Note: This version of section effective until 3-12-2026. See also following version of this section, effective 3-12-2026.

1. (1) additions;
2. (2) refurbishment; and

3. (3) budget shortfalls or other unusual costs;

   of a convention and event center that is constructed using money from the convention fund under this chapter.

4. (b) The reserve fund consists of:

   1. (1) transfers under IC 6-9-2-1.5 (c) (as in effect before amendment in the 2026 session of the general assembly); and
   2. (2) gifts, grants, donations, or other contributions from any other public or private source.
5. (c) The convention center authority shall administer the reserve fund.

Sec. 10. (a) A local county fund known as the Lake County convention and event center reserve fund is established to pay for:

As added by P.L.195-2023, SEC.7. Amended by P.L.44-2026, SEC.28.