Sec. 11. An ordinance adopted under section 7 of this chapter must establish an economic improvement board to be appointed by the legislative body. The board must have at least three (3) members, and a majority of the board members must own real property within the district. However, if there is only one (1) property owner within a district formed before March 1, 2010, the legislative body shall appoint one (1) member to the economic improvement board who owns real property within the district and not more than two (2) other members who are not required to own real property within the district. After, February 28, 2010, a district formed under this chapter must have at least one (1) parcel of real property that is not owned by an owner of other parcels of real property in the district.
As added by P.L.195-1988, SEC.1. Amended by P.L.113-2010, SEC.136.
Structure Indiana Code
Article 7. Planning and Development
Chapter 22. Economic Improvement Districts
36-7-22-1. Application of Chapter
36-7-22-3. "Economic Improvement Project" Defined
36-7-22-4. Petition; Filing; Contents
36-7-22-5. Apportionment of Benefits
36-7-22-6. Hearing; Notice; Questions Heard
36-7-22-7. Ordinance; Establishing District
36-7-22-9. Ordinance; Repeal or Amendment
36-7-22-10. Ordinance; Exemption From Special Assessments
36-7-22-11. Ordinance; Economic Improvement Board
36-7-22-13. Ordinance or Assessment Schedule; Action Contesting Validity
36-7-22-14. Certification of Final Scheduled Assessments
36-7-22-15. Assessments; Payment to Board
36-7-22-16. Economic Improvement Fund
36-7-22-18. Purchasing Materials or Equipment; Contracting for Public Works
36-7-22-19. Lease or Contractual Agreements
36-7-22-20. Disposal of Assets and Liabilities Upon Repeal of Ordinance
36-7-22-22. Powers of the Board to Finance Economic Improvement Projects