Indiana § 36-7-13-22 Terms of written agreement for joint economic development project

Indiana Statutes

§ 36-7-13-22 — Terms of written agreement for joint economic development project

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 13 Industrial Development

An agreement described in section 21 of this chapter must provide for the following:

(1)The duration of the agreement.

(2)The purpose of the agreement.

(3)The manner of financing, staffing, and supplying the joint undertaking and of establishing and maintaining a budget for the joint undertaking.

(4)The methods that may be employed in accomplishing the partial or complete termination of the agreement and for disposing of property upon partial or complete termination of the agreement.

(5)The manner of acquiring, holding, and disposing of real and personal property used in the joint undertaking.

(6)Any other appropriate matters.

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An agreement described in section 21 of this
chapter must provide for the following:
(1) The duration of the agreement.
(2) The purpose of the agreement.
(3) The manner of financing, staffing, and supplying the joint
undertaking and of establishing and maintaining a budget for the
joint undertaking.
(4) The methods that may be employed in accomplishing the
partial or complete termination of the agreement and for disposing
of property upon partial or complete termination of the agreement.
(5) The manner of acquiring, holding, and disposing of real and
personal property used in the joint undertaking.
(6) Any other appropriate matters.

Indiana § 36-7-13-22 (Terms of written agreement for joint economic development project) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.