Sec. 9. (a) A special taxing district to be known as the local environmental response taxing district is created in a city described in section 1(1) of this chapter and in a county described in section 1(2) of this chapter for the purpose of funding substance removal or remedial action for a qualified site. The district shall exist for the public purpose of protecting the health, safety, and welfare of residents in the district by substance removal or remedial action. The general assembly finds that the actions and purposes set forth in this chapter are public purposes.
(b) The district is coterminous with the territory of the unit.
As added by P.L.44-1994, SEC.11.
Structure Indiana Code
Article 7. Planning and Development
Chapter 29. Local Environmental Response Financing
36-7-29-1. Application of Chapter
36-7-29-4. "Qualified Site" Defined
36-7-29-5. "Remedial Action" Defined
36-7-29-7. "Responsible Person" Defined
36-7-29-8. "Substance" Defined
36-7-29-9. Local Environmental Response Taxing Districts
36-7-29-10. Local Environmental Response Financing Boards
36-7-29-12. Powers and Duties of Boards
36-7-29-16. Procedures for Issuance of Bonds
36-7-29-17. Notes of Indebtedness
36-7-29-18. Bond and Note Registration Requirements
36-7-29-19. Tax Exemptions for Bonds and Notes
36-7-29-20. Actions to Contest Bonds
36-7-29-21. Authority Granted by Chapter
36-7-29-22. Guaranty of Rights