Indiana § 6-1.1-39-10 Authorization to enter into an agreement with a taxpayer for waiver of
review of an assessment of property taxes in an allocation area during
the term of bonds or lease obligations payable from allocated property
taxes

Indiana Statutes

§ 6-1.1-39-10 — Authorization to enter into an agreement with a taxpayer for waiver of review of an assessment of property taxes in an allocation area during the term of bonds or lease obligations payable from allocated property taxes

Indiana·Art. 1.1 PROPERTY TAXES·Ch. 39 Economic Development Districts

The executive of a unit may enter into a
written agreement with a taxpayer who owns, or is otherwise obligated
to pay property taxes on, tangible property that is or will be located in
an allocation area established under this chapter in which the taxpayer
waives review of any assessment of the taxpayer's tangible property
that is located in the allocation area for an assessment date that occurs
during the term of any specified bond or lease obligations that are
payable from property taxes in accordance with an allocation provision
for the allocation area and any applicable statute, ordinance, or
resolution. An agreement described in this section may precede the
establishment of the allocation area or the determination to issue bonds
or enter into leases payable from the allocated property

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The executive of a unit may enter into a
written agreement with a taxpayer who owns, or is otherwise obligated
to pay property taxes on, tangible property that is or will be located in
an allocation area established under this chapter in which the taxpayer
waives review of any assessment of the taxpayer's tangible property
that is located in the allocation area for an assessment date that occurs
during the term of any specified bond or lease obligations that are
payable from property taxes in accordance with an allocation provision
for the allocation area and any applicable statute, ordinance, or
resolution. An agreement described in this section may precede the
establishment of the allocation area or the determination to issue bonds
or enter into leases payable from the allocated property taxes.

Indiana § 6-1.1-39-10 (Authorization to enter into an agreement with a taxpayer for waiver of review of an assessment of property taxes in an allocation area during the term of bonds or lease obligations payable from allocated property taxes) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.