Indiana § 36-9-30-28 Lease with option to purchase facilities; erection of facility on land
owned by unit

Indiana Statutes

§ 36-9-30-28 — Lease with option to purchase facilities; erection of facility on land owned by unit

Indiana § 36-9-30-28

Title 36LOCAL GOVERNMENT

Art. 9TRANSPORTATION AND PUBLIC WORKS

Ch. 30Solid Waste Collection and Disposal

This text of Indiana § 36-9-30-28 (Lease with option to purchase facilities; erection of facility on land owned by unit) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 36-9-30-28 (2026).

Text

A unit that wants to have solid waste disposal facilities erected on land owned or to be acquired by the unit may:

(1)sell that land to the lessor; or

(2)lease that land to the lessor for a nominal rental for the same period of years that the unit leases the facilities, and grant an option to the lessor to purchase the land within six (6) months after the termination of the lease of the facilities if the unit defaults under the terms of the lease and the lease is terminated. If the option price on the land is not fixed in the original lease, the circuit court for the county shall appoint three (3) appraisers who reside in the unit to determine the price to be paid for the land under the option. [Pre-Local Government Recodification Citation: 19-2-1-27.] As added by Acts 1981, P.L.309, SEC

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A unit that wants to have solid waste
disposal facilities erected on land owned or to be acquired by the unit
may:
(1) sell that land to the lessor; or
(2) lease that land to the lessor for a nominal rental for the same
period of years that the unit leases the facilities, and grant an
option to the lessor to purchase the land within six (6) months
after the termination of the lease of the facilities if the unit
defaults under the terms of the lease and the lease is terminated.
If the option price on the land is not fixed in the original lease, the
circuit court for the county shall appoint three (3) appraisers who reside
in the unit to determine the price to be paid for the land under the
option.
[Pre-Local Government Recodification Citation:
19-2-1-27.]
As added by Acts 1981, P.L.309, SEC.106.