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16-22-6-39. Lease Approval of County Fiscal Body

Sec. 39. For the purposes of this chapter, county executive action or approval for the appropriation and expenditure of county tax money includes approval by the county fiscal body. A lease entered into by the county executive with the hospital building authority or association is not valid or binding on the county unless the lease […]

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 […]

16-22-6-29. 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 […]