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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 […]

36-7-22-16. 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 […]

36-7-22-17. Budget

Sec. 17. (a) Before November 1 of each year, the board shall prepare and submit to the fiscal body a budget for the following calendar year governing the board’s projected expenditures from the economic improvement fund. The fiscal body may approve, modify, or reject the proposed budget. (b) The board may make an expenditure from […]

36-7-22-19. Lease or Contractual Agreements

Sec. 19. The board may enter into lease or contractual agreements, or both, with governmental, not-for-profit, or other private entities for the purpose of carrying out economic improvement projects. As added by P.L.195-1988, SEC.1.

36-7-22-4. Petition; Filing; Contents

Sec. 4. (a) A person that intends to file a petition for the establishment of an economic improvement district under this section must first provide written notice to the clerk (as defined in IC 36-1-2) in the case of a municipality, or the county auditor, in the case of a county, of the person’s intent […]

36-7-22-5. Apportionment of Benefits

Sec. 5. (a) The benefits accruing to parcels of real property within an economic improvement district may be apportioned among those parcels on any basis reasonably representative of the diffusion of benefits from the economic improvement project, including the following: (1) Proximity of the parcel to the project. (2) Accessibility of the parcel to the […]

36-7-22-6. Hearing; Notice; Questions Heard

Sec. 6. (a) After receipt of a petition under section 4 of this chapter, the clerk of the municipality or the county auditor shall, in the manner provided by IC 5-3-1, publish notice of a hearing on the proposed economic improvement district. The clerk of the municipality or the county auditor shall mail a copy […]

36-7-22-7. Ordinance; Establishing District

Sec. 7. (a) After conducting a hearing on the proposed economic improvement district, the legislative body may adopt an ordinance establishing the economic improvement district if it determines that: (1) the petition meets the requirements of this section and sections 4 and 5 of this chapter; (2) the economic improvement projects to be undertaken in […]