Indiana Code
Chapter 11. Gary Building Authority
36-10-11-28. Refunding Bonds; Redemption

Sec. 28. For the purposes of sections 25, 26, and 27 of this chapter, bonds are redeemed on the date selected for redemption if:
(1) the full amount necessary to effect complete redemption has been deposited in accordance with the trust indenture securing or resolution providing for the issuance of the bonds; and
(2) all action necessary to redeem the bonds has been taken so that the bonds are no longer considered outstanding under the trust indenture or resolution and are no longer payable from the income and revenues of the particular building, or buildings, financed from the proceeds of the bonds.
As added by Acts 1982, P.L.218, SEC.5.

Structure Indiana Code

Indiana Code

Title 36. Local Government

Article 10. Recreation, Culture, and Community Facilities

Chapter 11. Gary Building Authority

36-10-11-1. Application of Chapter

36-10-11-2. Definitions

36-10-11-3. Creation; Procedure; Issuance of General Obligation Bonds by City for Construction of Civic Center Prohibited

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

36-10-11-9. Trustees; Appointment of Board of Directors; Qualifications; Tenure; 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

36-10-11-13. Lease to Governmental Entity of Property Controlled by Authority; Sublease; Term; Renewal

36-10-11-14. Lease; Option to Purchase

36-10-11-15. Lease; Notice and Hearing; Authorization of Execution

36-10-11-16. Lease; Execution; Notice; Limitation on Annual Rental; Approval by Department of Local Government Finance; Transfer of Net Revenue

36-10-11-17. Lease; Objections; Petition; Certification to Department of Local Government Finance; Hearing; Determination

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

36-10-11-22. Loans; Procedure

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

36-10-11-30. Tax Exemption

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

36-10-11-37. Board of Managers; Conflicts of Interest