Indiana Code 36-7-40-12. Power of the board to finance projects
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Terms Used In Indiana Code 36-7-40-12
- board: refers to an economic enhancement district board established under section 5 of this chapter. See Indiana Code 36-7-40-2
- economic enhancement project: means the following:
Indiana Code 36-7-40-3
Sec. 12. Subject to section 13 of this chapter, after approval of the city fiscal body, the board may issue revenue bonds, whose term may not exceed the expiration date of the economic enhancement district ordinance under section 4 of this chapter, payable from special benefits assessment revenues or other revenues of the economic enhancement district to finance an economic enhancement project.
As added by P.L.201-2023, SEC.279. Amended by P.L.169-2024, SEC.6.