Sec. 15. The capital improvement board may use money distributed from the additional professional sports development area fund to pay any costs related to a capital improvement described in section 4(a)(1) of this chapter, including the following:
(1) Any costs related to the operation, maintenance, or replacement of a capital improvement described in section 4(a)(1) of this chapter.
(2) Any costs related to constructing, renovating, and equipping a capital improvement described in section 4(a)(1) of this chapter.
(3) Any costs related to the financing or refinancing of a capital improvement described in section 4(a)(1) of this chapter.
(4) Any costs or expenses of the capital improvement board or the facilities authority incurred in connection with administering the capital improvement or related bonds, leases, agreements, or related undertakings.
As added by P.L.109-2019, SEC.16.
Structure Indiana Code
Article 7. Planning and Development
36-7-31.5-1. Applicability of Chapter
36-7-31.5-3. General Assembly Findings
36-7-31.5-4. Establishment of Area; Facilities
36-7-31.5-5. Establishment of Area; Time; Area Changes; Special Taxing District
36-7-31.5-7. Approval of Resolution by Budget Agency; Requirements
36-7-31.5-8. Resolution; Allocation of Taxes to Additional Professional Sports Development Area Fund
36-7-31.5-9. Development of Geographic Information System Codes; Taxpayer Reporting
36-7-31.5-10. Additional Professional Sports Development Area Fund
36-7-31.5-11. Deposit of Taxes in Additional Professional Sports Development Area Fund
36-7-31.5-12. Distribution of Taxes From Fund
36-7-31.5-13. Notice of Taxes to Be Distributed to Capital Improvement Board
36-7-31.5-15. Uses of Money From the Fund