8-25-6-1. Applicability
Sec. 1. This chapter applies to a township located in an eligible county. As added by P.L.153-2014, SEC.17.
8-25-6-2. Prerequisites for Township Opt-In
Sec. 2. (a) This subsection does not apply to townships located in Hendricks County. If: (1) the fiscal body of the county in which a township is located does not adopt an ordinance under IC 8-25-2-1; and (2) the township is adjacent to: (A) an eligible county in which: (i) a public transportation project has […]
8-25-6-3. Township Fiscal Body Resolution Requirements
Sec. 3. If the fiscal body of a township adopts a resolution under section 2 of this chapter, the township trustee shall certify a copy of the resolution to the department of local government finance, including the language for the question required by IC 8-25-2-3. The township trustee may modify the proposed local question as […]
8-25-5-3. Bond Issues; Purposes; Notice and Hearing
Sec. 3. (a) Upon request of the county executive, the county fiscal body may borrow money and issue bonds in the name of the county in principal amounts and maturities as the fiscal body determines necessary to provide sufficient funds for the purposes specified in this article, including: (1) the payment of costs of the […]
8-25-6-4. Model Local Public Question
Sec. 4. If the county election board of an eligible county receives from a township trustee a certified copy of the resolution adopted under section 2 of this chapter and the approved language for the local public question, the county election board shall place the following question on the election ballot in accordance with IC […]
8-25-5-4. Ordinance Authorizing Bonds; Method of Sale; Price
Sec. 4. (a) The bonds must be authorized by ordinance of the fiscal body. The ordinance must provide the following with respect to the bonds: (1) The original date of the bonds. (2) The time or times that the bonds mature. However, a bond may not mature more than twenty (20) years after the date […]
8-25-6-5. Local Public Question at General Election
Sec. 5. If a township trustee certifies a resolution under section 3 of this chapter, the county election board shall place the local public question on the ballot at the next general election for which the question may be certified under IC 3-10-9-3 and for which all voters of the township are entitled to vote. […]
8-25-5-5. Optional Provisions of Ordinance
Sec. 5. An ordinance authorizing the issuance of bonds under this chapter or trust indenture under which the bonds are issued may contain the following provisions: (1) Pledging revenues of the county to secure the payment of the bonds, subject to section 6 of this chapter and existing agreements with bondholders. (2) Setting aside reserves […]
8-25-6-6. Certification of Election Returns
Sec. 6. After an election on the local public question, the circuit court clerk of the eligible county in which the township is located shall: (1) make a certified copy of the election returns; and (2) not later than five (5) days after the election, file the copy with: (A) the department of state revenue; […]
8-25-5-6. Pledges of Revenues, Covenants
Sec. 6. (a) Except as provided in subsection (b), the county fiscal body may pledge revenues for the payment of principal and interest on the bonds and for other purposes under the ordinance as provided by IC 5-1-14-4, including revenues from the local income tax in Delaware County, Hamilton County, Hancock County, Hendricks County, Johnson […]