Sec. 9. (a) For the purpose of raising money to pay waste management district bonds issued under this chapter or IC 13-9.5-9-3 (before its repeal), the board shall levy each year a special tax upon all the real property of the district in the amount and the manner necessary to meet and pay the following:
(1) The principal of the waste management district bonds as the bonds severally mature.
(2) All accruing interest on the bonds.
(b) The tax constitutes the amount of benefits resulting to all of the property in the district.
[Pre-1996 Recodification Citation: 13-9.5-9-3(h).]
As added by P.L.1-1996, SEC.11.
Structure Indiana Code
Article 21. Solid Waste Management Districts
Chapter 7. Financing: Waste Management District Bonds
13-21-7-1. Special Taxing Districts
13-21-7-2. Waste Management District Bonds; Bidding Requirements for Facility
13-21-7-3. Resolution to Construct, Modify, Acquire, or Maintain Facility; Public Notice
13-21-7-4. Hearing; Remonstrance; Final Action
13-21-7-6. Certified Copy of Resolution and Approval to Controller
13-21-7-7. Waste Management District Bonds Not Corporate Obligation or Unit Indebtedness
13-21-7-8. Proceeds From Sale of Bonds; Use of Funds
13-21-7-9. Special Tax on Real Property
13-21-7-10. Certification of Tax Levy; Distribution of Tax
13-21-7-11. Factors to Consider in Determining Amount of Tax Levy
13-21-7-12. Issuance of Waste Management District Bonds Under Certain Circumstances