US Lawyer Database

For Lawyer-Seekers

YOU DESERVE THE BEST LAWYER

Home » US Law » 2022 Indiana Code » Title 36. Local Government » Article 7. Planning and Development » Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment

36-7-15.1-1. Application of Chapter

Sec. 1. This chapter applies in each county having a consolidated city. As added by Acts 1982, P.L.77, SEC.8. Amended by P.L.84-1987, SEC.5.

36-7-15.1-10.5. Notice

Sec. 10.5. (a) In addition to the requirements of section 10 of this chapter, if the resolution or plan for an existing redevelopment project area or urban renewal area is proposed to be amended in a way that changes: (1) parts of the area that are to be devoted to a public way, levee, sewerage, […]

36-7-15.1-11. Remonstrance; Appeal

Sec. 11. (a) A person who filed a written remonstrance with the commission under section 10 of this chapter and is aggrieved by the final action taken may, within ten (10) days after that final action, file with the presiding judge of the superior court a copy of the order of the commission and the […]

36-7-15.1-13. Eminent Domain; Approval by City-County Legislative Body

Sec. 13. (a) Subject to the approval of the city-county legislative body, if the commission considers it necessary to acquire real property in a redevelopment project area by the exercise of the power of eminent domain, it shall adopt a resolution setting out its determination to exercise that power and directing its attorney to file […]

36-7-15.1-15. Appraisal, Publication, and Bidding Requirements

Sec. 15. (a) This section does not apply to the sale or grant of real property or interests in real property to: (1) nonprofit corporations, community development corporations, or neighborhood development corporations under section 15.1 of this chapter; or (2) an urban enterprise association under section 15.2 of this chapter. The provisions of this section […]

36-7-15.1-15.2. Sale or Grant of Real Property to Urban Enterprise Association

Sec. 15.2. (a) The commission may sell or grant, at no cost, title to real property to an urban enterprise association for the purpose of developing the real property if the following requirements are met: (1) The urban enterprise association has incorporated as a nonprofit corporation under IC 5-28-15-14(b)(2). (2) The parcel of property to […]

36-7-15.1-15.5. Additional Powers of Commission

Sec. 15.5. (a) This section applies to the following: (1) Real property: (A) that was acquired by the commission to carry out a redevelopment project, an economic development area project, or an urban renewal project; and (B) relative to which the commission has, at a public hearing, decided that the real property is not needed […]

36-7-15.1-15.7. Disposal of Real Property; Appraisal

Sec. 15.7. (a) The commission may dispose of real property to which section 15.5 of this chapter applies by following the procedure set forth in this section. (b) The commission shall first have the property appraised by two (2) appraisers. The appraisers must be: (1) persons professionally engaged in making appraisals; (2) persons licensed under […]

36-7-15.1-16. Special Tax on Property in Redevelopment District

Sec. 16. (a) For the purpose of raising money to carry out this chapter or IC 36-7-15.3, the city-county legislative body may levy each year a special tax upon all property in the redevelopment district. The tax so levied each year shall be certified to the fiscal officers of the city and the county before […]

36-7-15.1-17. Redevelopment District Bonds

Sec. 17. (a) In addition to other methods of raising money for property acquisition or redevelopment in a redevelopment project area, and in anticipation of the special tax to be levied under section 19 of this chapter, the taxes allocated under section 26 of this chapter, or other revenues of the redevelopment district, the commission […]

36-7-15.1-17.1. Lease of Property to Commission; Conditions

Sec. 17.1. (a) A commission may enter into a lease of any property that may be financed with the proceeds of bonds issued under this chapter with a lessor for a term not to exceed: (1) fifty (50) years, for a lease entered into before July 1, 2008; or (2) twenty-five (25) years, for a […]

36-7-15.1-17.2. Persons Authorized as Lessors

Sec. 17.2. (a) Any of the following persons may lease facilities referred to in section 17.1 of this chapter to a commission: (1) A not-for-profit corporation organized under Indiana law or admitted to do business in Indiana. (2) An authority established under IC 36-10-9.1. (b) Notwithstanding any other law, a lessor under this section and […]

36-7-15.1-17.5. Pledge of Revenues

Sec. 17.5. (a) Notwithstanding any other law, the legislative body may pledge revenues received or to be received by the unit from: (1) the unit’s additional revenue from the local income tax that is designated for certified shares or economic development under IC 6-3.6-6; (2) any other source legally available to the unit for the […]

36-7-15.1-18. Redevelopment District Fund

Sec. 18. (a) All proceeds from the sale of bonds under section 17 of this chapter shall be kept as a separate and specific fund to pay the expenses incurred in connection with the acquisition and redevelopment of property. The fund shall be known as the redevelopment district fund. Any surplus of funds remaining after […]