§ 36-7.5-7-11 — Goals for the participation of minority business enterprises and women's business enterprises; hiring

Indiana § 36-7.5-7-11

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 7.5: NORTHWEST INDIANA REGIONAL
• Ch. 7: Lake County Economic Development and Convention

Text

(a) With respect to projects undertaken by
the development authority under this chapter, the development
authority shall set a goal for participation by minority business
enterprises of fifteen percent (15%) and women's business enterprises
of five percent (5%), consistent with the goals of delivering the project
on time and within the budgeted amount and, insofar as possible, using
Indiana businesses for employees, goods, and services. In fulfilling the
goal, the development authority shall take into account historical
precedents in the same market.
(b) In addition to the provisions of subsection (a), with respect to
construction and demolition projects undertaken by the development
authority under this chapter, the development authority shall set a goal
for hiring at least twenty percent (20%) of employees from local units:
(1) located within the boundaries of the development authority;
and
(2) with an unemployment rate that exceeds the statewide
unemployment rate by more than twenty percent (20%).

Legislative History

As added by P.L.195-2023, SEC.7.