Sec. 6. (a) The
department shall provide, at no cost to the
society, a site acceptable to the society for the construction of the building by the society.
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Terms Used In Indiana Code 4-13-12.1-6
- department: refers to the Indiana department of administration created by IC 4-13-1-2. See Indiana Code 4-13-12.1-2
- exterior improvements: includes access roads, landscaping, lighting, parking facilities, and walkways. See Indiana Code 4-13-12.1-3
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- society: refers to the Indiana historical society established under IC 23-6-3. See Indiana Code 4-13-12.1-4
(b) The department may, alone, with the Indiana finance authority, the Indiana White River state park development commission, or any other entity do the following in relation to the construction of the building by the society:
(1) Acquire a site by purchase, lease, or other appropriate method.
(2) Provide related exterior improvements for the building.
(c) Notwithstanding the term limitation for a lease under IC 4-20.5-5-7, the department may enter into a lease under subsection (b) for a term of not more than ninety-nine (99) years.
As added by P.L.22-1992, SEC.1. Amended by P.L.7-1993, SEC.6; P.L.235-2005, SEC.54.