Sec. 17. All proceeds from the sale of bonds issued under section 15 of this chapter shall be kept as a separate and specific fund to be known as the public communications systems and computer facilities district bond fund. The bond fund shall be used to pay for the cost of acquisition of real and personal property, the cost of the installation of the facilities, and all costs and expenses incurred in connection therewith, and no part may be used for any other purpose. The bond fund shall be deposited at interest with a depository or depositories of other public funds of the consolidated city, and all interest collected on it belongs to the bond fund.
As added by P.L.82-1985, SEC.3.
Structure Indiana Code
Chapter 15. Public Safety Communications Systems and Computer Facilities Districts
36-8-15-1. Application of Chapter
36-8-15-3. "Communications System" Defined
36-8-15-7. Creation of District
36-8-15-9. Governing Body; Powers; Establishment of a Public Safety Communications Commission
36-8-15-9.5. Combined or Shared Communications Systems
36-8-15-10. Resolution Stating Necessity and Purpose; Plans and Specifications; Estimated Cost
36-8-15-11. Resolution; Public Inspection; Notice
36-8-15-12. Objections; Hearing
36-8-15-13. Letting of Contracts; Modification of Projects
36-8-15-14. Special Benefit Tax
36-8-15-15. Bonds; Issuance; Amount
36-8-15-15.1. Lease of Facilities; Financing; Hearings; Notice; Objections
36-8-15-15.2. Persons Authorized to Lease Facilities
36-8-15-16. Bonds; Limitation on Total Issue; Nature of Bonds