36-9-13-33. Proceeds; Application; Liens
Sec. 33. (a) The proceeds of any bonds issued under section 30 of this chapter or of any loans made under section 31 of this chapter shall first be applied to the reimbursement of all amounts advanced for preliminary expenses under section 21 of this chapter. The proceeds shall then be applied solely to the […]
36-9-13-34. Tax Levy to Pay Lease Rentals
Sec. 34. (a) Except as provided by subsection (d), an eligible entity that executes a lease under this chapter shall annually levy a tax sufficient to produce each year the necessary money with which to pay the lease rental required by the lease. These levies may be reviewed by other bodies vested by law with […]
36-9-13-5. Procedure for Establishment of Authority; Notice and Hearing
Sec. 5. (a) Whenever the county auditor receives a notice that: (1) is signed by the presiding officers of the county executive, the county fiscal body, and the municipal fiscal body of the county seat; (2) states that those bodies have agreed to hold a public hearing on and consider the creation of a county […]
36-9-13-20. Trustees and Directors; Conflicts of Interest
Sec. 20. A trustee or director may not have any pecuniary interest in any contract, employment, purchase, or sale made under this chapter. Any such transaction in which a trustee or director has a pecuniary interest is void. [Pre-Local Government Recodification Citation: 19-8-4-7.] As added by Acts 1981, P.L.309, SEC.86.
36-9-13-6. Trustees; Appointment; Terms of Office; Oaths
Sec. 6. (a) Within sixty (60) days after the adoption of the concurrent resolution under section 5 of this chapter, a board of building authority trustees shall be appointed. The board consists of five (5) trustees who are appointed in the following manner and for the following initial terms: (1) One (1) appointed by the […]
36-9-13-6.5. Withdrawal of Municipal County Seat From County Building Authority
Sec. 6.5. (a) Notwithstanding section 6 of this chapter, the municipal county seat may withdraw from the building authority under this section. (b) To withdraw from the building authority, the fiscal body of the municipality must do the following: (1) Adopt a resolution that states all of the following: (A) That the municipality withdraws from […]
36-9-13-7. Trustees; Appointment of Successors
Sec. 7. (a) As the term of a trustee expires, the trustee’s successor shall be appointed by the same appointing authority, for a term of four (4) years. (b) A trustee holds over after the expiration of the trustee’s term until the trustee’s successor is appointed and qualified. [Pre-Local Government Recodification Citation: 19-8-4-3 part.] As […]
36-9-13-8. Trustees; Failure to Qualify; Vacancies
Sec. 8. If a person appointed as a trustee: (1) fails to qualify within ten (10) days after notice of the trustee’s appointment is mailed to the trustee; or (2) qualifies but then dies, resigns, vacates the trustee’s office because the trustee is no longer a resident of the county, or is removed from office […]
36-9-13-9. Trustees; Meetings to Elect Officers and Appoint Board of Directors
Sec. 9. (a) The first trustees of the building authority shall, within thirty (30) days after their appointment, meet at a time and place designated by the circuit court for the county for the purpose of electing officers. The trustees shall elect from among themselves a president, a vice president, and a secretary. Each of […]
36-9-13-10. Trustees; Adoption of Rules; Records; Additional Meetings
Sec. 10. (a) The trustees may adopt rules and bylaws governing their procedure. (b) The proceedings of the trustees shall be recorded in a book provided for that purpose. (c) In addition to their meetings under section 9 of this chapter, the trustees may hold regular and special meetings as often as is necessary to […]