1. (a) For the purposes of this chapter, the commission may do the following:

   1. (1) Acquire by grant, gift, purchase, or devise and dispose of conservation easements under IC 32-23-5 in land within the one hundred (100) year flood plains and the wetlands in the basin.
   2. (2) Acquire by grant, gift, purchase, or devise improvements within the one hundred (100) year flood plains of the basin for the purpose of removal of those improvements.
   3. (3) Adopt rules under IC 4-22-2 that restrict construction within the one hundred (100) year flood plains of the basin.
   4. (4) Acquire, dispose, hold, use, improve, maintain, operate, own, manage, or lease real or personal property by grant, gift, purchase, or devise.

2. (b) The commission may exercise the powers granted by this section as follows:

   1. (1) For purposes of IC 32-23-5 .

   2. (2) To contribute to the following:

      1. (A) Flood control.
      2. (B) Flood damage reduction.
      3. (C) Improvements in water quality.

      4. (D) Soil conservation.

         [Pre-1995 Recodification Citation: 36-7-6.1-21.]

As added by P.L.1-1995, SEC.23. Amended by P.L.2-2002, SEC.63.