Sec. 2. (a) A library district may establish a capital projects fund.
(b) With respect to a facility used or to be used by the library district, the fund may be used to pay for the following:
(1) Planned construction, repair, replacement, or remodeling.
(2) Site acquisition.
(3) Site development.
(4) Repair, replacement, or site acquisition that is necessitated by an emergency.
(c) Money in the fund may be used to pay for the purchase, lease, or repair of equipment to be used by the library district.
(d) The fund may be used to pay for the purchase, lease, upgrading, maintenance, or repair of computer hardware or software.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-13-4.]
As added by P.L.1-2005, SEC.49.
Structure Indiana Code
Chapter 12. Library Capital Projects Fund
36-12-12-0.2. Application of Prior Statute
36-12-12-2. Capital Projects Fund
36-12-12-3. Plan of Revenues and Expenditures; Hearing; Notice
36-12-12-4. Approval or Rejection of Plan by Appropriate Fiscal Body; Hearing
36-12-12-5. Notice; Petition of Objection by Taxpayers
36-12-12-6. Notice and Hearing; Petition of Objection by Taxpayers
36-12-12-7. Department of Local Government Finance Action; Appeal
36-12-12-8. Appropriations; Conform to Plan
36-12-12-9. Amending Plan; Emergencies; Increasing Tax Rate and Borrowing Funds