Sec. 1. (a) The board of trustees of Purdue University may:

(1) declare all or any part of the Purdue University Airport and its facilities a public airport; and

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Terms Used In Indiana Code 21-31-7-1

  • Contract: A legal written agreement that becomes binding when signed.
  • 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
(2) authorize by contract, license, lease, or otherwise, public use of the airport and its facilities.

     (b) The board of trustees may determine the term and application of an agreement entered into under this section. This section does not apply to facilities required solely for educational or research activities at Purdue University.

[Pre-2007 Higher Education Recodification Citation: 20-12-50-1(a).]

As added by P.L.2-2007, SEC.272.