36-9-13-39. Procedure for Awarding Contracts
Sec. 39. (a) All contracts let by a building authority for the construction and equipment of a government building must be let in accordance with the general statutes concerning public contracts. (b) All contracts let by a building authority for the acquisition of a system may be entered into in accordance with the general statutes […]
36-9-13-24. Leases; Options to Renew
Sec. 24. A lease under section 23 of this chapter may provide the eligible entity that is the lessee with an option to renew the lease for the same term or a shorter term, on the conditions provided in the lease. [Pre-Local Government Recodification Citation: 19-8-4-13 part.] As added by Acts 1981, P.L.309, SEC.86.
36-9-13-25. Leases; Options to Purchase; Authorization of Bond Issue to Pay Purchase Price
Sec. 25. (a) A lease under section 23 of this chapter may give one (1) or more of the lessees acting jointly or severally an option to purchase before the expiration of the term of the lease: (1) on the date or dates in each year that are fixed by the lease; and (2) at […]
36-9-13-26. Construction or Purchase of Building or Acquisition of System to Be Leased; Submission of Plans and Specifications
Sec. 26. (a) A building authority proposing to build or purchase and remodel a government building for lease to an eligible entity must submit the plans, specifications, and estimates for the building or remodeling to the lessee or lessees before the execution of the lease. The plans and specifications must also be submitted to the […]
36-9-13-27. Leases; Notice and Hearing; Execution
Sec. 27. (a) When a building authority and an eligible entity have agreed upon the terms and conditions of a proposed lease under section 23 of this chapter, a notice of a public hearing to be held in the county by the governing body of the eligible entity shall be given by publication to all […]
36-9-13-28. Leases; Notice of Approval; Objections by Taxpayers; Petitions; Notice and Hearing; Limitations on Actions and Appeals
Sec. 28. (a) If the terms and conditions of a proposed lease are approved under section 27 of this chapter, notice of the approval of the lease shall be given on behalf of the eligible entity by publication in accordance with IC 5-3-1. Ten (10) or more taxpayers in the eligible entity: (1) whose tax […]
36-9-13-29. Sale or Lease of Land or Government Building by Eligible Entity to Authority; Authorization; Procedure
Sec. 29. (a) An eligible entity that wants to have all or part of a government building constructed, reconstructed, or renovated on land owned or to be acquired by it may: (1) sell that land or building to a building authority; or (2) lease the land or building to the authority for the same period […]
36-9-13-30. Revenue Bonds
Sec. 30. (a) For the purpose of obtaining money to pay the cost of: (1) acquiring or constructing government buildings; (2) acquiring land; (3) acquiring systems; (4) improving, reconstructing, or renovating government buildings, systems, or land; (5) repaying any advances for preliminary expenses made to the building authority by an eligible entity; (6) purchasing plans, […]
36-9-13-31. Loans
Sec. 31. (a) In lieu of authorizing and selling bonds under section 30 of this chapter, the board of directors of a building authority may adopt a resolution authorizing the negotiation of a loan or loans for the purpose of obtaining the required money. (b) The resolution authorizing the loan must set out: (1) the […]
36-9-13-32. Trust Indentures Securing Bonds or Loans
Sec. 32. (a) The board of directors of a building authority may secure bonds issued under section 30 of this chapter or loans made under section 31 of this chapter by a trust indenture between the authority and a corporate trustee, which may be any trust company or national or state bank within Indiana that […]