Indiana Statutes
§ 36-9-17-3 — Authorization and composition of fund
Indiana·Title 36 LOCAL GOVERNMENT·Art. 9 TRANSPORTATION AND PUBLIC WORKS·Ch. 17 Municipal General Improvement Fund
A municipality may, by ordinance and in compliance with the procedures for the establishment of a cumulative fund under IC 6-1.1-41, establish a general improvement fund, which shall be used to construct, repair, or improve streets, alleys, sidewalks, curbs, gutters, and sewers. This fund consists of:
(1)the special assessments collected under this chapter for
benefits to property from constructing, repairing, or improving
streets, alleys, sidewalks, curbs, gutters, and sewers; and
(2)any appropriation made from the general fund of the
municipality or from taxes levied by the municipal legislative
body for these purposes.
However, special assessments collected by a municipality under any
statute other than this chapter may not be deposited in the fund.
[Pre-Local Government Recodificatio
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Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
Repealed