US Lawyer Database

36-7.5-4-16-b. Transfers; Failure to Make; Duty of State Treasurer or Local Fiscal Officer; Deduction of Amounts Payable; Payment to Development Authority

     Note: This version of section amended by P.L.248-2017, SEC.8. See also preceding version of this section amended by P.L.229-2017, SEC.40. Sec. 16. (a) This section applies if a political subdivision or city or county described in IC 36-7.5-2-3 or a county participating in a rail project under IC 36-7.5-4.5 fails to make a transfer or […]

36-7.5-4-17. Covenant With Holders

Sec. 17. (a) If there are bonds outstanding that have been issued under this article and are not secured by a lease, or if there are leases in effect under this article, the general assembly also covenants that it will not reduce the amount required to be transferred from the counties and cities to the […]

36-7.5-4-19. Obligations Legalized and Validated

Sec. 19. (a) All bonds, notes, evidences of indebtedness, leases, or other written obligations issued or executed by or in the name of the development authority under this chapter before April 30, 2019, are hereby legalized and declared valid. (b) Any pledge, dedication or designation of revenues securing the bonds, notes, evidences of indebtedness, leases, […]

36-7.5-4-20. Transfer of Money

Sec. 20. (a) Before July 1, 2019, the Lake County auditor shall transfer to the secretary-treasurer of the development authority all amounts held in the commuter rail extension and improvement fund established by an ordinance adopted by the fiscal body of Lake County on June 9, 2015. (b) On or before December 31, 2019, the […]

36-7.5-4-21. West Lake Corridor Project; Failure to Enter Into a Full Funding Grant Agreement

Sec. 21. (a) If a full funding grant agreement is not entered into between the commuter transportation district and the federal government for the West Lake corridor project, all amounts received by the secretary-treasurer of the development authority under IC 6-3.6-11-5.5, including any interest earned on those amounts, shall be distributed by the secretary-treasurer of […]

36-7.5-4-9. Plans; Approval

Sec. 9. If the lease provides for a project or improvements to a project to be constructed by the development authority, the plans and specifications shall be submitted to and approved by all agencies designated by law to pass on plans and specifications for public buildings. As added by P.L.214-2005, SEC.73.