§ 15-13-10-1 “Cost of project”
§ 15-13-10-2 “Project”
§ 15-13-10-3 Bond purposes; form; duration; sale
§ 15-13-10-4 Use of bond proceeds; replacement
§ 15-13-10-5 Security for bonds; pledge and assignment; trust agreements
§ 15-13-10-6 Investment and use of funds
§ 15-13-10-7 Bondholder rights; enforcement
§ 15-13-10-8 Bonds; not a state or political subdivision obligation
§ 15-13-10-9 Bonds; legal investment
§ 15-13-10-10 Exemption of interest from taxes
§ 15-13-10-11 “Lessor”; leases
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Terms Used In Indiana Code > Title 15 > Article 13 > Chapter 10 - Revenue Bonds

  • Appraisal: A determination of property value.
  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • cost of a project: includes the following:

    Indiana Code 15-13-10-1

  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • 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
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • project: means any of the following concerning property at the fairgrounds:

    Indiana Code 15-13-10-2

  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.
  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5