Indiana Statutes
§ 36-7-12-3 — Declaration of public purpose
Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 12 Economic Development and Pollution Control
The financing of single, identified economic development or pollution control facilities and the provision of a program to finance multiple, unidentified economic development or pollution control facilities that promote a substantial likelihood of:
(1)creating or retaining opportunities for gainful employment;
(2)creating business opportunities;
(3)providing reliable water services;
(4)the abatement, reduction, or prevention of pollution; or
(5)the removal or treatment of substances in materials being
processed that otherwise would cause pollution when used;
serve a public purpose and will be of benefit to the health or general
welfare of the unit proposing to issue bonds for the financing or
program or of the unit where the facilities that are to be financed are
located.
[Pre-Local G
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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Repealed