Sec. 3. Any qualified entity may prepare and submit to the redevelopment commission of a municipality a redevelopment plan for a project area adjacent to or in the immediate vicinity of: (1) the location of: (A) the principal buildings of a nonprofit college or university; or (B) a major branch of a nonprofit college or university where teaching or research is done or where students or faculty live; and (2) the area of a redevelopment or urban renewal project that has been or is being undertaken by the redevelopment commission having jurisdiction over the territory in which the project area is located. [Pre-2007 Higher Education Recodification Citation: 20-12-15-2 part.]
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