Indiana Statutes
§ 36-7-21-3 — Establishment of special improvement district; prerequisite findings
Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 21 Special Improvement Districts for Redevelopment of
(a)A redevelopment commission may by
resolution request the legislative body of the unit to establish a special
improvement district for the purposes set forth in IC 36-7-15.1 with
respect to counties having a consolidated city and in IC 36-7-14 with
respect to all other eligible units.
(b)A special improvement district shall be established according to
the procedures set forth for the establishment of allocation areas under
IC 36-7-15.1 or IC 36-7-14, as applicable.
(c)In establishing the special improvement district, the legislative
body must find that the projects to be undertaken in the district:
(1)constitute local public improvements;
(2)provide special benefits to property owners in the district; and
(3)will be of public utility and benefit.
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Legislative History
As added by P.L.380-1987(ss), SEC.20.
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Repealed