§ 36-7-15.1-41 — Assistance from public entities with redevelopment or economic development projects; agreements

Indiana § 36-7-15.1-41

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 7: PLANNING AND DEVELOPMENT
• Ch. 15.1: Redevelopment of Areas in Marion County Needing

Text

(a) A political subdivision, another
governmental entity, a public instrumentality created by state law, or
a public body created by state law may, in the area in which it is
authorized to act, do all things necessary to aid and cooperate in the
planning and undertaking of a redevelopment or economic
development project, including furnishing the financial and other
assistance that it is authorized by this chapter to furnish for or in
connection with a redevelopment plan or redevelopment project.
(b) A unit, another governmental entity, a public instrumentality
created by state law, or a public body created by state law may enter
into agreements with the commission or any other entity respecting
action to be taken under this chapter, including the furnishing of funds
or other assistance in connection with a redevelopment or economic
development plan or project. These agreements may extend over any
period, notwithstanding any other law.

Legislative History

As added by P.L.102-1999, SEC.8. Amended by P.L.221-2007, SEC.47.