Indiana § 6-1.1-12.5-4 Ordinance designating infrastructure development zone

Indiana Statutes

§ 6-1.1-12.5-4 — Ordinance designating infrastructure development zone

Indiana § 6-1.1-12.5-4

Art. 1.1PROPERTY TAXES

Ch. 12.5Infrastructure Development Zones

This text of Indiana § 6-1.1-12.5-4 (Ordinance designating infrastructure development zone) 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 § 6-1.1-12.5-4 (2026).

Text

A county executive, a municipal legislative body, or, in Marion County, the county fiscal body, may adopt an ordinance designating a geographic territory as an infrastructure development zone after:

(1)conducting a public hearing on the proposed ordinance;

(2)publishing notice of the public hearing in the manner prescribed by IC 5-3-1; and

(3)making the following findings:

(A)Adequate eligible infrastructure is not available in the zone.

(B)Providing a property tax exemption to a person for investing in eligible infrastructure in the zone will provide:

(i)opportunities for increased natural gas usage, increased availability of broadband service, advanced services, and public water or wastewater service; and

(ii)economic development benefits; in the zone.

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A county executive, a municipal legislative
body, or, in Marion County, the county fiscal body, may adopt an
ordinance designating a geographic territory as an infrastructure
development zone after:
(1) conducting a public hearing on the proposed ordinance;
(2) publishing notice of the public hearing in the manner
prescribed by IC 5-3-1; and
(3) making the following findings:
(A) Adequate eligible infrastructure is not available in the zone.
(B) Providing a property tax exemption to a person for
investing in eligible infrastructure in the zone will provide:
(i) opportunities for increased natural gas usage, increased
availability of broadband service, advanced services, and
public water or wastewater service; and
(ii) economic development benefits;
in the zone.