Indiana Code 20-25.7-5-3. Authority of school corporation; transportation; maintenance and repair; transfer of school corporation facility; contracts for goods or services; terms
(1) the school corporation may provide transportation for students attending the participating innovation network charter school;
Terms Used In Indiana Code 20-25.7-5-3
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(3) the school corporation may enter into an agreement to transfer the ownership of a school corporation facility to the organizer; and
(4) the school corporation may not alter the use of the facility occupied by the participating innovation network charter school without agreement from the organizer.
(b) If an organizer contracts with a school corporation for goods or services, the school corporation may not charge the organizer more for the goods or services than the school corporation pays for the goods or services. A school corporation may not require an organizer to contract for specific goods or services provided by the school corporation or any other entity.
(c) A school corporation and an organizer may negotiate to require specific services with regard to a participating innovation network charter school during the term of an agreement. However, an organizer must be able to select the service provider for the services.
(d) For as long as a charter school remains a participating innovation network charter school, the school corporation may distribute money levied as property taxes to the charter school. Property taxes distributed to a charter school must be used only for a purpose for which the property taxes could have been used by the school corporation. Property taxes distributed under this subsection may supplement services and property provided under subsection (a) or (b). The parties may jointly modify an agreement described in section 2 of this chapter to implement this subsection.
(e) An agreement concerning the transfer of ownership of a school corporation facility described in subsection (a) is not subject to IC 20-26-7.1.
(f) Unless an agreement entered into before July 1, 2024, between a board and an organizer provides otherwise, a school corporation may not charge an organizer an amount for goods and services that is greater than the amount of the operations fund property tax levy the organizer receives under IC 20-46-8-11.2 for the participating innovation network charter school.
As added by P.L.214-2015, SEC.2. Amended by P.L.246-2023, SEC.32; P.L.162-2024, SEC.10.