§ 4-13-12.1-6 — Furnishing acceptable site; exterior improvements; lease term

Indiana § 4-13-12.1-6

• Jurisdiction: Indiana
• Art. 13: ADMINISTRATIVE MANAGEMENT OF STATE
• Ch. 12.1: Indiana Historical Society Building

Text

(a) The department shall provide, at no cost
to the society, a site acceptable to the society for the construction of the
building by the society.
(b) The department may, alone, with the Indiana finance authority,
the Indiana White River state park development commission, or any
other entity do the following in relation to the construction of the
building by the society:
(1) Acquire a site by purchase, lease, or other appropriate method.
(2) Provide related exterior improvements for the building.
(c) Notwithstanding the term limitation for a lease under IC 4-20.5-5-7, the department may enter into a lease under subsection (b)
for a term of not more than ninety-nine (99) years.

Legislative History

As added by P.L.22-1992, SEC.1. Amended by P.L.7-1993, SEC.6; P.L.235-2005, SEC.54.