Sec. 8.9. With the approval of the governing body creating it, a port authority may sell, lease, or enter into a royalty contract for the natural or mineral resources of land that it owns. Money received from these sources shall be deposited in the nonreverting capital fund of the port authority.
As added by P.L.49-2010, SEC.5.
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