Sec. 6. (a) This section applies to the board of a county land bank established by a county that has a consolidated city.
(b) The board of a land bank to which this section applies is comprised of the following:
(1) Three (3) directors appointed by the county executive. A director appointed under this subdivision must be a resident of the county.
(2) Three (3) directors appointed by the legislative body of the county. A director appointed under this subdivision must be a resident of the county.
(3) A director appointed by the county auditor. A director appointed under this subdivision must be a resident of the county.
(4) A director appointed by the local community foundation. A director appointed under this subdivision must be a resident of the county.
(5) At most one (1) additional director appointed, as applicable, in the manner and subject to the requirements set forth in the land bank's bylaws.
(c) The terms of the initial directors of a land bank to which this section applies are equal to:
(1) the remainder of the calendar year in which the land bank is established; plus
(2) a number of additional years equal to:
(A) one (1) calendar year, for directors appointed under subsection (b)(1);
(B) two (2) calendar years, for directors appointed under subsection (b)(2); and
(C) three (3) calendar years, for directors appointed under subsection (b)(3) through (b)(5).
As added by P.L.211-2016, SEC.1.
Structure Indiana Code
Article 7. Planning and Development
36-7-38-2. Establishment of a Land Bank
36-7-38-4.5. Boards of Land Banks Made Up of Two or More Eligible Units
36-7-38-5. Boards of County Land Banks; Counties Not Having a Consolidated City
36-7-38-6. Boards of County Land Banks; a County Having a Consolidated City
36-7-38-7. Boards of Land Banks of Second Class Cities
36-7-38-7.5. Boards of Land Banks of Third Class Cities
36-7-38-11. Interlocal Agreements
36-7-38-12. Relation to the Unsafe Building Law
36-7-38-13. Startup Inventory of Properties
36-7-38-14. Agreements With Purchasers, Lessees, and Other Transferees
36-7-38-15. Usual Procedures for Disposition of Property Not Applicable
36-7-38-16. Prohibited Buyers; Delinquent Taxpayers
36-7-38-17. Prohibited Buyers; Unauthorized Foreign Business Associations
36-7-38-19. Exemption From Income Taxation
36-7-38-20. Limitation on Property Tax Exemption for Leased Property
36-7-38-23. Immunity From Civil Liability; Certain Environmental Damage