Indiana Statutes
§ 36-12-12-2 — Capital projects fund
(a)A library district may establish a capital
projects fund.
(b)With respect to a facility used or to be used by the library
district, the fund may be used to pay for the following:
(1)Planned construction, repair, replacement, or remodeling.
(2)Site acquisition.
(3)Site development.
(4)Repair, replacement, or site acquisition that is necessitated by
an emergency.
(c)Money in the fund may be used to pay for the purchase, lease, or
repair of equipment to be used by the library district.
(d)The fund may be used to pay for the purchase, lease, upgrading,
maintenance, or repair of computer hardware or software.
[Pre-2005 Elementary and Secondary Education
Recodification Citation: 20-14-13-4.]
Free access — add to your briefcase to read the full text and ask questions with AI
Indiana § 36-12-12-2 (Capital projects fund) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
As added by P.L.1-2005, SEC.49.
Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
Repealed