Sec. 19. (a) This section applies only to: (1) bonds that are issued under section 17 of this chapter; or (2) leases entered into under section 17.1 of this chapter; that are payable from a special tax levied upon all of the property in the redevelopment district. This section does not apply to bonds or […]
Sec. 2. (a) The assessment, clearance, remediation, replanning, and redevelopment of areas needing redevelopment are public and governmental functions that cannot be accomplished through the ordinary operations of private enterprise, due to the necessity for the exercise of the power of eminent domain, the necessity for requiring the proper use of the land so as […]
Sec. 20. In addition to its authority under any other section of this chapter, the commission may plan and undertake urban renewal projects. For purposes of this chapter, an urban renewal project includes undertakings and activities for the elimination or the prevention of the development or spread of the conditions described in IC 36-7-1-3, and […]
Sec. 21. An urban renewal project undertaken under this chapter must be undertaken in accordance with an urban renewal plan for the area of the project. For purposes of this chapter, an urban renewal plan is a plan for an urban renewal project that: (1) conforms to the comprehensive plan for the county as a […]
Sec. 22. (a) In connection with the planning and undertaking of an urban renewal plan or urban renewal project, the commission and all public and private officers, agencies, and bodies have all the rights, powers, privileges, duties, and immunities that they have with respect to a redevelopment plan or redevelopment project, as if all of […]
Sec. 22.5. (a) Subject to the approval of the county fiscal body, the commission may acquire a parcel of real property by the exercise of eminent domain when the following conditions exist: (1) The real property meets at least one (1) of the conditions described in IC 32-24-4.5-7(1). (2) The real property is capable of […]
Sec. 23. (a) Any: (1) political subdivision; (2) other governmental entity; (3) public instrumentality created by state law; or (4) public body created by state law; may, in the area in which it is authorized to act, do all things necessary to aid and cooperate in the planning and undertaking of an urban renewal project, […]
Sec. 24. (a) Subject to the approval of the legislative body of the consolidated city, and in order to: (1) undertake survey and planning activities under this chapter; (2) undertake and carry out any redevelopment project, urban renewal project, economic development plan, or housing program; (3) pay principal and interest on any advances; (4) pay […]
Sec. 25. (a) Real property acquired by the redevelopment district is exempt from taxation while owned by the district. (b) All receipts of the department, including receipts from the sale of real property, personal property, and materials disposed of, are exempt from all taxes. (c) As used in this subsection, “year one” means any calendar […]
Sec. 26. (a) As used in this section: “Allocation area” means that part of a redevelopment project area to which an allocation provision of a resolution adopted under section 8 of this chapter refers for purposes of distribution and allocation of property taxes. “Base assessed value” means, subject to subsection (j), the following: (1) If […]
As added by P.L.193-1988, SEC.6. Repealed by P.L.146-2008, SEC.812.
Sec. 26.2. (a) As used in this section, “depreciable personal property” refers to all of the designated taxpayer’s depreciable personal property that is located in the allocation area. (b) As used in this section, “designated taxpayer” means a taxpayer designated by the commission in a declaratory resolution adopted or amended under section 8 or 10.5 […]
As added by P.L.2-1989, SEC.37. Amended by P.L.222-1991, SEC.1; P.L.1-1993, SEC.245; P.L.90-2002, SEC.480; P.L.192-2002(ss), SEC.181; P.L.1-2004, SEC.65 and P.L.23-2004, SEC.67; P.L.219-2007, SEC.129. Repealed by P.L.146-2008, SEC.813.
Sec. 26.6. The commission may enter into a written agreement with a taxpayer who owns, or is otherwise obligated to pay property taxes on, tangible property that is or will be located in an allocation area established under this chapter in which the taxpayer waives review of any assessment of the taxpayer’s tangible property that […]
As added by P.L.222-1991, SEC.2. Amended by P.L.90-2002, SEC.481. Repealed by P.L.146-2008, SEC.813.
As added by P.L.222-1991, SEC.3. Amended by P.L.90-2002, SEC.482; P.L.2-2006, SEC.192; P.L.224-2007, SEC.122. Repealed by P.L.146-2008, SEC.813.
Sec. 27. A person who knowingly: (1) applies any money raised under this chapter to any purpose other than those permitted by this chapter; or (2) fails to follow the voucher and warrant procedure prescribed by law in expending any money raised under this chapter; commits a Level 5 felony. As added by Acts 1982, […]
Sec. 28. (a) The planning, replanning, development, and redevelopment of economic development areas are public and governmental functions that cannot be accomplished through the ordinary operations of private enterprise due to: (1) the necessity for the exercise of the power of eminent domain; (2) the necessity for requiring the proper use of the land so […]
Sec. 29. (a) The commission may, by following the procedures set forth in sections 8, 9, and 10 of this chapter, approve a plan for and determine that a geographic area in the redevelopment district is an economic development area. Designation of an economic development area is subject to judicial review in the manner prescribed […]
Sec. 3. Except as provided in section 37 of this chapter, as used in this chapter: “Commission” refers to the metropolitan development commission acting as the redevelopment commission of the consolidated city, subject to IC 36-3-4-23. “Department” refers to the department of metropolitan development, subject to IC 36-3-4-23. As added by Acts 1982, P.L.77, SEC.8. […]
