Indiana Code
Chapter 1. Community Centers; General Provisions
12-29-1-6. Center Building the Property of County or Counties Issuing Bonds; Tax Limitations in Ic 12-29-1-1 and Ic 12-29-1-2 Not Applicable

Sec. 6. If bonds are issued under this chapter:
(1) the building that is constructed, equipped, or improved with proceeds of the bonds is:
(A) the property of the county issuing the bonds; or
(B) the joint property of the counties involved if the bonds are issued by at least two (2) counties; and
(2) the tax limitations in sections 1 and 2 of this chapter do not apply to the levy of taxes to pay the bonds and the interest on the bonds.
[Pre-1992 Revision Citation: 16-16-1-5 part.]
As added by P.L.2-1992, SEC.23.

Structure Indiana Code