Sec. 7. The general assembly determines that a long term sublease is in the best interests of the state. Subject to section 6 of this chapter, the budget agency may enter into a sublease for one (1) or more terms that, in total, do not exceed the initial term provided for the repayment of the lease rental revenue bonds.
As added by P.L.220-2011, SEC.27.
Structure Indiana Code
Title 4. State Offices and Administration
Article 12. Appropriations Management
Chapter 14. Columbus Learning Center Lease
4-12-14-1. "Columbus Learning Center"
4-12-14-2. "Lease Rental Revenue Bonds"
4-12-14-3. "Participating Entities"
4-12-14-6. Conditions for Entering Into Sublease
4-12-14-7. General Assembly Determination That Sublease in Best Interest of State; Terms of Sublease