16-22-6-24. Lease Options; Renewal or Purchase
Sec. 24. (a) A lease: (1) may provide that the lessee has an option to renew the lease for a like or lesser term; and (2) must contain an option to purchase at any time after ten (10) years from the execution of the lease and before the expiration of the term of the lease […]
16-22-6-40. Compliance With Other Laws
Sec. 40. In proceeding under this chapter, it is not necessary to comply with any other law except as otherwise expressly provided in this chapter. [Pre-1993 Recodification Citation: 16-12-20-28.] As added by P.L.2-1993, SEC.5.
16-22-6-25. Plans and Specifications; Approval
Sec. 25. Before the execution of a lease the governing board of the hospital and the county executive shall approve the plans, specifications, and estimates of cost for the building, equipment, and appurtenances that the authority proposes to lease to a lessee. The plans and specifications also shall be submitted to and approved by the […]
16-22-6-26. Sale of County Land or Building to Authority; Procedure
Sec. 26. (a) A county desiring to erect or renovate a building on land owned or to be acquired by the county may sell land or a building, or both to the authority. Before the sale may take place, the county executive, with the approval of the county fiscal body, shall file a petition with […]
16-22-6-27. Contiguous Counties; Agreements for County Without Hospital to Reimburse County With Hospital for Portion of Lease Rental; Procedure
Sec. 27. (a) As used in this section, “contributing county” means a county without a county hospital that is contiguous to a county with a county hospital. (b) As used in this section, “lessee county” means a county with a county hospital. (c) A contributing county may enter into an agreement with a lessee county […]
16-22-6-28. Agreements Between Contiguous Counties; Rights of County Citizens
Sec. 28. The citizens of a contributing county under section 27 of this chapter have the same rights and privileges in the hospital as the citizens of the county where the hospital is located. [Pre-1993 Recodification Citation: 16-12-19-2.] As added by P.L.2-1993, SEC.5.
16-22-6-29. Revenue Bonds; Authorization; Legal Investments; Sale
Sec. 29. (a) The governing board may issue revenue bonds of the authority to procure funds to pay the cost of a building to be built, acquired, renovated, or acquired and renovated under this chapter, and to repay advances for preliminary expenses made to the authority by the county. The bonds are payable solely from […]
16-22-6-30. Application of Bond Proceeds
Sec. 30. The proceeds of bonds issued under this chapter, after reimbursement to the county for preliminary expenses as provided in section 11 of this chapter, shall be applied to the payment of the costs of acquisition, construction, or renovation of the building for which the bonds are issued, including incidental expenses and interest before […]
16-22-6-31. Security for Bonds; Trust Indenture
Sec. 31. (a) The governing board may secure the bonds by a trust indenture between the authority and a corporate trustee, which may be any trust company or national or state bank in Indiana having trust powers. (b) The trust indenture may do the following: (1) Mortgage the land or building, or both, for which […]
16-22-6-32. Tax Levy
Sec. 32. (a) The county fiscal body of a county that has entered into a lease under this chapter shall annually levy a tax sufficient to produce, with other funds available, funds sufficient to pay the lease rental provided to be paid from taxes. (b) Net revenues of the hospital of which the leased building […]