Indiana § 5-1.2-9-13 Report for proposed economic development project; plan commission;
school superintendent

Indiana Statutes

§ 5-1.2-9-13 — Report for proposed economic development project; plan commission; school superintendent

Indiana § 5-1.2-9-13

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 9Economic Development Projects

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Bluebook

Ind. Code § 5-1.2-9-13 (2026).

Text

The authority shall prepare a report that:

(1)briefly describes the proposed economic development project;

(2)estimates the number and expense of public works or services that would be made necessary or desirable by the proposed economic development project, including public ways, schools, water, sewers, street lights, and fire protection;

(3)estimates the total costs of the proposed economic development project;

(4)for an economic development project that is not exclusively either a pollution control facility or an educational facility project, estimates the number of jobs and the payroll to be created or saved by the project;

(5)for educational facility projects, describes how the project promotes the educational enrichment (including cultural, intellectual, scientific, or artistic

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The authority shall prepare a report that:
(1) briefly describes the proposed economic development project;
(2) estimates the number and expense of public works or services
that would be made necessary or desirable by the proposed
economic development project, including public ways, schools,
water, sewers, street lights, and fire protection;
(3) estimates the total costs of the proposed economic
development project;
(4) for an economic development project that is not exclusively
either a pollution control facility or an educational facility project,
estimates the number of jobs and the payroll to be created or
saved by the project;
(5) for educational facility projects, describes how the project
promotes the educational enrichment (including cultural,
intellectual, scientific, or artistic opportunities) of the people of
the state; and
(6) for pollution control facilities, describes the facilities and how
they will abate, reduce, or prevent pollution.
The report shall be submitted to the executive director or chair of the
plan commission, if any, having jurisdiction over the economic
development project and, if the number of new jobs estimated exceeds
one hundred (100), to the superintendent of the school corporation
where the economic development project will be located. The
executive director or chair of the plan commission and the school
superintendent may formulate their written comments concerning the
report and transmit their comments, if any, to the authority within five
(5) days after the receipt of the report.