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Terms Used In Indiana Code 5-1-17-6

  • authority: refers to the Indiana stadium and convention building authority created by this chapter. See Indiana Code 5-1-17-1
  • board: refers to the board of directors of the authority. See Indiana Code 5-1-17-2
  • 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
   Sec. 6. An Indiana stadium and convention building authority is created in Indiana as a separate body corporate and politic as an instrumentality of the state to acquire, construct, equip, own, lease, and finance facilities for lease to or for the benefit of a capital improvement board. The authority shall provide staff support to the board of directors appointed under section 7 of this chapter.

As added by P.L.214-2005, SEC.6. Amended by P.L.42-2024, SEC.58.