14-27-6-50. Public Purpose
Sec. 50. The acquiring, establishment, construction, improvement, equipment, maintenance, control, and operation of levees under this chapter are declared to be: (1) a governmental function of general public necessity and benefit; and (2) for the use and general welfare of all the people of Indiana as well as of the people residing in the district. […]
14-27-6-51. Expenses
Sec. 51. All expenses incurred by the board necessary to be paid before the collection of taxes levied under this chapter shall be met and paid in the following manner: (1) The board shall periodically certify items of expense to the controller of the city directing the controller to pay the amounts. The controller shall […]
14-27-6-52. Repealed
[Pre-1995 Recodification Citation: 13-2-31-31.] As added by P.L.1-1995, SEC.20. Repealed by P.L.195-2014, SEC.35.
14-27-6-37. Eminent Domain Powers; Description of Land; Statement of Purpose
Sec. 37. Within sixty (60) days after land or interests in land is acquired or taken under this chapter, the board shall file and cause to be recorded in the recorder’s office of the county in which the land is situated the following, which a majority of the board shall sign: (1) A description of […]
14-27-6-38. General Obligation Bonds; Issuance
Sec. 38. (a) The board may issue general obligation bonds of the authority for the purpose of procuring money to pay the cost of: (1) acquiring real property or rights-of-way; or (2) constructing, enlarging, improving, remodeling, repairing, or equipping levees, gates, and pumping stations and sewers, ditches, and drains in connection with that construction or […]
14-27-6-39. General Obligation Bonds; Sale
Sec. 39. (a) The levee superintendent shall manage and supervise the preparation, advertisement, and sale of the bonds, subject to the authorizing ordinance. Before the sale of the bonds, the superintendent shall have notice of the sale published one (1) time each week for two (2) consecutive weeks in two (2) newspapers of general circulation […]
14-27-6-40. General Obligation Bonds; Applicability of Ic 5-1 and Ic 6-1.1-20
Sec. 40. The provisions of IC 5-1 and IC 6-1.1-20 relating to the following apply to proceedings under this chapter: (1) The filing of a petition requesting the issuance of bonds and giving notice of the petition. (2) The giving of notice of determination to issue bonds. (3) The giving of notice of hearing on […]
14-27-6-41. General Obligation Bonds; Payment; Tax Exemption
Sec. 41. (a) All bonds issued under this chapter or under IC 13-2-31 (before its repeal) are the direct general obligations of the authority issuing the bonds and are payable out of unlimited ad valorem taxes that shall be levied and collected on all the taxable property within the district. All officials and bodies involved […]
14-27-6-42. Tax Anticipation Loans
Sec. 42. (a) The board may authorize and make temporary loans in anticipation of the collection of taxes in the district actually levied and in course of collection for the fiscal year in which the loans are made. (b) The board must authorize the loans by ordinance and shall evidence the loans by warrants in […]
14-27-6-43. Treasurer; Appointment, Powers, and Duties
Sec. 43. (a) The board shall appoint a person to act as treasurer of the authority. The treasurer shall give bond in the amount and with the condition that the board prescribes and with surety to the approval of the board. The treasurer shall be appointed to serve for a term of one (1) year […]