Sec. 8. (a) Real property constituting the site of parking facilities may be purchased by the board without purchasing the entire air rights over the site. In this event, a building, buildings, or other structures may be attached to the site of the parking facility if the board approves the plans and specifications and the manner in which it shall be imposed upon or around the real property.
(b) In such a case the board may enter into an agreement to provide for use by the building, buildings, or structures of such areas of the surface of the site as may be essential for the support of the building or other structures to be erected, as well as for the connection of essential public or private utilities to the building, buildings, or structures and ingress and egress for the building, buildings, or structures. The costs of common facilities, utilities, ingress, egress, and supports may be apportioned between the parking facilities and the buildings or structures.
As added by Acts 1982, P.L.77, SEC.13.
Structure Indiana Code
Article 9. Transportation and Public Works
Chapter 11.1. Parking Facilities in Marion County
36-9-11.1-1. Application of Chapter
36-9-11.1-2. Public Uses and Purposes; Eminent Domain
36-9-11.1-4. Pecuniary Interest; Board or Employee
36-9-11.1-5. Powers and Duties of Board
36-9-11.1-6. Preparation of Plat and Data; Resolution of Board
36-9-11.1-7. Approval of Resolution and Plans; Acquisition of Site
36-9-11.1-9. Options or Contracts for Land; Previously Acquired Property
36-9-11.1-10. Eminent Domain; Powers and Duties of Department and Board
36-9-11.1-11. Tax Exemption of Property, Funds, and Receipts; Leases or Sales for Private Use
36-9-11.1-13. Sale or Lease of Space and Air Rights; Treatment of Proceeds
36-9-11.1-14. Funds for Expenses of Department Before Issuance of Bonds or Receipt of Revenues
36-9-11.1-15. Revenue Bonds; Issuance; Proceeds
36-9-11.1-16. Rights of Bondholders; Lien; Enforcement Proceedings; Default
36-9-11.1-17. Deposits of Department Funds; Separate Account Books and Special Accounts
36-9-11.1-18. Payments to and From General Fund of Department
36-9-11.1-19. Annual Operating and Income Statement of Facility