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Home » US Law » 2022 Indiana Code » Title 16. Health » Article 22. County Hospitals » Chapter 6. County Hospital Building Authorities

16-22-6-29. Revenue Bonds; Authorization; Legal Investments; Sale

Sec. 29. (a) The governing board may issue revenue bonds of the authority to procure funds to pay the cost of a building to be built, acquired, renovated, or acquired and renovated under this chapter, and to repay advances for preliminary expenses made to the authority by the county. The bonds are payable solely from […]

16-22-6-3. Appointment of Directors; Terms

Sec. 3. (a) Not more than sixty (60) days after the filing of the certified copy of the resolution described under section 2 of this chapter, the county executive shall appoint five (5) residents of the county as directors of the county hospital building authority. (b) The initial terms of the members of the governing […]

16-22-6-30. Application of Bond Proceeds

Sec. 30. The proceeds of bonds issued under this chapter, after reimbursement to the county for preliminary expenses as provided in section 11 of this chapter, shall be applied to the payment of the costs of acquisition, construction, or renovation of the building for which the bonds are issued, including incidental expenses and interest before […]

16-22-6-31. Security for Bonds; Trust Indenture

Sec. 31. (a) The governing board may secure the bonds by a trust indenture between the authority and a corporate trustee, which may be any trust company or national or state bank in Indiana having trust powers. (b) The trust indenture may do the following: (1) Mortgage the land or building, or both, for which […]

16-22-6-32. Tax Levy

Sec. 32. (a) The county fiscal body of a county that has entered into a lease under this chapter shall annually levy a tax sufficient to produce, with other funds available, funds sufficient to pay the lease rental provided to be paid from taxes. (b) Net revenues of the hospital of which the leased building […]

16-22-6-33. Hospital Revenues as Source of Lease Rental Payments

Sec. 33. (a) If: (1) a county enters into a lease under this chapter, under which the lease rental is payable in whole or in part from the net revenues of the hospital of which the leased buildings are a part; and (2) the governing board of the hospital covenants in the lease to establish […]

16-22-6-34. Exemption From State Taxation

Sec. 34. The following are exempt from state taxation except for the financial institutions tax imposed under IC 6-5.5: (1) Property owned by the authority. (2) Revenues of the authority. (3) Bonds or other securities and the interest on bonds and securities issued by the authority. (4) Proceeds received by a holder from the sale […]

16-22-6-35. Audit of Funds; Officer and Employee Bonds; Records

Sec. 35. The state board of accounts may supervise and audit the funds of the authority. An officer or employee of the authority authorized to receive, disburse, or in any way handle funds or negotiable securities of the authority shall execute a bond payable to the state, with surety to consist of a surety or […]

16-22-6-36. Liquidation of Authority

Sec. 36. An authority may be liquidated after the authority’s securities are redeemed, debts are paid, and leases are terminated if the board of directors files a report with the circuit court, superior court, or probate court showing the facts and stating that the liquidation is in the best public interest. The court shall find […]

16-22-6-37. Building Additions; Funding

Sec. 37. (a) A county or the governing board of the hospital may remodel or construct an addition to a hospital building leased under this chapter. (b) To provide funds for that purpose, the county may issue general obligation bonds or appropriate money from the county’s general fund or other funds available for that purpose […]

16-22-6-38. Agreements

Sec. 38. A county and an authority that have entered into or propose to enter into a lease under this chapter may enter into a party wall agreement or other agreement concerning the attaching of an addition to a hospital building if the agreement is approved by the governing board of the hospital and recorded […]

16-22-6-39. Lease Approval of County Fiscal Body

Sec. 39. For the purposes of this chapter, county executive action or approval for the appropriation and expenditure of county tax money includes approval by the county fiscal body. A lease entered into by the county executive with the hospital building authority or association is not valid or binding on the county unless the lease […]

16-22-6-4. Vacancies

Sec. 4. If a member dies, resigns, ceases to be a resident of the county, or is removed as provided in this chapter, the county executive shall appoint another person as a member of the governing board for the remainder of the term. If a person appointed as a member fails to qualify not more […]

16-22-6-40. Compliance With Other Laws

Sec. 40. In proceeding under this chapter, it is not necessary to comply with any other law except as otherwise expressly provided in this chapter. [Pre-1993 Recodification Citation: 16-12-20-28.] As added by P.L.2-1993, SEC.5.

16-22-6-5. Director’s Oath of Office

Sec. 5. Each member, before entering office, shall take and subscribe an oath of office to be endorsed upon the certificate of appointment. The oath shall be filed with the clerk of the circuit court. [Pre-1993 Recodification Citation: 16-12-20-4.] As added by P.L.2-1993, SEC.5.

16-22-6-6. Removal of Director From Office

Sec. 6. (a) A member may be removed from office for neglect of duty, incompetency, inability to perform duties, or other good cause by an order of the circuit court, superior court, or probate court in the county in which the authority is located, subject to the procedure set forth in subsection (b). (b) A […]

16-22-6-7. Selection of Officers; Meetings; Quorum

Sec. 7. (a) The members originally appointed shall hold an organizational meeting not more than thirty (30) days after appointment, at a time and place designated by the county executive. The members of the governing board shall elect from among the members a president, vice president, secretary, and treasurer. The officers serve until the expiration […]

16-22-6-8. Bylaws, Rules, and Regulations

Sec. 8. The members may adopt bylaws, rules, and regulations necessary to conduct proceedings, carry out duties, and safeguard the funds and property of the authority. [Pre-1993 Recodification Citation: 16-12-20-6(b) part.] As added by P.L.2-1993, SEC.5.

16-22-6-9. Compensation and Reimbursement

Sec. 9. A member serves without pay but is entitled to reimbursement for expenses necessarily incurred in the performance of the member’s duties. [Pre-1993 Recodification Citation: 16-12-20-6(b) part.] As added by P.L.2-1993, SEC.5.