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IC 5-1-17.5 – Motorsports Investment District | Midpage
Collections
Indiana Code
Title 5
1
Chapter 17.5
IC 5-1-17.5
Motorsports Investment District
1
Legislative findings
2
"Admissions fees"
3
Repealed
4
"Authority"
5
"Board"
6
"Bonds"
7
"Budget agency"
8
"Budget committee"
9
"Commission"
10
"Department"
11
"Motorsports investment district"
12
"Person"
13
"Political subdivision"
14
"Qualified motorsports facility"
15
Commission established; purpose
16
Board of directors of the commission
17
Powers of the commission
18
Staff support and expenses; employees
19
Surety bonds of directors
20
Personal liability of directors
21
Annual audit
22
Annual report
23
Director's interest in contracts or in sale or lease of property prohibited
24
Resolution by commission establishing a district; public hearing; required findings by commission; territory of district
25
Allocation of amounts appropriated to the commission; expiration date of district
26
Filing of informational tax returns by certain taxpayers; guidelines
27
Submission to the budget agency of resolution establishing district
28
Budget committee review; approval by budget agency; required findings before resolution may be approved
29
Information to be provided to department of state revenue
30
Motorsports investment district fund; request for appropriations; use of money in the fund
30.5
Establishment of motorsports facility fund; deposits; reversions; requests for appropriations
31
Powers of Indiana finance authority
32
Lease of structures and improvements; requirements
33
Option to renew lease
34
Option to purchase leased property; conveyance of property; requirements
35
Authorization and execution of leases by commission board of directors
36
Commission approval of financed improvements; liens and security interests; transfer of controlling ownership interest in qualified motorsports facility; credits against obligations of owners
37
Issuance of bonds; terms and conditions; use of bond proceeds
38
Authority for certain actions by the commission and the Indiana finance authority; bonds as legal investments
39
Securing of bonds; trust indenture; validity of pledge or assignment
40
Action to contest validity of bonds
41
Equal opportunities in procurement and contracting
42
Income tax withholding; department of state revenue guidelines
43
Office of management and budget review