Sec. 3. (a) A redevelopment commission may by resolution request the legislative body of the unit to establish a special improvement district for the purposes set forth in IC 36-7-15.1 with respect to counties having a consolidated city and in IC 36-7-14 with respect to all other eligible units.
(b) A special improvement district shall be established according to the procedures set forth for the establishment of allocation areas under IC 36-7-15.1 or IC 36-7-14, as applicable.
(c) In establishing the special improvement district, the legislative body must find that the projects to be undertaken in the district:
(1) constitute local public improvements;
(2) provide special benefits to property owners in the district; and
(3) will be of public utility and benefit.
As added by P.L.380-1987(ss), SEC.20.
Structure Indiana Code
Article 7. Planning and Development
Chapter 21. Special Improvement Districts for Redevelopment of Blighted Areas
36-7-21-1. Application of Chapter
36-7-21-2. Legislative Finding
36-7-21-3. Establishment of Special Improvement District; Prerequisite Findings
36-7-21-4. Resolution Requesting Establishment of District; Contents
36-7-21-5. Apportionment of Benefits; Adjustment
36-7-21-8. Bonds or Notes Payable From Special Improvement Assessments