Sec. 8.1. In addition to the other powers granted under this chapter, the port authority may contract for, accept, or otherwise acquire and maintain railroad property and rights-of-way. The port authority may accept and expend funding from any source, and may issue revenue bonds, for the construction, operation, and maintenance of the property and rights-of-way and the lease or purchase of all necessary equipment and appurtenances to successfully operate a railroad over the rights-of-way. The powers granted, and procedures provided for, by this chapter shall extend to any authority created pursuant to this chapter even though the railroad facilities will not serve a port or harbor.
As added by Acts 1977, P.L.109, SEC.1. Amended by Acts 1979, P.L.89, SEC.2; Acts 1981, P.L.74, SEC.3; P.L.85-1988, SEC.2.
Structure Indiana Code
Title 8. Utilities and Transportation
Chapter 5. Creation of Port Authorities by Local Governments
8-10-5-2. Ordinance or Resolution Authorizing Creation; Actions by or Against; Contracts
8-10-5-3. Counties Creating Port Authority; Reimbursement of Municipal Corporations
8-10-5-4. Surveys and Examinations; Dissolution of Authority
8-10-5-5.5. Expansion of Jurisdiction; Ordinances
8-10-5-6. Officers and Employees
8-10-5-6.5. Retirement Plans for Port Authority Railroad Employees
8-10-5-8.1. Railroad Right-of-Way; Powers
8-10-5-8.5. Powers of Port Authorities in Certain Counties
8-10-5-9. Maps, Plans, and Profiles for Future Development; Hearings; Objections
8-10-5-10. Modification, Amendment, or Extension of Development Plan
8-10-5-11. Modification, Amendment, or Extension of Development Plan; Conclusiveness
8-10-5-12. Private Enterprise; Participation in Construction and Operation of Facilities
8-10-5-13. Revenue Bonds; Issuance and Sale
8-10-5-14. Miscellaneous Provisions
8-10-5-15. Bids and Bidding; Construction Contracts and Lease or Sale of Land or Property
8-10-5-16. Budget; Rates and Charges
8-10-5-17. Cumulative Channel Maintenance Fund; Establishment; Tax Levies; Docking and Launch Fees
8-10-5-18. Bond of Secretary; Depositories; Disbursement of Funds
8-10-5-20. Contracts; Purchase, Lease, or Acquisition of Land or Other Property
8-10-5-22. Application of Section; Annual Watercraft Fee; Watercraft Fee Decal
8-10-5-23. Per Launch Watercraft Fee; Deposit of Fees; Watercraft Fee Decal