Sec. 8. (a) A district board may do the following:

(1) Initiate and coordinate any community development activities that improve the physical environment or encourage the turnover or retention of capital in the district.

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Terms Used In Indiana Code 5-28-15.5-8

  • 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.
(2) Modify a district boundary or disqualify a district business from eligibility for one (1) or more incentives available to district businesses.

(3) Apply to the corporation for a grant under section 5 of this chapter.

     (b) The district board may request, by majority vote, that the legislative body of the municipality in which the district is located modify or waive any municipal ordinance or regulation that is in effect in the district. The legislative body may, by ordinance, waive or modify the operation of the ordinance or regulation, if the ordinance or regulation does not affect health (including environmental health), safety, civil rights, or employment rights.

As added by P.L.238-2017, SEC.4.