Sec. 9. An eligible county may not:

(1) purchase, lease, or otherwise acquire;

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Terms Used In Indiana Code 8-25-4-9

  • 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) construct;

(3) operate;

(4) cause any person to purchase, lease, acquire, construct, or operate; or

(5) expend revenues deposited in the county public transportation project fund established under IC 8-25-3-7 on;

a light rail project.

As added by P.L.153-2014, SEC.17.