Indiana Statutes
§ 36-6-10-4 — Memorandum of understanding; transfers from fund
Indiana·Title 36 LOCAL GOVERNMENT·Art. 6 GOVERNMENT OF TOWNSHIPS·Ch. 10 Township Roads and Infrastructure Fund
A township must enter into a written memorandum of understanding with a city, town, or county, as applicable, for, subject to section 5 of this chapter, the transfer of funds from a fund established under section 2 of this chapter to the city, town, or county for the purpose of bidding out projects that are:
(1)for the improvement of roads and infrastructure within the
township's boundaries; and
(2)approved by the township.
Funds used for a project under this section must be used solely for
projects for roads and infrastructure that are within the township's
boundaries.
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Legislative History
As added by P.L.173-2025, SEC.39.
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Repealed