Sec. 17. (a) Ten (10) or more taxpayers whose tax rate will be affected by the lease may file a petition in the office of the county auditor within thirty (30) days after publication of notice of the execution of the lease. The petition must set forth their objections and the facts showing
(1) that the lease is unnecessary or unwise; or
(2) that the lease rental is not fair and reasonable.
(b) Upon the filing of a petition, the county auditor shall certify a copy, together with other data that is necessary in order to present the questions involved, to the department of local government finance. Upon receipt of a certified petition and information, the department of local government finance shall set a time for the hearing of the matter. The hearing shall be held at least five (5) but not more than fifteen (15) days after receipt of the petition by the department of local government finance. The department of local government finance may either hold the hearing in the affected county or through electronic means. Notice of the hearing shall be given by the department of local government finance to the governmental entity and to the first ten (10) petitioners at least five (5) days before the date of the hearing. The hearing shall determine the necessity of the lease and whether the lease rental is fair and reasonable.
As added by Acts 1982, P.L.218, SEC.5. Amended by P.L.90-2002, SEC.526; P.L.38-2021, SEC.109.
Structure Indiana Code
Article 10. Recreation, Culture, and Community Facilities
Chapter 11. Gary Building Authority
36-10-11-1. Application of Chapter
36-10-11-4. Trustees; Appointment; Terms; Vacancies; Oath
36-10-11-5. Trustees; Removal; Procedure
36-10-11-6. Trustees; Meetings; Selection of Directors and Officers
36-10-11-7. Trustees; Rules; Reimbursement of Expenses
36-10-11-8. Trustees; Conflicts of Interest
36-10-11-10. Board of Directors; Meetings; Officers; Bylaws; Quorum; Approval of Actions
36-10-11-11. Preliminary Expenses; Payment; Reimbursement
36-10-11-12. Board of Directors; Powers
36-10-11-14. Lease; Option to Purchase
36-10-11-15. Lease; Notice and Hearing; Authorization of Execution
36-10-11-18. Lease; Actions to Contest Validity or Enjoin Performance; Limitation
36-10-11-19. Sale or Lease of Land by Governmental Entity to Authority
36-10-11-20. Revenue Bonds; Issuance; Resolution
36-10-11-21. Bonds; Execution and Sale
36-10-11-23. Application of Bond and Loan Proceeds; Lien
36-10-11-24. Bonds or Loans; Trust Indenture
36-10-11-25. Refunding Revenue Bonds; Issuance
36-10-11-26. Refunding Bonds; Application of Proceeds
36-10-11-27. Refunding Bonds; Authority to Amend Lease
36-10-11-28. Refunding Bonds; Redemption
36-10-11-29. Governmental Entity; Tax Levy to Pay Lease Rental
36-10-11-31. Handling of Funds; Audit; Contract Requirements; Surety Bonds of Employees
36-10-11-32. Civil Actions Against Authority; Venue
36-10-11-33. Civic Center Board of Managers; Creation; Organization
36-10-11-34. Board of Managers; Powers
36-10-11-35. Board of Managers; Preparation and Review of Annual Budget; Approval of Expenditures
36-10-11-36. Board of Managers; Controller and Assistant Controller; Duties