Sec. 11. Any person entering into a loan agreement with a municipality under this chapter is liable for property taxes, and special taxing district taxes for any public improvements, if special benefits are provided to that person together with other persons residing in the special taxing district. This section does not deny any tax exemption that such a person may have under other statutes because of the nature of that person's property or that person.
As added by P.L.23-1984, SEC.18.
Structure Indiana Code
Article 9. Transportation and Public Works
Chapter 32. Financing of Public Improvements in Municipalities
36-9-32-1. Application of Chapter
36-9-32-2. Legislative Findings and Declaration
36-9-32-4. Loan Agreements; Loan of Grant Proceeds; Pledge of Revenues to Secure Bonds
36-9-32-6. Ordinances Approving Issuance of Bonds
36-9-32-8. Trust Indentures to Secure Bonds
36-9-32-9. Enforcement by Owner of Bonds or Trustee
36-9-32-10. Impairment of Rights and Remedies of Owners of Bonds
36-9-32-11. Liability for Property and Special Taxing District Taxes