Sec. 1. The following definitions apply throughout this chapter: (1) “District” refers to an entrepreneur and enterprise district designated by the executive of a qualified municipality under section 2(a) of this chapter. (2) “District board” refers to the board of directors of a district as specified in section 2(d) of this chapter. (3) “District business” […]
Sec. 2. (a) The executive of a qualified municipality may designate one (1) entrepreneur and enterprise district in the qualified municipality. (b) The territory of a district designated under subsection (a) may not exceed the greater of: (1) four (4) square miles; or (2) ten percent (10%) of the territory of the qualified municipality. (c) […]
Sec. 3. A district expires on the later of the following: (1) Five (5) years after the date on which it is designated as a district by the executive of the qualified municipality. (2) December 31, 2024. As added by P.L.238-2017, SEC.4. Amended by P.L.78-2021, SEC.1.
Sec. 4. (a) A district board has the following powers, in addition to other powers that are contained in this chapter: (1) To request the waiver of a municipal ordinance or regulation as provided in this chapter. (2) To adopt guidelines for the disqualification of a district business from eligibility for one (1) or more […]
Sec. 5. (a) For each state fiscal year beginning after June 30, 2019, until a district expires under section 3 of this chapter, if a district board applies for a grant under section 8(a)(3) of this chapter, the corporation shall, before September 1, make a determination on grants from the Indiana twenty-first century research and […]
Sec. 6. (a) Subject to subsection (c), a district business that claims any of the incentives available to district businesses shall, before June 1 of each year: (1) submit to the district board a verified summary concerning the amount of incentives claimed by the district business in the preceding year; (2) pay the amount specified […]
Sec. 7. (a) A district board shall do the following: (1) Coordinate development activities within the district. (2) Serve as a catalyst for development within the district. (3) Promote the district to outside groups and individuals. (4) Establish a formal line of communication with residents and businesses in the district. (5) Act as a liaison […]
Sec. 8. (a) A district board may do the following: (1) Initiate and coordinate any community development activities that improve the physical environment or encourage the turnover or retention of capital in the district. (2) Modify a district boundary or disqualify a district business from eligibility for one (1) or more incentives available to district […]
