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Terms Used In Indiana Code 36-7.5-6-2

  • blighted: means real property, including a building or structure on the real property, that is no longer in acceptable or beneficial condition to its community and has lost its value as a social good or economic commodity or its functional status as a livable space. See Indiana Code 36-7.5-6-1
  • fund: refers to the blighted property demolition fund established by section 4 of this chapter. See Indiana Code 36-7.5-6-2
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
   Sec. 2. As used in this chapter, “fund” refers to the blighted property demolition fund established by section 4 of this chapter.

As added by P.L.195-2023, SEC.6.