Indiana Code
Chapter 9. Marion County Capital Improvement Board
36-10-9-7. Procurement of Materials and Work; Emergency Procedure; Title to or Interest in Property

Sec. 7. (a) The purchase or lease of material and work on a capital improvement shall be done by the board under statutes governing these activities by counties. However, if the total cost of construction or equipping of a capital improvement or of the alteration, maintenance, or repair of any building is estimated to be fifty thousand dollars ($50,000) or less, the board may procure materials and perform the work by its own employees and with owned or leased equipment without awarding a contract. In addition, in an emergency determined and declared by the board and entered in its records, the board may make emergency alterations, repairs, or replacements and contract for them without advertising for bids.
(b) Title to or interest in any property acquired shall be held in the name of the county, and the board has complete and exclusive authority to sell, lease, or dispose of it and to execute all conveyances, leases, contracts, and other instruments in connection with it. However, real property may not be sold without the approval of the executive of the consolidated city.
As added by Acts 1982, P.L.77, SEC.28.

Structure Indiana Code

Indiana Code

Title 36. Local Government

Article 10. Recreation, Culture, and Community Facilities

Chapter 9. Marion County Capital Improvement Board

36-10-9-1. Application of Chapter

36-10-9-2. Definitions

36-10-9-3. Creation of County Board of Managers; Powers of County

36-10-9-4. County Board of Managers; Membership; Terms; Vacancies; Oath of Office; Compensation

36-10-9-5. County Board of Managers; Organizational Meetings

36-10-9-6. County Board of Managers; Powers and Duties as Capital Improvement Board of Managers

36-10-9-6.5. Prohibition on Certain Contract Limitations for a Project

36-10-9-7. Procurement of Materials and Work; Emergency Procedure; Title to or Interest in Property

36-10-9-8. Annual Budget; Capital Improvement; Issuance of Bonds

36-10-9-8.1. Long Range Financial Plan

36-10-9-9. Treasurer; Controller; Duties; Board of Accounts Audits

36-10-9-10. Capital Improvement Fund

36-10-9-11. Capital Improvement Bond Fund

36-10-9-11.1. Defeased Bonds; Use of Funds in Capital Improvement Bond Fund and Capital Improvement Fund

36-10-9-12. Revenue Bonds

36-10-9-13. Revenue Bonds; Trust Agreement; Resolution; Operating Expenses

36-10-9-14. Tax Covenant With Bond Purchasers

36-10-9-15. General Obligation Bonds

36-10-9-16. Bond Revenue; Use

36-10-9-17. Rights of Holders of Notes or Bonds

36-10-9-18. Tax Exemptions

36-10-9-19. Contracts of Board, State, and Political Subdivisions

36-10-9-20. State Appropriation

36-10-9-21. Borrowing in Anticipation of Funds

36-10-9-22. Defense and Indemnity of Officers and Employees in Legal Actions