Indiana § 36-7-27-14 Bonds; issuance; purposes

Indiana Statutes

§ 36-7-27-14 — Bonds; issuance; purposes

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 27 Economic Development Tax Area

The commission may issue bonds payable
in whole or in part from money distributed from the fund to the
commission to finance local public improvements under IC 36-7-15.1-17 or make lease rental payments in whole or in part from
money distributed from the fund to the commission for a local public
improvement under IC 36-7-15.1-17.1 and IC 36-7-15.1-17.2,
including debt service payments on or lease rental payments for local
public improvements under bonds issued or a lease entered into before
January 1, 1992. Local public improvements to be financed by the
commission may be in or serving the tax area.

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The commission may issue bonds payable
in whole or in part from money distributed from the fund to the
commission to finance local public improvements under IC 36-7-15.1-17 or make lease rental payments in whole or in part from
money distributed from the fund to the commission for a local public
improvement under IC 36-7-15.1-17.1 and IC 36-7-15.1-17.2,
including debt service payments on or lease rental payments for local
public improvements under bonds issued or a lease entered into before
January 1, 1992. Local public improvements to be financed by the
commission may be in or serving the tax area.

Indiana § 36-7-27-14 (Bonds; issuance; purposes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.