36-10-9.2-1. Applicability of Chapter

Sec. 1. This chapter applies to each county having a consolidated city. As added by P.L.37-1988, SEC.42.

36-10-9.2-2. Bonds or Notes to Fund Facility

Sec. 2. The city-county legislative body may issue bonds or notes to fund all or any part of a facility to promote sports and fitness within the corporate boundaries of the consolidated city, or to pay any costs associated with such a facility, including reimbursement of any costs associated with the facility that have been […]

36-10-9.2-3. Public Purpose in Funding Facility

Sec. 3. Funding of such a facility or payment of costs or reimbursement for such a facility constitutes a public purpose by creating or maintaining jobs and employment and by providing for the health and welfare of residents of the consolidated city. As added by P.L.37-1988, SEC.42.

36-10-9.2-4. Debt Service on Bonds or Notes

Sec. 4. Debt service on bonds or notes issued under this chapter may be paid from any funds available to pay the debt service, as determined by the city-county legislative body as set forth in IC 5-1-14-4. As added by P.L.37-1988, SEC.42.

36-10-9.2-5. Use of Facility to Serve Public Health and Welfare

Sec. 5. If the proceeds of bonds or notes are used to reimburse any entity under section 2 of this chapter, the consolidated city shall, acting through a board or commission designated for that purpose, contract or make arrangements for the use of the facility to serve the public health and welfare. As added by […]