36-7-22-23. Reimbursement of Unit
Sec. 23. Upon acceptance or rejection of a proposed economic improvement district following a petition under this chapter, the resulting district (or the person that files the petition, if the proposed district is rejected) shall, at the request of the unit, reimburse the unit for all or part of the reasonable expenses incurred by the […]
36-7-22-8. Repealed
As added by P.L.195-1988, SEC.1. Repealed by P.L.207-2018, SEC.4.
36-7-22-9. Ordinance; Repeal or Amendment
Sec. 9. (a) Subject to subsection (b), an ordinance adopted under section 7 of this chapter may be repealed or amended only after notice of the proposed repeal or amendment is published and mailed in the manner provided by section 6 of this chapter. (b) Beginning after June 30, 2018, the legislative body of a […]
36-7-22-10. Ordinance; Exemption From Special Assessments
Sec. 10. An ordinance adopted under section 7 of this chapter may provide that businesses established within the district after the creation of the district are exempt from special assessments for a period not to exceed one (1) year. As added by P.L.195-1988, SEC.1.
36-7-22-11. Ordinance; Economic Improvement Board
Sec. 11. An ordinance adopted under section 7 of this chapter must establish an economic improvement board to be appointed by the legislative body. The board must have at least three (3) members, and a majority of the board members must own real property within the district. However, if there is only one (1) property […]
36-7-22-12. Assessments; Percentage of Benefit; Notice; Hearing; Decision; Lien; Certification; Economic Improvement Districts
Sec. 12. (a) The board shall use the formula approved by the legislative body under section 7(a)(4) of this chapter to determine the percentage of benefit to be received by each parcel of real property within the economic improvement district. The board shall apply the percentage determined for each parcel to the total amount that […]
36-7-22-13. Ordinance or Assessment Schedule; Action Contesting Validity
Sec. 13. (a) Any owner of real property in an economic improvement district may file an action contesting the validity of: (1) the ordinance adopted under section 7 of this chapter; or (2) the assessment schedule adopted under section 12 of this chapter. (b) An action under this section must be filed: (1) in the […]
36-7-22-14. Certification of Final Scheduled Assessments
Sec. 14. Within thirty (30) days after the county auditor receives the certification of final scheduled assessments for the completion of the economic improvement project, the auditor shall deliver a copy of the certificate to the county treasurer. Each year, the treasurer shall add the full annual assessment due in that year to the tax […]
36-7-22-15. Assessments; Payment to Board
Sec. 15. Assessments collected under this chapter shall be paid to the board. As added by P.L.195-1988, SEC.1.
36-7-22-16. Economic Improvement Fund
Sec. 16. (a) The board shall establish an economic improvement fund and shall deposit in this fund all assessments received under this chapter and any other amounts received by the board. (b) Money in the economic improvement fund may be used only for the purposes specified in the ordinance establishing the economic improvement district. Any […]