Indiana § 36-7-31.5-3 General assembly findings

Indiana Statutes

§ 36-7-31.5-3 — General assembly findings

Indiana § 36-7-31.5-3

Title 36LOCAL GOVERNMENT

Art. 7PLANNING AND DEVELOPMENT

Ch. 31.5Additional Professional Sports Development Area in

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Bluebook

Ind. Code § 36-7-31.5-3 (2026).

Text

(a)The general assembly finds the following:

(1)Marion County and municipalities located in Marion County face unique and distinct challenges and opportunities related to economic development issues associated with the construction of facilities that would host professional soccer and other sporting and entertainment events in the city.

(2)A unique approach is required to ensure that the facilities can be maintained to allow Marion County and those municipalities to meet these challenges and opportunities.

(3)The powers and responsibilities provided to Marion County, the city, the facilities authority, and the capital improvement board by this chapter are appropriate and necessary to carry out the public purposes of encouraging and fostering economic development in central Indiana and

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(a) The general assembly finds the following:
(1) Marion County and municipalities located in Marion County
face unique and distinct challenges and opportunities related to
economic development issues associated with the construction of
facilities that would host professional soccer and other sporting
and entertainment events in the city.
(2) A unique approach is required to ensure that the facilities can
be maintained to allow Marion County and those municipalities
to meet these challenges and opportunities.
(3) The powers and responsibilities provided to Marion County,
the city, the facilities authority, and the capital improvement
board by this chapter are appropriate and necessary to carry out
the public purposes of encouraging and fostering economic
development in central Indiana and constructing facilities that
would host professional soccer and other sporting and
entertainment events in the city.
(4) Encouragement of economic development in central Indiana
will:
(A) generate significant economic activity, which may attract
new businesses and encourage existing businesses to remain or
expand in central Indiana;
(B) promote central Indiana to residents outside Indiana, which
may attract residents outside Indiana and new businesses to
relocate to central Indiana;
(C) protect and increase state and local tax revenues; and
(D) encourage overall economic growth in central Indiana and
in Indiana.
(b) Marion County faces unique challenges in the development of
infrastructure and other facilities necessary to promote economic
development:
(1) as a result of its need to rely on sources of revenue other than
property taxes;
(2) due to the large number of tax exempt properties located in
Marion County;
(3) because the city is the seat of state government and Marion
County government; and
(4) because Marion County is home to multiple institutions of
higher education and the site of numerous state and regional
nonprofit corporations.
(c) Economic development benefits the health and welfare of the
people of Indiana, is a public use and purpose for which public money
may be spent, and is of public utility and benefit.