Indiana Code
Chapter 14.5. Redevelopment Authority
36-7-14.5-8. Composition of Board; Term of Office; Vacancy; Removal for Cause; Oath of Office; Compensation

Sec. 8. (a) The board is composed of three (3) members, who must be residents of the unit appointed by the executive of the unit.
(b) A member is entitled to serve a three (3) year term. A member may be reappointed to subsequent terms.
(c) If a vacancy occurs on the board, the executive of the unit shall fill the vacancy by appointing a new member for the remainder of the vacated term.
(d) A board member may be removed for cause by the executive of the unit.
(e) Each member, before entering upon the duties of office, must take and subscribe an oath of office under IC 5-4-1, which shall be endorsed upon the certificate of appointment and filed with the records of the board.
(f) A member may not receive a salary, and no profit or money of the authority inures to the benefit of a member.
As added by P.L.380-1987(ss), SEC.18.

Structure Indiana Code

Indiana Code

Title 36. Local Government

Article 7. Planning and Development

Chapter 14.5. Redevelopment Authority

36-7-14.5-1. Application of Chapter

36-7-14.5-2. "Authority" Defined

36-7-14.5-3. "Board" Defined

36-7-14.5-4. "Bonds" Defined

36-7-14.5-5. "Commission" Defined

36-7-14.5-6. "Local Public Improvement" Defined

36-7-14.5-7. Creation of Redevelopment Authority; Subject to Laws of General Nature

36-7-14.5-8. Composition of Board; Term of Office; Vacancy; Removal for Cause; Oath of Office; Compensation

36-7-14.5-9. Annual Meeting; Election of Officers; Special Meetings; Quorum; Reports

36-7-14.5-9.5. Electronic Meetings

36-7-14.5-10. Bylaws; Rules

36-7-14.5-11. Purposes of Authority; Prohibitions

36-7-14.5-12. Powers and Duties of Authority; Dissolution of Authority

36-7-14.5-12.3. Powers That May Be Exercised by County Executive

36-7-14.5-12.5. Economic Development Area in Counties With Military Base Closings; Powers; Allocation Areas; Distribution of Taxes

36-7-14.5-12.6. Authorization to Enter Into an Agreement With a Taxpayer for Waiver of Review of an Assessment of Property Taxes in an Allocation Area During the Term of Bonds or Lease Obligations Payable From Allocated Property Taxes

36-7-14.5-13. Refunding Bonds; Fiscal Body Approval

36-7-14.5-14. Lease of Local Public Improvements to Commission; Lease Provisions; Fiscal Body Approval

36-7-14.5-15. Legal Authority for Lease Agreements

36-7-14.5-16. Plans and Specifications for Local Public Improvements to Be Constructed; Approval by Commission

36-7-14.5-17. Easement or License Agreements Between Authority and Commission; Recordation

36-7-14.5-18. Lease or Sale of Property From Commission to Authority; Fiscal Body Approval

36-7-14.5-19. Bonds; Procedures; Legislative Body Approval; Use of Revenue

36-7-14.5-20. Authority for Issuance of Bonds; Legal Investment Status of Bonds

36-7-14.5-21. Trust Indenture Securing Bonds; Fiscal Body Approval

36-7-14.5-22. Issuance of Bonds; Option to Purchase Leased Property; Legislative Body Approval

36-7-14.5-23. Tax-Exempt Status of Authority Property and Bonds

36-7-14.5-24. Action Contesting Validity of Bonds