Sec. 3. Except as provided in section 4 of this chapter, the board of directors of a toll road authority, acting in the name of the authority, may:
(1) finance, construct, reconstruct, operate, maintain, and manage any toll road project acquired or financed under this chapter;
(2) sue, be sued, plead, and be impleaded, but all actions against the authority must be brought in the circuit court, superior court, or probate court for the county in which the authority is located;
(3) condemn, appropriate, purchase, and hold any real or personal property needed or considered useful in connection with a toll road facility;
(4) acquire real or personal property by gift, devise, or bequest and hold, use, or dispose of that property for the purposes authorized by this chapter;
(5) enter upon any lots or lands for the purpose of surveying or examining them to determine the location of a toll road facility;
(6) collect all money that is due on account of the operation, maintenance, or management of, or otherwise related to, a toll road facility, and expend that money for proper purposes;
(7) employ the managers, superintendents, architects, engineers, attorneys, auditors, clerks, foremen, custodians, and other employees, necessary for the proper operation of a toll road facility and fix the compensation of those employees, but a contract of employment may not be made for a period of more than four (4) years although it may be extended or renewed from time to time;
(8) make and enter into all contracts and agreements necessary or incidental to the performance of its duties and the execution of its powers under this chapter; and
(9) provide coverage for its employees under IC 22-3 and IC 22-4.
As added by P.L.386-1987(ss), SEC.21. Amended by P.L.84-2016, SEC.52.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 18. County Roads─financing and Bonding
Chapter 21. County Toll Road Financing
8-18-21-1. Application of Chapter
8-18-21-2. Preliminary Expenses; Payment; Charge Against Bonds
8-18-21-3. Powers of Board of Directors
8-18-21-4. Counties With Consolidated Cities; Approval
8-18-21-5. Revenue Bonds; Issuance; Source of Payment
8-18-21-6. Revenue Bonds; Resolution; Interest; Maturity
8-18-21-7. Revenue Bonds; Redemption Before Maturity; Resolution; Contents; Negotiable Instruments
8-18-21-8. Revenue Bonds; Execution; Notice of Sale; Sale
8-18-21-10. Loans; Resolutions; Notice
8-18-21-12. Proceeds of Bonds or Loans; Application; Lien
8-18-21-13. Review of Annual Operating Budget
8-18-21-14. Tax Exemption; Property and Revenue of Authority
8-18-21-15. Tax Exemption; Bonds and Securities
8-18-21-16. Handling and Expenditure of Authority Money; Surety Bonds