Indiana Code § 5-1.2-5-14

Feasibility study; authority may borrow money or issue bonds for project
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Effective 7-1-2027.       Sec. 14. (a) The Indiana economic development corporation shall conduct a study on the feasibility of constructing, equipping, purchasing, leasing, renovating, refurbishing, or altering the Learning and Training Center located in Boone County.       (b) The authority may, after receiving the feasibility study required in subsection (a), undertake and complete a project for the construction, equipping, purchasing, leasing, renovation, refurbishing, or alteration of the Learning and Training Center located in Boone County, including, subject to subsection (c), the borrowing of money or the issuance and sale of bonds, or both.       (c) Before borrowing money or issuing bonds, the authority shall review the feasibility plan and cost estimate for the project and present the authority's findings to the budget committee.       (d) This section may not be construed to authorize any additional construction or issuance of additional bonds or other evidence of indebtedness other than that described in subsection (b).       (e) The authority may enter into a public-private agreement for the project.   IC 5-1.2-6 Chapter 6. Recreational Development Facilities and Park Projects               5-1.2-6-1 Recreational facilities and park projects; request; findings; authorization             5-1.2-6-2 Purposes             5-1.2-6-3 Applicability             5-1.2-6-4 Authority's exercise of powers an essential governmental function             5-1.2-6-5 Authority may acquire sites; make improvements; enter into use agreements; department of natural resources; approval required             5-1.2-6-6 Authority may lease property to the department of natural resources; lease terms             5-1.2-6-7 Public notice and bidding required for certain contracts             5-1.2-6-8 Authority may acquire interests in land from department of natural resources; park project requirements             5-1.2-6-9 Authority may acquire interest in land by appropriation; eminent domain; operation of park project             5-1.2-6-10 Use of park improvement agreements; terms             5-1.2-6-11 Payment of expenses             5-1.2-6-12 Appropriation of bond proceeds             5-1.2-6-13 Surcharge on admissions fees; commission rentals; boat registrations; launching fees; and mooring fees             5-1.2-6-14 Revolving fund             5-1.2-6-15 Control of property after termination of lease

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