§ 36-7.5-2-1 Establishment; purposes
§ 36-7.5-2-2 Power in eligible counties and eligible municipalities
§ 36-7.5-2-3 Development board; members
§ 36-7.5-2-4 Development board; terms of members; vacancy; oath; compensation
§ 36-7.5-2-5 Chair; officers
§ 36-7.5-2-6 Meetings; quorum; affirmative votes; proxies prohibited
§ 36-7.5-2-7 Bylaws and rules
§ 36-7.5-2-8 Public purchasing and public works project laws apply; alternatives; commuter transportation district exercise of development authority’s powers and duties
§ 36-7.5-2-9 Annual financial audit
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Terms Used In Indiana Code > Title 36 > Article 7.5 > Chapter 2 - Development Authority and Board

  • Contract: A legal written agreement that becomes binding when signed.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • 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
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Quorum: The number of legislators that must be present to do business.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5