Sec. 16. (a) For the purpose of raising money to carry out this chapter or IC 36-7-15.3, the city-county legislative body may levy each year a special tax upon all property in the redevelopment district. The tax so levied each year shall be certified to the fiscal officers of the city and the county before November 1 of each year. The tax shall be estimated and entered upon the tax duplicates by the county auditor, and shall be collected and enforced by the county treasurer in the same manner as state and county taxes are estimated, entered, collected, and enforced.
(b) As the tax is collected by the county treasurer, it shall be accumulated and kept in a separate fund to be known as the redevelopment district fund and shall be expended and applied only for the purposes of this chapter or IC 36-7-15.3.
(c) The amount of the special tax levy shall be based on the budget of the department but may not exceed one and sixty-seven hundredths cents ($0.0167) on each one hundred dollars ($100) of taxable valuation in the redevelopment district, except as otherwise provided in this chapter.
(d) The budgets and tax levies under this chapter are subject to review and modification in the manner prescribed by IC 36-3-6.
As added by Acts 1982, P.L.77, SEC.8. Amended by P.L.84-1987, SEC.7; P.L.2-1989, SEC.32; P.L.6-1997, SEC.211; P.L.146-2008, SEC.750; P.L.137-2012, SEC.120.
Structure Indiana Code
Article 7. Planning and Development
Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment
36-7-15.1-1. Application of Chapter
36-7-15.1-2. Declaration of Policy
36-7-15.1-4. Redevelopment District Constituting Special Taxing District
36-7-15.1-4.2. Redevelopment Commission and Department Subject to Open Government Laws
36-7-15.1-4.3. Prohibition Regarding Single Family Residential Property
36-7-15.1-5. Pecuniary Interests of Commissioners and Nonvoting Advisers
36-7-15.1-6. Duties of Commission
36-7-15.1-7. Powers of Commission
36-7-15.1-8. Assembly of Data; Adoption of Resolution; Amendment of Resolution or Plan
36-7-15.1-11. Remonstrance; Appeal
36-7-15.1-12. Acquisition of Real Property by Commission; Legislative Body Approval
36-7-15.1-13. Eminent Domain; Approval by City-County Legislative Body
36-7-15.1-15. Appraisal, Publication, and Bidding Requirements
36-7-15.1-15.2. Sale or Grant of Real Property to Urban Enterprise Association
36-7-15.1-15.5. Additional Powers of Commission
36-7-15.1-15.7. Disposal of Real Property; Appraisal
36-7-15.1-16. Special Tax on Property in Redevelopment District
36-7-15.1-17. Redevelopment District Bonds
36-7-15.1-17.1. Lease of Property to Commission; Conditions
36-7-15.1-17.2. Persons Authorized as Lessors
36-7-15.1-17.5. Pledge of Revenues
36-7-15.1-18. Redevelopment District Fund
36-7-15.1-19. Redevelopment District Bond Fund; Special Tax
36-7-15.1-20. Urban Renewal Projects
36-7-15.1-21. Urban Renewal Plan
36-7-15.1-22. Commission Powers and Duties Concerning Planning and Urban Renewal Plans and Projects
36-7-15.1-23. Aid and Cooperation of Public Entities; Delegation; Agreements
36-7-15.1-25. Real Property Owned by a Redevelopment District Is Exempt From Taxation
36-7-15.1-26. Real Property Tax Allocation and Distribution
36-7-15.1-26.2. Definitions; Amendment of Resolution; Property Taxes
36-7-15.1-27. Crimes and Offenses
36-7-15.1-29. Determination of Economic Development Area; Approval; Requirements; Procedures
36-7-15.1-30. Powers of Commission
36-7-15.1-31. Findings of General Assembly
36-7-15.1-32. Housing Program; Notice and Hearing; Neighbor Associations and Residents
36-7-15.1-33. Commission Rights, Powers, Privileges, and Immunities
36-7-15.1-34. Housing Program; Resolution; Findings
36-7-15.1-36. Military Base Reuse Area
36-7-15.1-36.3. Annual Report; Contents
36-7-15.1-37. Additional Definitions; Applicability of Certain Sections
36-7-15.1-38. Redevelopment Districts
36-7-15.1-39. Powers and Duties of Commission; Eminent Domain
36-7-15.1-43. Additional Powers of Commission
36-7-15.1-44. Appraisal, Publication, and Bidding Requirements; Exceptions; Procedures
36-7-15.1-45. Issuance and Sale of Bonds by Commission
36-7-15.1-46. Lease of Property by Commission
36-7-15.1-47. Persons Permitted to Lease Facilities
36-7-15.1-48. Pledge of Revenue Received or to Be Received; Nonimpairment by General Assembly
36-7-15.1-49. Redevelopment District Fund
36-7-15.1-50. Tax on Redevelopment District Property; Redevelopment District Bond Fund
36-7-15.1-55. Modification of Definition of "Property Taxes"; Depreciable Personal Property
36-7-15.1-57. Designation of Economic Development Area
36-7-15.1-58. Commission Powers in Economic Development Area
36-7-15.1-59. Program for Age-Restricted Housing
36-7-15.1-60. Powers of Commission in Implementing Age-Restricted Housing Program