Indiana Statutes
§ 36-9-38-32 — Fees for use of improvement; excess revenues; payment of bonds
Indiana § 36-9-38-32
JurisdictionIndiana
Title 36LOCAL GOVERNMENT
Art. 9TRANSPORTATION AND PUBLIC WORKS
Ch. 38Barrett Law Funding for Municipal Improvement
This text of Indiana § 36-9-38-32 (Fees for use of improvement; excess revenues; payment of bonds) 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 § 36-9-38-32 (2026).
Text
If the fees established under section 31 of
this chapter produce net revenue in excess of reasonable costs of
operation and maintenance, the excess revenue shall be used to pay
part of the principal and interest on the bonds issued as the bonds
mature. To the extent that principal and interest is paid from the excess
revenue, the assessments shall be reduced and canceled on a pro rata
basis.
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Legislative History
As added by P.L.98-1993, SEC.9.
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
RepealedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 36-9-38-32, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-9-38-32.