Indiana § 6-9-1-6.4 Morris Performing Arts Center fund

Indiana Statutes

§ 6-9-1-6.4 — Morris Performing Arts Center fund

Indiana § 6-9-1-6.4

Art. 9INNKEEPER'S TAXES; OTHER LOCAL TAXES

Ch. 1St. Joseph County Innkeeper's Tax

This text of Indiana § 6-9-1-6.4 (Morris Performing Arts Center fund) 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 § 6-9-1-6.4 (2026).

Text

4.

(a)As used in this section, "fund" means the Morris Performing Arts Center fund.

(b)If the county fiscal body adopts an ordinance to increase the tax rate under section 5(b) of this chapter, the fund is established for the purpose of investing money in the Morris Performing Arts Center, which may include construction costs to:

(1)alter or expand existing structures and buildings of, or connected or immediately adjacent to, the Morris Performing Arts Center;

(2)construct, expand, or repair parking facilities;

(3)add levels or stories to the Morris Performing Arts Center;

(4)improve or update the Morris Performing Arts Center; or

(5)create private development opportunities, such as adding retail space or residential units in, or connected or immediately adjacent to, the Morris Perf

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4. (a) As used in this section, "fund" means the
Morris Performing Arts Center fund.
(b) If the county fiscal body adopts an ordinance to increase the tax
rate under section 5(b) of this chapter, the fund is established for the
purpose of investing money in the Morris Performing Arts Center,
which may include construction costs to:
(1) alter or expand existing structures and buildings of, or
connected or immediately adjacent to, the Morris Performing Arts
Center;
(2) construct, expand, or repair parking facilities;
(3) add levels or stories to the Morris Performing Arts Center;
(4) improve or update the Morris Performing Arts Center; or
(5) create private development opportunities, such as adding retail
space or residential units in, or connected or immediately adjacent
to, the Morris Performing Arts Center.
(c) Subject to subsection (e), the county treasurer, after collecting
the tax revenue in accordance with section 5 of this chapter, shall
quarterly deposit tax revenue in the fund as follows:
(1) If the county fiscal body adopts an ordinance to increase the
tax rate imposed under this chapter to a rate of more than six
percent (6%), but less than eight percent (8%), twenty-five
percent (25%) of the amount of revenue that is attributable to the
increased tax rate.
(2) If the county fiscal body adopts an ordinance to increase the
tax rate imposed under this chapter to a rate of eight percent (8%),
the amount of revenue collected as a result of a one-half of one
percent (0.5%) rate.
(d) The board of managers shall administer the fund to:
(1) finance, construct, improve, equip, operate, promote, and
maintain the Morris Performing Arts Center;
(2) renovate, equip, operate, and maintain any existing structure
of the Morris Performing Arts Center;
(3) refund bonds issued for a purpose described in subdivision (1)
or (2), make lease payments incurred, or retire bonds issued to
finance, construct, improve, or equip a capital project described
in this section; or
(4) carry out any other purpose described in subsection (b).
(e) This section expires on July 1, 2046.