Indiana § 36-7-15.3-8 Additional powers

Indiana Statutes

§ 36-7-15.3-8 — Additional powers

Indiana § 36-7-15.3-8

Title 36LOCAL GOVERNMENT

Art. 7PLANNING AND DEVELOPMENT

Ch. 15.3Redevelopment Authority in Marion County

This text of Indiana § 36-7-15.3-8 (Additional powers) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 36-7-15.3-8 (2026).

Text

(a)In addition to its powers under IC 36-10-9.1-11, the authority may also:

(1)finance, improve, construct, reconstruct, renovate, purchase, lease, acquire, and equip local public improvements;

(2)lease those local public improvements to the commission;

(3)sue, be sued, plead, and be impleaded, but all actions against the authority must be brought in the circuit or superior court of the county in which the authority is located;

(4)condemn, appropriate, lease, rent, purchase, and hold any real or personal property needed or considered useful in connection with local public improvements;

(5)acquire real or personal property by gift, devise, or bequest and hold, use, or dispose of that property for the purposes authorized by this chapter;

(6)enter upon any lots or lands for the purpose

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(a) In addition to its powers under IC 36-10-9.1-11, the authority may also:
(1) finance, improve, construct, reconstruct, renovate, purchase,
lease, acquire, and equip local public improvements;
(2) lease those local public improvements to the commission;
(3) sue, be sued, plead, and be impleaded, but all actions against
the authority must be brought in the circuit or superior court of
the county in which the authority is located;
(4) condemn, appropriate, lease, rent, purchase, and hold any real
or personal property needed or considered useful in connection
with local public improvements;
(5) acquire real or personal property by gift, devise, or bequest
and hold, use, or dispose of that property for the purposes
authorized by this chapter;
(6) enter upon any lots or lands for the purpose of surveying or
examining them to determine the location of a local public
improvement;
(7) design, order, contract for, and contract, reconstruct, and
renovate any local public improvements or improvements thereto;
(8) employ managers, superintendents, architects, engineers,
attorneys, auditors, clerks, construction managers, and other
employees necessary for construction of local public
improvements or improvements to them;
(9) make and enter into all contracts and agreements necessary or
incidental to the performance of its duties and the execution of its
powers under this chapter; and
(10) take any other action necessary to implement its purposes as
set forth in section 7 of this chapter.
(b) Whenever the board determines that the purposes for which the
authority was formed have been substantially fulfilled and that all
bonds issued and all other obligations incurred by the authority have
been fully paid or satisfied or provision for the payment of the bonds
and obligations has been made in accordance with the terms of the
resolution or trust indenture securing them, the board may declare the
authority dissolved. On the effective date of the resolution of
dissolution, the title to all funds and other property owned by the
authority at the time of the dissolution vests in the commission on
behalf of the unit creating the commission. However, if the commission
is not in existence, the title vests in the unit.