Sec. 1. This chapter applies to the lease by a school corporation of an existing school building or improved school building under IC 20-47-2 or IC 20-47-3. [Pre-2006 Recodification Citation: 21-5-9-1.] As added by P.L.2-2006, SEC.170.
Sec. 1. This chapter applies to the lease by a school corporation of an existing school building or improved school building under IC 20-47-2 or IC 20-47-3. [Pre-2006 Recodification Citation: 21-5-9-1.] As added by P.L.2-2006, SEC.170.
Sec. 10. A school corporation that sells an existing school building under section 6 of this chapter shall deposit the proceeds of the sale in the school corporation’s operations fund and use the proceeds only for: (1) new construction of school buildings; (2) related site acquisition; and (3) related site development. However, any amount of […]
Sec. 10. A school corporation that sells an existing school building under section 6 of this chapter shall deposit the proceeds of the sale in the school corporation’s operations fund and use the proceeds only for: (1) new construction of school buildings; (2) related site acquisition; and (3) related site development. However, any amount of […]
Sec. 2. As used in this chapter, “existing school building”: (1) includes a: (A) school building; or (B) building that after acquisition will be used as a school building; and (2) may include more than one (1) building. The term does not include a portable or relocatable building or classroom. [Pre-2006 Recodification Citation: 21-5-9-2(c).] As […]
Sec. 2. As used in this chapter, “existing school building”: (1) includes a: (A) school building; or (B) building that after acquisition will be used as a school building; and (2) may include more than one (1) building. The term does not include a portable or relocatable building or classroom. [Pre-2006 Recodification Citation: 21-5-9-2(c).] As […]
Sec. 3. As used in this chapter, “improved school building” means an existing school building as improved, renovated, remodeled, or expanded by a lessor corporation. [Pre-2006 Recodification Citation: 21-5-9-2(d).] As added by P.L.2-2006, SEC.170.
Sec. 3. As used in this chapter, “improved school building” means an existing school building as improved, renovated, remodeled, or expanded by a lessor corporation. [Pre-2006 Recodification Citation: 21-5-9-2(d).] As added by P.L.2-2006, SEC.170.
Sec. 4. As used in this chapter, “school building” has the meaning set forth in IC 20-47-2-4 or IC 20-47-3-2. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.170.
Sec. 4. As used in this chapter, “school building” has the meaning set forth in IC 20-47-2-4 or IC 20-47-3-2. [2006 Recodification Citation: New.] As added by P.L.2-2006, SEC.170.
Sec. 5. A lessor corporation qualified or formed to acquire a site, erect a school building on the site, and lease the school building to a school corporation under IC 20-47-2 or IC 20-47-3 may: (1) be qualified or formed to acquire, improve, or expand an existing school building; (2) acquire, improve, or expand an […]
Sec. 5. A lessor corporation qualified or formed to acquire a site, erect a school building on the site, and lease the school building to a school corporation under IC 20-47-2 or IC 20-47-3 may: (1) be qualified or formed to acquire, improve, or expand an existing school building; (2) acquire, improve, or expand an […]
Sec. 6. (a) A lessor corporation may acquire and finance an existing school building, other than as provided in section 5 of this chapter, and lease the existing school building to a school corporation. A school corporation shall comply with: (1) IC 20-47-2 or IC 20-47-3; (2) the petition and remonstrance provisions under IC 6-1.1-20 […]
Sec. 6. (a) A lessor corporation may acquire and finance an existing school building, other than as provided in section 5 of this chapter, and lease the existing school building to a school corporation. A school corporation shall comply with: (1) IC 20-47-2 or IC 20-47-3; (2) the petition and remonstrance provisions under IC 6-1.1-20 […]
Sec. 7. A school corporation may not pay a legal or other professional fee as the result of an exchange or a substitution under section 5 or 6 of this chapter. [Pre-2006 Recodification Citation: 21-5-9-2(b) part.] As added by P.L.2-2006, SEC.170.
Sec. 7. A school corporation may not pay a legal or other professional fee as the result of an exchange or a substitution under section 5 or 6 of this chapter. [Pre-2006 Recodification Citation: 21-5-9-2(b) part.] As added by P.L.2-2006, SEC.170.
Sec. 8. (a) Except as provided in subsection (b), the lease or contract of lease of an existing school building or improved school building to a school corporation as authorized by this chapter must comply with all applicable terms of IC 20-47-2 or IC 20-47-3, including: (1) the notice of hearing on the lease; (2) […]
Sec. 8. (a) Except as provided in subsection (b), the lease or contract of lease of an existing school building or improved school building to a school corporation as authorized by this chapter must comply with all applicable terms of IC 20-47-2 or IC 20-47-3, including: (1) the notice of hearing on the lease; (2) […]
Sec. 9. The sale price of an existing school building must be determined under the provisions of IC 20-47-2 or IC 20-47-3 relating to the sale of land to a lessor corporation. Except as provided in this section, IC 20-26-7 and any other law relating to the sale of the property of school corporations or […]
Sec. 9. The sale price of an existing school building must be determined under the provisions of IC 20-47-2 or IC 20-47-3 relating to the sale of land to a lessor corporation. Except as provided in this section, IC 20-26-7 and any other law relating to the sale of the property of school corporations or […]
