§ 8-22-3.5-6 — Notice; adoption of resolution; hearings

Indiana § 8-22-3.5-6

• Jurisdiction: Indiana
• Art. 22: AIRPORTS
• Ch. 3.5: Airport Development Zones

Text

(a) After adoption of the resolution under
section 5 of this chapter, the commission shall:
(1) publish notice of the adoption and substance of the resolution
in accordance with IC 5-3-1; and
(2) file the following information with each taxing unit that has
authority to levy property taxes in the geographic area where the
airport development zone is located:
(A) A copy of the notice required by subdivision (1).
(B) A statement disclosing the impact of the airport
development zone, including the following:
(i) The estimated economic benefits and costs incurred by the
airport development zone, as measured by increased
employment and anticipated growth of real property assessed
values.
(ii) The anticipated impact on tax revenues of each taxing
unit.
The notice must state the general boundaries of the area designated as
an airport development zone and must state that written remonstrances
may be filed with the commission until the time designated for the
hearing. The notice must also name the place, date, and time when the
commission will receive and hear remonstrances and objections from
persons interested in or affected by the proceedings pertaining to the
proposed airport development zone designation and will determine the
public utility and benefit of the proposed airport development zone
designation. The commission shall file the information required by
subdivision (2) with the officers of the taxing unit who are authorized
to fix budgets, tax rates, and tax levies under IC 6-1.1-17-5 at least ten
(10) days before the date of the public hearing. All persons affected in
any manner by the hearing, including all taxpayers within the taxing
district of the airport authority, shall be considered notified of the
pendency of the hearing and of subsequent acts, hearings,
adjournments, and orders of the commission affecting the airport
development zone if the commission gives the notice required by this
section.
(b) At the hearing, which may be recessed and reconvened from
time to time, the commission shall hear all persons interested in the
proceedings and shall consider all written remonstrances and
objections that have been filed. After considering the evidence
presented, the commission shall take final action determining the
public utility and benefit of the proposed airport development zone
designation and confirming, modifying and confirming, or rescinding
the resolution. The final action taken by the commission shall be
recorded and is final and conclusive, except that an appeal may be
taken in the manner prescribed by section 7 of this chapter.
(c) If the commission confirms, or modifies and confirms, the
resolution, the commission shall file a copy of the resolution with both
the auditor of the county in which the airport development zone is
located and the department of local government finance, together with
any supporting documents that are relevant to the computation of
assessed values in the airport development zone, within thirty (30) days
after the date on which the commission takes final action on the
resolution.

Legislative History

As added by P.L.86-1991, SEC.1. Amended by P.L.25-1995, SEC.59; P.L.214-2019, SEC.29; P.L.257-2019, SEC.80.