Indiana § 36-7.5-2-1 Establishment; purposes

Indiana Statutes

§ 36-7.5-2-1 — Establishment; purposes

Indiana § 36-7.5-2-1

Title 36LOCAL GOVERNMENT

Art. 7.5NORTHWEST INDIANA REGIONAL

Ch. 2Development Authority and Board

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Bluebook

Ind. Code § 36-7.5-2-1 (2026).

Text

The northwest Indiana regional development authority is established as a separate body corporate and politic to carry out the purposes of this article by:

(1)acquiring, constructing, equipping, owning, leasing, and financing projects and facilities for lease to or for the benefit of eligible political subdivisions under this article in accordance with IC 36-7.5-3-1.5;

(2)funding and developing the Gary/Chicago International Airport expansion and other airport authority projects, commuter transportation district and other rail projects and services, regional bus authority projects and services, regional transportation authority projects and services, and economic development projects in northwestern Indiana;

(3)assisting with the funding of infrastructure needed to sustain development of

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The northwest Indiana regional development
authority is established as a separate body corporate and politic to carry
out the purposes of this article by:
(1) acquiring, constructing, equipping, owning, leasing, and
financing projects and facilities for lease to or for the benefit of
eligible political subdivisions under this article in accordance
with IC 36-7.5-3-1.5;
(2) funding and developing the Gary/Chicago International
Airport expansion and other airport authority projects, commuter
transportation district and other rail projects and services,
regional bus authority projects and services, regional
transportation authority projects and services, and economic
development projects in northwestern Indiana;
(3) assisting with the funding of infrastructure needed to sustain
development of an intermodal facility in northwestern Indiana;
(4) funding and developing regional transportation infrastructure
projects under IC 36-9-43; and
(5) studying and evaluating destination based economic
development projects that have:
(A) an identified market;
(B) identified funding sources and these funding sources
include at least fifty percent (50%) from nongovernmental
sources; and
(C) a demonstrable short and long term local and regional
economic impact, as verified by an independent economic
analysis.
An economic analysis conducted under clause (C) must be
submitted to the budget committee at least thirty (30) days before
review is sought for the project under IC 36-7.5-3-1.5.

Legislative History

As added by P.L.214-2005, SEC.73. Amended by P.L.47-2006, SEC.54; P.L.197-2011, SEC.150; P.L.192-2015, SEC.9; P.L.204-2016, SEC.37; P.L.229-2017, SEC.37; P.L.114-2022, SEC.36.