Indiana Statutes

§ 36-7-30-15 — Purchase of property

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 30 Reuse of Federal Military Bases
(a)If no appeal is taken or if an appeal is taken but is unsuccessful, the reuse authority shall proceed with the plan to the extent that money is available for that purpose.
(b)Negotiations for the purchase of property may be carried on directly by the reuse authority, by its employees, or by expert negotiators, but no option, contract, or understanding relative to the purchase of real property is binding on the reuse authority until approved and accepted by the reuse authority in writing. Payment for the property purchased shall be made when and as directed by the reuse authority but only on delivery of proper instruments conveying the title or interest of the owner to the reuse authority or its designee.
(c)The acquisition of real and personal property by the reuse authority under th

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Legislative History

As added by P.L.26-1995, SEC.14. Amended by P.L.49-1997, SEC.80.

Nearby Sections

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