16-22-6-36. Liquidation of Authority
Sec. 36. An authority may be liquidated after the authority’s securities are redeemed, debts are paid, and leases are terminated if the board of directors files a report with the circuit court, superior court, or probate court showing the facts and stating that the liquidation is in the best public interest. The court shall find […]
16-22-6-37. Building Additions; Funding
Sec. 37. (a) A county or the governing board of the hospital may remodel or construct an addition to a hospital building leased under this chapter. (b) To provide funds for that purpose, the county may issue general obligation bonds or appropriate money from the county’s general fund or other funds available for that purpose […]
16-22-6-38. Agreements
Sec. 38. A county and an authority that have entered into or propose to enter into a lease under this chapter may enter into a party wall agreement or other agreement concerning the attaching of an addition to a hospital building if the agreement is approved by the governing board of the hospital and recorded […]
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 […]
16-22-6-10. Conflicts of Interest
Sec. 10. A member may not have a pecuniary interest in a contract, an employment, a purchase, or a sale made under the provisions of this chapter. A transaction in which a director has a pecuniary interest is void. [Pre-1993 Recodification Citation: 16-12-20-7.] As added by P.L.2-1993, SEC.5.
16-22-6-11. Preliminary Expenses
Sec. 11. (a) All necessary preliminary expenses actually incurred by the governing board to make surveys, prepare estimates of costs and receipts, employ architects, engineers, attorneys, or other consultants, give notices, take options, and all other expenses that must be paid before the issue and delivery of bonds under this chapter may be paid by […]
16-22-6-12. Powers of Governing Board
Sec. 12. The governing board of the authority may do the following: (1) Finance and construct or renovate a building for hospital use on land owned by the authority and lease the land and building to the county in which the authority has been created. (2) Sue and be sued and plead and be impleaded. […]