Sec. 12. Proceeds from the sale of bonds under section 11 of this chapter shall be deposited in the thoroughfare fund and used by the unit to pay for:
(1) property acquired by the unit;
(2) benefits assessed against the unit at large; and
(3) damages increased by a court on appeal;
under this chapter.
As added by P.L.220-1986, SEC.30.
Structure Indiana Code
Article 9. Transportation and Public Works
Chapter 6.1. Thoroughfare Projects
36-9-6.1-0.1. Application of Chapter
36-9-6.1-1. Application of Chapter
36-9-6.1-2. Units Adopting a Thoroughfare Plan; Tax Levy; Collection; Fund
36-9-6.1-3. Works Board Carrying Out Thoroughfare Plan; Powers
36-9-6.1-4. Adoption of Resolution for Proposed Project
36-9-6.1-5. Plans, Specifications, and Contracts for Proposed Project; Preparation and Adoption
36-9-6.1-6. Authorized Projects
36-9-6.1-7. Notice and Hearing on Resolution; Contents of Notice
36-9-6.1-8. Hearing; Objections; Determinations by Works Board
36-9-6.1-9. Approval of Project; Assessment of Cost
36-9-6.1-10. Rights of Affected Property Owners
36-9-6.1-11. Costs Exceeding Balance in Thoroughfare Fund; Bond Issue
36-9-6.1-12. Proceeds of Sale of Bonds; Deposit in Fund; Payments