Sec. 14. The commission may issue bonds payable in whole or in part from money distributed from the fund to the commission to finance local public improvements under IC 36-7-15.1-17 or make lease rental payments in whole or in part from money distributed from the fund to the commission for a local public improvement under IC 36-7-15.1-17.1 and IC 36-7-15.1-17.2, including debt service payments on or lease rental payments for local public improvements under bonds issued or a lease entered into before January 1, 1992. Local public improvements to be financed by the commission may be in or serving the tax area.
As added by P.L.27-1992, SEC.28.
Structure Indiana Code
Article 7. Planning and Development
Chapter 27. Economic Development Tax Area
36-7-27-1. Application of Chapter
36-7-27-2. "Base Period Amount"
36-7-27-5. "Covered Local Income Taxes"
36-7-27-8. "Incremental Income Tax"
36-7-27-9. "Qualified Economic Development Tax Project"
36-7-27-12. Allocation Provision; Adoption; Notice; Certification of Base Period Amount
36-7-27-14. Bonds; Issuance; Purposes
36-7-27-15. Tax Covenant With Bond Owners
36-7-27-16. Pledge to Finance Economic Development Tax Project
36-7-27-18. Information Required to Be Disclosed by Employers