Sec. 1.1. (a) An automated transit district may be dissolved by an ordinance adopted by the legislative body on a date that is at least three (3) years later than the date the ordinance was adopted.
(b) An automated transit district may dissolve itself by resolution on a date that is at least two (2) years later than the date of adoption of the resolution creating the district.
(c) A dissolution of a district under this section requires the city to assume the obligations incurred by the district.
As added by P.L.343-1989(ss), SEC.5.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 9.5. Transportation Agencies
Chapter 7. Automated Transit Districts
8-9.5-7-1. Creation by Legislative Body
8-9.5-7-1.1. Dissolution by Ordinance or Resolution; Obligations of Dissolved Districts
8-9.5-7-2. Association of Landowners
8-9.5-7-3. Establishment Petition; Notice; Resolution
8-9.5-7-5. Ordinances; Introduction of Proposed Draft; Notice
8-9.5-7-6. Adoption of Ordinance; Effective Date
8-9.5-7-7. Additional Powers and Duties
8-9.5-7-8. Actions by the Commission; Publication of Regulations
8-9.5-7-10. Agreement With Public Transportation Corporation
8-9.5-7-11. Treasurer; Appointment; Bond; Term; Powers and Duties
8-9.5-7-12. Report of Accounts by Treasurer
8-9.5-7-13. Audit of Records of Account
8-9.5-7-15. Loans; Warrants; Advancements From Within District
8-9.5-7-17. Assessment of Benefits and Damages
8-9.5-7-18. Formula for Use of Increased Property Tax Revenues