36-7.6-2-1. Establishment of Development Authorities
Sec. 1. The provisions of section 3 of this chapter govern the establishment of a development authority. As added by P.L.232-2007, SEC.7. Amended by P.L.178-2015, SEC.8.
36-7.6-2-10. Officers
Sec. 10. (a) In January of each year, a development board shall hold an organizational meeting at which the development board shall elect the following officers from the members of the development board: (1) A chair. (2) A vice chair. (3) A secretary-treasurer. (b) The affirmative vote of at least a majority of the appointed […]
36-7.6-2-11. Quarterly Meetings; Calling Meetings; Quorum; Authorization of Action
Sec. 11. (a) A development authority is a public agency for purposes of IC 5-14-1.5 and IC 5-14-3. A development board is a governing body for purposes of IC 5-14-1.5. (b) A development board shall meet at least quarterly. (c) The chair of a development board or any two (2) members of a development board […]
36-7.6-2-12. Bylaws and Rules
Sec. 12. A development board shall adopt the bylaws and rules that the development board considers necessary for the proper conduct of the development board’s duties and the safeguarding of the development authority’s funds and property. As added by P.L.232-2007, SEC.7. Amended by P.L.178-2015, SEC.17.
36-7.6-2-13. Public Purchasing and Public Works Project Laws Apply
Sec. 13. (a) A development authority shall comply with IC 5-22 (public purchasing), IC 36-1-12 (public work projects), and any applicable federal bidding statutes and regulations. An eligible political subdivision that receives a loan, a grant, or other financial assistance from a development authority or enters into a lease with a development authority must comply […]
36-7.6-2-14. Annual Financial Audit
Sec. 14. (a) The state board of accounts shall, pursuant to IC 5-11-1-7 and IC 5-11-1-24, allow each development authority to contract with a certified public accountant for an annual financial audit of the development authority. The certified public accountant may not have a significant financial interest in a project, facility, or service funded by […]
36-7.6-2-15. Local Advisory Committees
Sec. 15. Each county or municipality that is member of a development authority may appoint a local advisory committee to advise the county or municipality on issues related to the development authority. As added by P.L.232-2007, SEC.7.
36-7.6-2-2. Body Corporate and Politic; Development Authority Activities
Sec. 2. A development authority established under this chapter is a separate body corporate and politic that shall carry out the purposes of this article by: (1) acquiring, constructing, equipping, owning, leasing, and financing projects and facilities for lease to or for the benefit of eligible political subdivisions under this article; and (2) funding and […]
36-7.6-2-3. Units That May Establish a Development Authority; Requirements
Sec. 3. (a) A development authority may be established by any of the following: (1) One (1) or more counties and one (1) or more adjacent counties. (2) One (1) or more counties and one (1) or more qualified cities in adjacent counties. (3) One (1) or more qualified cities and one (1) or more […]
36-7.6-2-4. Joining an Existing Development Authority
Sec. 4. (a) A county that: (1) is not a member of a development authority; and (2) is adjacent to a county that: (A) is a member of a development authority; or (B) contains a member of a development authority; may join that development authority under this article. (b) A qualified city or a third […]
36-7.6-2-5. Minimum Length of Participation; Withdrawal
Sec. 5. (a) This section applies to a county, qualified city, third class city, or town authorized to establish or join a development authority under this article. (b) A county, qualified city, third class city, or town described in subsection (a) shall be a member of the development authority for at least eight (8) years […]
36-7.6-2-6. Liability for Unpaid Transfers After Withdrawal
Sec. 6. A county or municipality that withdraws from a development authority under section 5 of this chapter is liable to the development authority for any unpaid transfers under: (1) IC 36-7.6-4-2; or (2) an agreement between the members of the development authority and the development board; that become due before the withdrawal of the […]
36-7.6-2-7. Development Board; Members
Sec. 7. (a) A development authority is governed by a development board appointed under this section. (b) A development board is composed of five (5) members appointed by written agreement of the executives of the members of the development authority. (c) A member appointed to the development board: (1) may not be an elected official […]
36-7.6-2-8. Repealed
As added by P.L.232-2007, SEC.7. Repealed by P.L.178-2015, SEC.15.
36-7.6-2-9. Terms; Reappointment; Oath; per Diem
Sec. 9. (a) A member appointed to a development board serves a four (4) year term. A member may be reappointed to subsequent terms. (b) A member of a development board may only be removed from the development board before the expiration of the four (4) year term by written agreement of at least three-fourths […]