§ 36-7-31.5-15 — Uses of money from the fund

Indiana § 36-7-31.5-15

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 7: PLANNING AND DEVELOPMENT
• Ch. 31.5: Additional Professional Sports Development Area in

Text

The capital improvement board may use
money distributed from the additional professional sports development
area fund to pay any costs related to a capital improvement described
in section 4(a)(1) of this chapter, including the following:
(1) Any costs related to the operation, maintenance, or
replacement of a capital improvement described in section 4(a)(1)
of this chapter.
(2) Any costs related to constructing, renovating, and equipping
a capital improvement described in section 4(a)(1) of this chapter.
(3) Any costs related to the financing or refinancing of a capital
improvement described in section 4(a)(1) of this chapter.
(4) Any costs or expenses of the capital improvement board or the
facilities authority incurred in connection with administering the
capital improvement or related bonds, leases, agreements, or
related undertakings.

Legislative History

As added by P.L.109-2019, SEC.16.