36-7-21-1. Application of Chapter
Sec. 1. This chapter applies to all units except townships. As added by P.L.380-1987(ss), SEC.20.
36-7-21-2. Legislative Finding
Sec. 2. The general assembly finds that the redevelopment purposes for which special improvement districts may be established under this chapter constitute local public improvements. As added by P.L.380-1987(ss), SEC.20.
36-7-21-3. Establishment of Special Improvement District; Prerequisite Findings
Sec. 3. (a) A redevelopment commission may by resolution request the legislative body of the unit to establish a special improvement district for the purposes set forth in IC 36-7-15.1 with respect to counties having a consolidated city and in IC 36-7-14 with respect to all other eligible units. (b) A special improvement district shall […]
36-7-21-4. Resolution Requesting Establishment of District; Contents
Sec. 4. In the resolution requesting the legislative body to establish a special improvement district, the redevelopment commission shall include the following information: (1) A map of the boundaries of the proposed special improvement district, to include, if applicable, zone boundaries as prescribed by section 6 of this chapter. (2) The name and address of […]
36-7-21-5. Apportionment of Benefits; Adjustment
Sec. 5. Benefits shall be apportioned on a gross square footage basis or on any other basis reasonably representative of the diffusion of benefits and may be adjusted by zone and land use as provided for in section 6 of this chapter. As added by P.L.380-1987(ss), SEC.20.
36-7-21-6. Benefit Adjustment Through Establishment of Multiple Zone Districts and Land Use Management
Sec. 6. (a) If the redevelopment commission finds that the benefit of the special improvement varies from one (1) area to another within the district, the commission may establish up to three (3) zones within the district to delineate the approximate difference in beneficial impact and may propose the apportionment of benefits accordingly. The redevelopment […]
36-7-21-7. Certification of Scheduled Assessments to County Auditor; Designation of Assessment on Property Tax Statement; Judicial Review of Ordinance Establishing District
Sec. 7. (a) Upon the approval by the legislative body of the resolution establishing the special improvement district, the redevelopment commission shall certify the list of assessments apportioned under sections 5 and 6 of this chapter to the county auditor. The scheduled assessments shall be collected only insofar as the schedule of assessments has been […]
36-7-21-8. Bonds or Notes Payable From Special Improvement Assessments
Sec. 8. Subject to the approval of the legislative body under IC 36-7-14 or IC 36-7-15.1, as applicable, the redevelopment commission may issue notes or bonds payable from the special improvement assessments. These assessments are not ad valorem property taxes, and any bonds issued and payable by the assessment revenues are not a general obligation […]