1. (a) A multiple county juvenile facility authority may be established under this chapter by:

   1. (1) ordinance of the fiscal body of each county participating in the authority; and
   2. (2) ordinance of the executive of each county participating in the authority.

2. (b) An agreement to establish an authority must include the following:

   1. (1) More than one (1) county as a participant.
   2. (2) A formula to determine the amount of money to be contributed to the authority by each county participating in the authority.
   3. (3) Provisions concerning the construction of a facility or the operation and maintenance of a facility, or both, by the authority.

As added by P.L.223-1991, SEC.1.