Indiana § 36-7-31.5-4 Establishment of area; facilities

Indiana Statutes

§ 36-7-31.5-4 — Establishment of area; facilities

Indiana § 36-7-31.5-4

Title 36LOCAL GOVERNMENT

Art. 7PLANNING AND DEVELOPMENT

Ch. 31.5Additional Professional Sports Development Area in

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Bluebook

Ind. Code § 36-7-31.5-4 (2026).

Text

(a)A commission may establish as part of an additional professional sports development area any facility or complex of facilities that is:

(1)used to hold a professional sporting event, and which in addition, may be used to hold other entertainment events, including any publicly owned parking garage, plaza, or infrastructure that is constructed or renovated in connection with the construction of the facility used to hold a professional sporting event;

(2)used in the training of a team engaged in professional sporting events;

(3)used in whole or in part to manage and operate the professional team that would participate in the facility used to hold a professional sporting event; or

(4)a mixed use development, consisting, in part, of retail space, office space, apartment dwelling units,

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(a) A commission may establish as part of an
additional professional sports development area any facility or complex
of facilities that is:
(1) used to hold a professional sporting event, and which in
addition, may be used to hold other entertainment events,
including any publicly owned parking garage, plaza, or
infrastructure that is constructed or renovated in connection with
the construction of the facility used to hold a professional sporting
event;
(2) used in the training of a team engaged in professional sporting
events;
(3) used in whole or in part to manage and operate the
professional team that would participate in the facility used to
hold a professional sporting event; or
(4) a mixed use development, consisting, in part, of retail space,
office space, apartment dwelling units, and one (1) or more hotels.
The tax area may include a facility described in this subsection and any
parcel of land on which the facility is located. An area may contain
noncontiguous tracts of land within the county. However, the straight
line distance between any point in the tax area and the facility
described in subdivision (1) may not exceed one (1) mile. The area
must be separate from other professional sports development areas
established under IC 36-7-31.
(b) Only the facilities described in subsection (a)(1) that are
included within the additional professional sports development area
may be financed with debt issued by the capital improvement board,
the facilities authority, or a political subdivision.
(c) If a facility described in subsection (a)(1) shares a common wall
or other improvements, equipment, or facilities with a facility described
in subsection (a)(2) through (a)(4), the capital improvement board, the
facilities board, or a political subdivision, as applicable, shall
determine if any increase in the cost to construct or acquire the capital
improvement results from the shared use and, consistent with
subsection (b), whether the increased costs should or should not be
financed.