§ 36-9-16-3 — Cumulative capital improvement fund; additional purposes

Indiana § 36-9-16-3

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 9: TRANSPORTATION AND PUBLIC WORKS
• Ch. 16: Municipal Cumulative Building or Sinking Fund and

Text

A unit may establish cumulative capital
improvement funds to provide money for one (1) or more of the
following purposes:
(1) To acquire land or rights-of-way to be used for public ways or
sidewalks.
(2) To construct and maintain public ways or sidewalks.
(3) To acquire land or rights-of-way for the construction of
sanitary or storm sewers, or both.
(4) To construct and maintain sanitary or storm sewers, or both.
(5) To acquire, by purchase or lease, or to pay all or part of the
purchase price of a utility.
(6) To purchase or lease land, buildings, or rights-of-way for the
use of any utility that is acquired or operated by the unit.
(7) To purchase or acquire land, with or without buildings, for
park or recreation purposes.
(8) To purchase, lease, or pay all or part of the purchase price of
motor vehicles for the use of any combination of the police, a
community corrections program, or the fire department, including
ambulances and firefighting vehicles with the necessary
equipment, ladders, and hoses.
(9) To purchase, lease, or pay all or part of the cost of electronic
monitoring equipment used by a state or local community
corrections program.
(10) To retire in whole or in part any general obligation bonds of
the unit that were issued for the purpose of acquiring or
constructing improvements or properties that would qualify for
the use of cumulative capital improvement funds.
(11) To purchase or lease equipment and other nonconsumable
personal property needed by the unit for any public transportation
use.
(12) In a county or a consolidated city, to purchase or lease
equipment to be used to illuminate a public way or sidewalk.
(13) The fund may be used for any of the following purposes:
(A) To purchase, lease, upgrade, maintain, or repair one (1) or
more of the following:
(i) Computer hardware.
(ii) Computer software.
(iii) Wiring and computer networks.
(iv) Communication access systems used to connect with
computer networks or electronic gateways.
(B) To pay for the services of full-time or part-time computer
maintenance employees.
(C) To conduct nonrecurring inservice technology training of
unit employees.
(14) To purchase body armor (as defined in IC 35-47-5-13(a)) for
active members of a police department under:
(A) IC 36-5-7-7;
(B) IC 36-8-4-4.5;
(C) IC 36-8-9-9; and
(D) IC 36-8-10-4.5.
[Pre-Local Government Recodification Citation: 18-6-2-1
part.]
As added by Acts 1981, P.L.309, SEC.89. Amended by
P.L.82-1985, SEC.7; P.L.199-1988, SEC.6; P.L.41-2001, SEC.1;
P.L.8-2009, SEC.4; P.L.34-2010, SEC.10; P.L.67-2012, SEC.7;
P.L.124-2019, SEC.1.