IC 5-1.2-9 – Economic Development Projects | Midpage

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Indiana Code

Chapter 9

IC 5-1.2-9

Economic Development Projects

1Purposes of this chapter 2Applicability 3Public offering for sale or lease of property 4Public offering; requirements; offering sheet 5Notice 6Offers 7Award to highest and best bidder; factors that may be considered; rejection 8Cost benefit analyses 9Contracts with a bidder; provisions 10Sale, exchange, or lease of property; terms; time period 11Action to contest validity 12Negotiation of financing agreements; considerations; expenses 13Report for proposed economic development project; plan commission; school superintendent 14Public hearing 15Approval of proposed financing agreement 16Financing agreement; payment provisions 17Financing agreement; limit on term of an agreement 18Financing agreement; requirement for user or developer to pay costs if authority retains an interest in the project 19Financing of projects for developers or users through issuance of bonds 20Requirements that must be complied with before entering into a financing agreement 21Bonds not general obligation of the state 22Taxable bonds; payment provisions 23Power to engage in financing activities; purchase of a loan 24Lender certifications 25Guarantees; secured loans; reservation of funds 26Power to issue bonds; cumulative term of refunding bonds 27Property not public property; not exempt from taxation