Indiana Code 8-15.5-2-8. “Public-private agreement”
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Terms Used In Indiana Code 8-15.5-2-8
- 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. 8. “Public-private agreement” means an agreement under this article between a private entity and the authority under which the private entity, acting on behalf of the authority (and, where applicable, a governmental entity) as lessee, licensee, or franchisee, will plan, design, acquire, construct, reconstruct, equip, improve, extend, expand, lease, operate, repair, manage, maintain, or finance a project.
As added by P.L.47-2006, SEC.39. Amended by P.L.205-2013, SEC.139; P.L.91-2014, SEC.20; P.L.213-2015, SEC.108.