Ind. Code § 36-10-3-11
(a) The board may:
(c) Notwithstanding subsection (b), the board may lease buildings or grounds belonging to the unit for a period of more than one (1) year without soliciting the highest and best bidder or providing notice under IC 5-3-1 if:
(d) This subsection applies after June 30, 2026. Except as otherwise provided by this subsection, before the board may:
(2) enter into a contract under subsection (a)(1) with a total cost exceeding the lesser of:
(3) acquire real or personal property under subsection (a)(4) with a total cost exceeding the lesser of:
(4) approve capital improvements to park facilities or property with a total cost exceeding the lesser of:
(B) ten percent (10%) of the department's annual budget;
the board must obtain approval by the executive of each applicable unit that established the department under this chapter. The board shall provide the applicable unit executive a description of the cost of the service, property, or capital improvement described in subdivisions (1) through (4) and a description of the manner in which the cost will be paid by the board or department.
[Pre-Local Government Recodification Citations: 19-7-4-21 part; 19-7-4-44; 19-7-4-70.]
As added by Acts 1981, P.L.309, SEC.110. Amended by Acts 1981, P.L.320, SEC.6; P.L.228-1986, SEC.1; P.L.35-1990, SEC.72; P.L.328-1995, SEC.1; P.L.40-2026, SEC.25.