Indiana Statutes
§ 36-9-3-18 — Acquisition of facilities within 100 yards of terminals
Indiana·Title 36 LOCAL GOVERNMENT·Art. 9 TRANSPORTATION AND PUBLIC WORKS·Ch. 3 Regional Transportation Authorities
The authority may acquire, improve,
maintain, lease, and rent facilities, including air rights, that are within
one hundred (100) yards of a terminal, station, or other facility of the
authority. If these facilities generate revenues in excess of their cost to
the authority, the authority must use the excess revenues to improve
transportation services or reduce fares for the public.
[Pre-Local Government Recodification Citation:
19-5-2.5-29 part.]
As added by Acts 1981, P.L.309, SEC.76.
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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Repealed