Sec. 25. The authority shall not issue bonds in a principal amount exceeding five hundred million dollars ($500,000,000) to finance any capital improvement in Marion County unless: (1) on or before June 30, 2005, the county fiscal body: (A) increases the rate of the tax authorized by IC 6-6-9.7 by the maximum amount authorized by […]
Sec. 26. (a) Notwithstanding any other law, any capital improvement that may be leased by the authority to a capital improvement board under this chapter may also be leased by the authority to any state agency to accomplish the purposes of this chapter. Any lease between the authority and a state agency under this chapter: […]
Sec. 27. In order to enable the authority to lease a capital improvement or existing facility to a state agency under section 26 of this chapter, the governor may convey, transfer, or sell, with or without consideration, real property (including the buildings, structures, and improvements), title to which is held in the name of the […]
Sec. 28. If the authority enters into a lease with a capital improvement board under section 13 of this chapter or a state agency under section 26 of this chapter, which then enters into a sublease with a capital improvement board under section 26(b) of this chapter, and the rental payments owed by the capital […]
Sec. 3. As used in this chapter, “bonds” means bonds, notes, commercial paper, or other evidences of indebtedness. The term includes obligations (as defined in IC 8-9.5-9-3) and swap agreements (as defined in IC 8-9.5-9-4). As added by P.L.214-2005, SEC.6.
Sec. 4. As used in this chapter, “capital improvement board” refers to a capital improvement board of managers created by IC 36-10-8 or IC 36-10-9. As added by P.L.214-2005, SEC.6.
Sec. 5. As used in this chapter, “state agency” has the meaning set forth in IC 5-1.2-2. As added by P.L.214-2005, SEC.6. Amended by P.L.189-2018, SEC.21.
Sec. 6. An Indiana stadium and convention building authority is created in Indiana as a separate body corporate and politic as an instrumentality of the state to acquire, construct, equip, own, lease, and finance facilities for lease to or for the benefit of a capital improvement board. As added by P.L.214-2005, SEC.6.
Sec. 7. (a) The board is composed of the following seven (7) members, who must be residents of Indiana: (1) Four (4) members appointed by the governor. The president pro tempore of the senate and the speaker of the house of representatives may each make one (1) recommendation to the governor concerning the appointment of […]
Sec. 8. (a) The board shall hold an initial organizational meeting on or before June 30, 2005. Immediately after January 15 of each year, the board shall hold its annual organizational meeting. (b) The governor shall appoint a member of the board to serve as chair of the board. (c) The board shall elect one […]
Sec. 9. (a) The board may adopt the bylaws and rules it considers necessary for the proper conduct of its duties and the safeguarding of the funds and property entrusted to its care. (b) The board shall, without complying with IC 4-22-2, adopt the code of ethics in executive order 05-12 for its members and […]
Sec. 9.5. The: (1) members of the authority; (2) officers and employees of the authority; and (3) executive director; executing bonds, leases, obligations, or other agreements under this chapter are not subject to personal liability or accountability by reason of any act authorized by this chapter. As added by P.L.120-2006, SEC.1.
