Sec. 3. A development authority may enter into an agreement with another development authority or any other entity to:

(1) jointly equip, own, lease, and finance projects and facilities; or

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Terms Used In Indiana Code 36-7.6-3-3

  • 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
(2) otherwise carry out the purposes of the development authority;

in any location.

As added by P.L.232-2007, SEC.7.