Indiana § 8-22-3.5-9.5 Authorization to amend resolution in Vanderburgh County

Indiana Statutes

§ 8-22-3.5-9.5 — Authorization to amend resolution in Vanderburgh County

Indiana § 8-22-3.5-9.5

Art. 22AIRPORTS

Ch. 3.5Airport Development Zones

This text of Indiana § 8-22-3.5-9.5 (Authorization to amend resolution in Vanderburgh County) 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 § 8-22-3.5-9.5 (2026).

Text

5.

(a)This section applies to a commission located in a county described in section 1(5) of this chapter.

(b)The commission may amend a resolution adopted before January 1, 2006, under section 5 of this chapter to include a provision with respect to the allocation and distribution of property taxes.

(c)For purposes of determining the allocation and distribution of property taxes under this chapter, the "base assessed value" means the net assessed value of all the tangible property as finally determined for the assessment date immediately preceding the effective date of the allocation provision of the commission's amended resolution adopted under this section.

(d)An amendment adopted under this section must be approved by the executive of:

(1)the county, if the entire airport developme

Free access — add to your briefcase to read the full text and ask questions with AI

5. (a) This section applies to a commission
located in a county described in section 1(5) of this chapter.
(b) The commission may amend a resolution adopted before January
1, 2006, under section 5 of this chapter to include a provision with
respect to the allocation and distribution of property taxes.
(c) For purposes of determining the allocation and distribution of
property taxes under this chapter, the "base assessed value" means the
net assessed value of all the tangible property as finally determined for
the assessment date immediately preceding the effective date of the
allocation provision of the commission's amended resolution adopted
under this section.
(d) An amendment adopted under this section must be approved by
the executive of:
(1) the county, if the entire airport development zone is located
outside the boundaries of any municipality located in the county;
(2) a municipality located in the county, if the entire airport
development zone is located within the boundary of the
municipality; or
(3) the county and a municipality located in the county, if the
airport development zone is located within the boundary of the
county and partly within the boundary of the municipality.