§ 36-7-22-11 — Ordinance; economic improvement board

Indiana § 36-7-22-11

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 7: PLANNING AND DEVELOPMENT
• Ch. 22: Economic Improvement Districts

Text

An ordinance adopted under section 7 of this
chapter must establish an economic improvement board to be
appointed by the legislative body. The board must have at least three
(3) members, and a majority of the board members must own real
property within the district. However, if there is only one (1) property
owner within a district formed before March 1, 2010, the legislative
body shall appoint one (1) member to the economic improvement board
who owns real property within the district and not more than two (2)
other members who are not required to own real property within the
district. After, February 28, 2010, a district formed under this chapter
must have at least one (1) parcel of real property that is not owned by
an owner of other parcels of real property in the district.

Legislative History

As added by P.L.195-1988, SEC.1. Amended by P.L.113-2010, SEC.136.