1997(ss),
SEC.21; P.L.214-2005, SEC.75; P.L.109-2019, SEC.18.