Indiana Code > Title 6 > Article 3.6 > Chapter 10 – Permitted Expenditures


§ 6-3.6-10-1	Scope of chapter
§ 6-3.6-10-2	Economic development purposes; use of revenue
§ 6-3.6-10-3	Issuance of bonds for economic development projects; minimum tax rate; procedures; covenant by the general assembly
§ 6-3.6-10-4	Lease of property for economic development projects; procedures; public hearing; findings; sale of leased facility under option to buy
§ 6-3.6-10-5	Issuance and sale of obligations of civil taxing unit or lessor
§ 6-3.6-10-6	Pledge of revenues; enforceability; covenant by the general assembly
§ 6-3.6-10-7	Regional venture capital fund; deposit of revenue allocated for economic development; uses of money from the fund; interlocal agreement; administration of the fund
§ 6-3.6-10-8	Local venture capital fund; deposit of revenue allocated for economic development; uses of money from the fund; administration of the fund

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Appraisal: A determination of property value.
Contract: A legal written agreement that becomes binding when signed.
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.
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}
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.
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.
Statute: A law passed by a legislature.