Sec. 2. As used in this chapter, “school building” means a building used as part of or in connection with the operation of schools and includes the: (1) site for the building; (2) equipment for the building; and (3) appurtenances to the building, such as heating facilities, water supply, sewage disposal, landscaping, walks, drives, and […]
Sec. 2. As used in this chapter, “school building” means a building used as part of or in connection with the operation of schools and includes the: (1) site for the building; (2) equipment for the building; and (3) appurtenances to the building, such as heating facilities, water supply, sewage disposal, landscaping, walks, drives, and […]
Sec. 3. (a) A school corporation may lease a school building or buildings for the use of: (1) the school corporation; or (2) a joint or consolidated school district of which the school corporation is a part or to which it contributes; for a term not to exceed fifty (50) years. (b) A school corporation […]
Sec. 3. (a) A school corporation may lease a school building or buildings for the use of: (1) the school corporation; or (2) a joint or consolidated school district of which the school corporation is a part or to which it contributes; for a term not to exceed fifty (50) years. (b) A school corporation […]
Sec. 4. A school corporation or corporations may enter into a lease or lease with option to purchase under this chapter only with: (1) a corporation organized under Indiana law or admitted to do business in Indiana; or (2) a religious organization (or the organization’s agent) that is exempt from federal income taxation under Section […]
Sec. 4. A school corporation or corporations may enter into a lease or lease with option to purchase under this chapter only with: (1) a corporation organized under Indiana law or admitted to do business in Indiana; or (2) a religious organization (or the organization’s agent) that is exempt from federal income taxation under Section […]
Sec. 5. (a) Except as provided in subsections (d) and (e), a lease must provide that the school corporation or corporations have an option to: (1) renew the lease for a further term on like conditions; and (2) purchase the property covered by the lease; with the terms and conditions of the purchase to be […]
Sec. 5. (a) Except as provided in subsections (d) and (e), a lease must provide that the school corporation or corporations have an option to: (1) renew the lease for a further term on like conditions; and (2) purchase the property covered by the lease; with the terms and conditions of the purchase to be […]
Sec. 6. (a) A lessor corporation proposing to build a school building or buildings must submit preliminary plans, specifications, and estimates for the building or buildings to the lessee or lessees before the execution of the lease. Final plans and specifications must be submitted to the state department of health, state fire marshal, and other […]
Sec. 6. (a) A lessor corporation proposing to build a school building or buildings must submit preliminary plans, specifications, and estimates for the building or buildings to the lessee or lessees before the execution of the lease. Final plans and specifications must be submitted to the state department of health, state fire marshal, and other […]
Sec. 7. A lease entered into under this chapter may provide that as a part of the lease rental for the school building or buildings the lessee or lessees shall: (1) pay all taxes and assessments levied against or on account of the leased property; (2) maintain insurance on the leased property for the benefit […]
Sec. 7. A lease entered into under this chapter may provide that as a part of the lease rental for the school building or buildings the lessee or lessees shall: (1) pay all taxes and assessments levied against or on account of the leased property; (2) maintain insurance on the leased property for the benefit […]
Sec. 8. (a) Except as provided in subsection (b), a school corporation or corporations may, in anticipation of the acquisition of a site and the construction and erection of a school building or buildings, and, subject to the approval of the department of local government finance, enter into a lease with a lessor corporation before […]
Sec. 8. (a) Except as provided in subsection (b), a school corporation or corporations may, in anticipation of the acquisition of a site and the construction and erection of a school building or buildings, and, subject to the approval of the department of local government finance, enter into a lease with a lessor corporation before […]
Sec. 9. (a) After the lessor corporation and the school corporation or corporations have agreed upon the terms and conditions of a lease proposed to be entered into under this chapter, and before the final execution of the lease, a notice shall be given by publication to all persons interested of a hearing or joint […]
Sec. 9. (a) After the lessor corporation and the school corporation or corporations have agreed upon the terms and conditions of a lease proposed to be entered into under this chapter, and before the final execution of the lease, a notice shall be given by publication to all persons interested of a hearing or joint […]
