Sec. 6. (a) The department shall provide, at no cost to the society, a site acceptable to the society for the construction of the building by the society.
(b) The department may, alone, with the Indiana finance authority, the Indiana White River state park development commission, or any other entity do the following in relation to the construction of the building by the society:
(1) Acquire a site by purchase, lease, or other appropriate method.
(2) Provide related exterior improvements for the building.
(c) Notwithstanding the term limitation for a lease under IC 4-20.5-5-7, the department may enter into a lease under subsection (b) for a term of not more than ninety-nine (99) years.
As added by P.L.22-1992, SEC.1. Amended by P.L.7-1993, SEC.6; P.L.235-2005, SEC.54.
Structure Indiana Code
Title 4. State Offices and Administration
Article 13. Administrative Management of State Services, Employees, Purchases, and Property
Chapter 12.1. Indiana Historical Society Building
4-13-12.1-1. "Commissioner" Defined
4-13-12.1-2. "Department" Defined
4-13-12.1-3. "Exterior Improvements" Defined
4-13-12.1-4. "Society" Defined
4-13-12.1-5. State Land; Construction Funds
4-13-12.1-6. Furnishing Acceptable Site; Exterior Improvements; Lease Term
4-13-12.1-7. Conveyance of Title to State
4-13-12.1-9. State Facilities; Reversion of Occupancy
4-13-12.1-11. Gifts and Grants
4-13-12.1-12. Trust Fund; Creation; Administration; Investments; Reversion to General Fund