Indiana Statutes
§ 36-7-22-16 — Economic improvement fund
Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 22 Economic Improvement Districts
(a)The board shall establish an economic
improvement fund and shall deposit in this fund all assessments
received under this chapter and any other amounts received by the
board.
(b)Money in the economic improvement fund may be used only for
the purposes specified in the ordinance establishing the economic
improvement district. Any money earned from investment of money in
the fund becomes a part of the fund.
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Legislative History
As added by P.L.195-1988, SEC.1.
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Repealed