reglab/housing_qa huggingface dataset:
IN Code § 5-1-17-0.3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-0.3. General Assembly Findings

Sec. 0.3. The general assembly finds the following:(1) Marion, Boone, Johnson, Hamilton, Hancock, Hendricks, Morgan, and Shelby counties, and certain municipalities located in those counties, face unique and distinct challenges and opportunities related to the economic development issues associated with the construction and maintenance of a world-class convention center and stadium facility in Indianapolis.(2) A unique approach is required to ensure that these counties have sufficient revenue sources to allow them to meet these challenges and opportunities.(3) The powers and responsibilities provided to these counties and to the Indiana stadium and convention building authority created by this chapter are appropriate and necessary to carry out the public purposes of encouraging and fostering economic development in central Indiana and constructing a world-class convention center and stadium facility in Indianapolis.(4) The retention of a National Football League franchised professional football team in Indianapolis poses unique challenges due to the need for development of a world class football stadium and related infrastructure that would not be needed apart from the needs related to the retention of a National Football League franchised professional football team in Indianapolis.(5) The retention of a National Football League franchised professional football team in Indianapolis is critical to successful economic development in Indianapolis and is a public purpose.(6) Encouragement of economic development in Indianapolis will:(A) generate significant economic activity, a substantial portion of which results from persons residing outside Indiana, which may attract new businesses and encourage existing businesses to remain or expand in Indianapolis;(B) promote the consolidated city to residents outside Indiana, which may attract residents outside Indiana and new businesses to relocate to the Indianapolis area;(C) protect and increase state and local tax revenues; and(D) encourage overall economic growth in Indianapolis and in Indiana.(7) Indianapolis faces unique challenges in the development of infrastructure and other facilities necessary to promote economic development as a result of its need to rely on sources of revenue other than property taxes, due to the large number of tax exempt properties located in Indianapolis because Indianapolis is the seat of government, the home to multiple institutions of higher education, and the site of numerous state and regional nonprofit corporations.(8) Economic development benefits the health and welfare of the people of Indiana, is a public use and purpose for which public money may be spent, and is of public utility and benefit.As added by P.L.220-2011, SEC.58.
IN Code § 5-1-17-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-1. "Authority"

Sec. 1. As used in this chapter, "authority" refers to the Indiana stadium and convention building authority created by this chapter.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-2. "Board"

Sec. 2. As used in this chapter, "board" refers to the board of directors of the authority.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-3. "Bonds"

Sec. 3. As used in this chapter, "bonds" means bonds, notes, commercial paper, or other evidences of indebtedness. The term includes obligations (as defined in IC 8-9.5-9-3) and swap agreements (as defined in IC 8-9.5-9-4).As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-4. "Capital Improvement Board"

Sec. 4. As used in this chapter, "capital improvement board" refers to a capital improvement board of managers created by IC 36-10-8 or IC 36-10-9.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-5. "State Agency"

Sec. 5. As used in this chapter, "state agency" has the meaning set forth in IC 5-1.2-2.As added by P.L.214-2005, SEC.6. Amended by P.L.189-2018, SEC.21.
IN Code § 5-1-17-6 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-6. Establishment

Sec. 6. An Indiana stadium and convention building authority is created in Indiana as a separate body corporate and politic as an instrumentality of the state to acquire, construct, equip, own, lease, and finance facilities for lease to or for the benefit of a capital improvement board.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-7 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-7. Membership

Sec. 7. (a) The board is composed of the following seven (7) members, who must be residents of Indiana:(1) Four (4) members appointed by the governor. The president pro tempore of the senate and the speaker of the house of representatives may each make one (1) recommendation to the governor concerning the appointment of a member under this subdivision.(2) Two (2) members appointed by the executive of a county having a consolidated city.(3) One (1) member appointed by the governor, who has been nominated by the county fiscal body of a county that is contiguous to a county having a consolidated city, determined as follows:(A) The member nominated for the initial term shall be nominated by the contiguous county that has the largest population of all the contiguous counties that have adopted an ordinance to impose a food and beverage tax under IC 6-9-35.(B) The member nominated for each successive term shall be nominated by the contiguous county that:(i) contributed the most revenues from the tax imposed by IC 6-9-35 to the capital improvement board of managers created by IC 36-10-9-3 in the immediately previous calendar year; and(ii) has not previously made a nomination to the governor or, if all the contributing counties have previously made such a nomination, is the one whose then most recent nomination occurred before those of all the other contributing counties.(b) A member appointed under subsection (a)(1) through (a)(2) is entitled to serve a three (3) year term. A member appointed under subsection (a)(3) is entitled to serve a one (1) year term. A member may be reappointed to subsequent terms.(c) If a vacancy occurs on the board, the governor shall fill the vacancy by appointing a new member for the remainder of the vacated term. If the vacated member was appointed under subsection (a)(2) or (a)(3), the governor shall appoint a new member who has been nominated by the person or body who made the nomination of the vacated member.(d) A member may be removed for cause by the appointing authority.(e) Each member, before entering upon the duties of office, must take and subscribe an oath of office under IC 5-4-1, which shall be endorsed upon the certificate of appointment and filed with the records of the board.(f) The governor shall nominate an executive director for the authority, subject to the veto authority of the executive of a county having a consolidated city.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-8 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-8. Meetings; Officers; Quorum

Sec. 8. (a) The board shall hold an initial organizational meeting on or before June 30, 2005. Immediately after January 15 of each year, the board shall hold its annual organizational meeting.(b) The governor shall appoint a member of the board to serve as chair of the board.(c) The board shall elect one (1) of the members vice chair and another secretary-treasurer to perform the duties of those offices. These officers serve from the date of their election and until their successors are elected and qualified. The board may elect an assistant secretary-treasurer.(d) Special meetings may be called by the chair of the board or any three (3) members of the board.(e) A majority of the members constitutes a quorum, and the concurrence of a majority of the members is necessary to authorize any action.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-9 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-9. Bylaws; Rules; Code of Ethics

Sec. 9. (a) The board may adopt the bylaws and rules it considers necessary for the proper conduct of its duties and the safeguarding of the funds and property entrusted to its care.(b) The board shall, without complying with IC 4-22-2, adopt the code of ethics in executive order 05-12 for its members and employees.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-9.5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-9.5. Personal Liability of Members or Employees

Sec. 9.5. The:(1) members of the authority;(2) officers and employees of the authority; and(3) executive director;executing bonds, leases, obligations, or other agreements under this chapter are not subject to personal liability or accountability by reason of any act authorized by this chapter.As added by P.L.120-2006, SEC.1.
IN Code § 5-1-17-10 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-10. Purpose

Sec. 10. The authority is organized for the following purposes:(1) Acquiring, financing, constructing, and leasing land and capital improvements to or for the benefit of a capital improvement board.(2) Financing and constructing additional improvements to capital improvements owned by the authority and leasing them to or for the benefit of a capital improvement board.(3) Acquiring land or all or a portion of one (1) or more capital improvements from a capital improvement board by purchase or lease and leasing the land or these capital improvements back to the capital improvement board, with any additional improvements that may be made to them.(4) Acquiring all or a portion of one (1) or more capital improvements from a capital improvement board by purchase or lease to fund or refund indebtedness incurred on account of those capital improvements to enable the capital improvement board to make a savings in debt service obligations or lease rental obligations or to obtain relief from covenants that the capital improvement board considers to be unduly burdensome.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-12 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-12. Bonds; Refunding; Leases; Property

Sec. 12. (a) Bonds issued under IC 36-10-8 or IC 36-10-9 or prior law may be refunded as provided in this section.(b) A capital improvement board may:(1) lease all or a portion of land or a capital improvement or improvements to the authority, which may be at a nominal lease rental with a lease back to the capital improvement board, conditioned upon the authority assuming bonds issued under IC 36-10-8 or IC 36-10-9 or prior law and issuing its bonds to refund those bonds; and(2) sell all or a portion of land or a capital improvement or improvements to the authority for a price sufficient to provide for the refunding of those bonds and lease back the land or capital improvement or improvements from the authority.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-14 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-14. Complete Authority

Sec. 14. This chapter contains full and complete authority for leases between the authority and a capital improvement board. No law, procedure, proceedings, publications, notices, consents, approvals, orders, or acts by the board or the capital improvement board or any other officer, department, agency, or instrumentality of the state or any political subdivision is required to enter into any lease, except as prescribed in this chapter.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-15 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-15. Capital Improvement Plans and Specifications; Approval

Sec. 15. If the lease provides for a capital improvement or improvements thereto to be constructed by the authority, the plans and specifications shall be submitted to and approved by all agencies designated by law to pass on plans and specifications for public buildings.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-16 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-16. Agreements; Common Wall; Easements; Licenses

Sec. 16. The authority and a capital improvement board may enter into common wall (party wall) agreements or other agreements concerning easements or licenses. These agreements shall be recorded with the recorder of the county in which the capital improvement is located.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-17 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-17. Capital Improvement; Land; Sale; Lease

Sec. 17. (a) A capital improvement board may lease for a nominal lease rental, or sell to the authority, one (1) or more capital improvements or portions thereof or land upon which a capital improvement is located or is to be constructed.(b) Any lease of all or a portion of a capital improvement by a capital improvement board to the authority must be for a term equal to the term of the lease of that capital improvement back to the capital improvement board.(c) A capital improvement board may sell property to the authority.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-18.3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-18.3. Prohibition on Certain Contract Limitations for a Project

Sec. 18.3. (a) The following definitions apply throughout this section:(1) "Contract" includes a lease or other agreement.(2) "Contract limitation" refers to a bid specification, project agreement, lease provision, or other contract document that does any of the following:(A) Requires a bidder, offeror, or contractor in any contractor tier to enter into or adhere to an agreement with a labor organization relating to a project.(B) Prohibits a bidder, offeror, or contractor in any contractor tier from entering into or adhering to an agreement with a labor organization relating to a project.(C) Discriminates against a bidder, offeror, or contractor in any contractor tier for any of the following:(i) Becoming or remaining a signatory to an agreement with a labor organization relating to a project.(ii) Refusing to become or remain a signatory to an agreement with a labor organization relating to a project.(iii) Adhering or refusing to adhere to an agreement with a labor organization relating to a project.(3) "Project" refers to a project of the authority for the construction of a facility and all buildings, facilities, structures, and improvements related to that facility to be financed in whole or in part from funds derived from the establishment of a tax area under IC 36-7-31.5.(4) "Public benefit" refers to a grant, a tax abatement, a tax credit, or establishment or use of tax area revenues related to a project.(b) A contract relating to a project may not require a contractor or subcontractor to enter into a contract limitation as a condition of being awarded and performing work on the contract. Any such provision is void.(c) A public entity may not award a public benefit that is conditioned upon a requirement that the person awarded the public benefit include a contract limitation in a contract document related to a project. Any such provision is void.As added by P.L.109-2019, SEC.2.
IN Code § 5-1-17-18.5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-18.5. Negotiating With a Single Bidder for a Project

Sec. 18.5. (a) This section applies to bids received with respect to a capital improvement under this chapter:(1) that is constructed by, for, or on behalf of the authority; and(2) for which only one (1) bid was received from a responsible bidder.(b) The board may attempt to negotiate a more advantageous proposal and contract with the bidder if the board determines that rebidding:(1) is not practicable or advantageous; or(2) would adversely affect the construction schedule or budget of the project.(c) The board shall prepare a bid file containing the following information:(1) A copy of all documents that are included as part of the invitation for bids.(2) A list of all persons to whom copies of the invitation for bids were given, including the following information:(A) The name and address of each person who received an invitation for bids.(B) The name of each bidder who responded and the dollar amount of the bid.(C) A summary of the bid received.(3) The basis on which the bid was accepted.(4) Documentation of the board's negotiating process with the bidder. The documentation must include the following:(A) A log of the dates and times of each meeting with the bidder.(B) A description of the nature of all communications with the bidder.(C) A copy of all written communications, including electronic communications, with the bidder.(5) The entire contents of the contract file except for proprietary information included with the bid, such as trade secrets, manufacturing processes, and financial information that was not required to be made available for public inspection by the terms of the invitation for bids.As added by P.L.120-2006, SEC.2.
IN Code § 5-1-17-19 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-19. Bonds; Complete Authority

Sec. 19. This chapter contains full and complete authority for the issuance of bonds. No law, procedure, proceedings, publications, notices, consents, approvals, orders, or acts by the board or any other officer, department, agency, or instrumentality of the state or of any political subdivision is required to issue any bonds, except as prescribed in this chapter.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-20 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-20. Bonds; Legal Investments

Sec. 20. Bonds issued under this chapter are legal investments for private trust funds and the funds of banks, trust companies, insurance companies, building and loan associations, credit unions, banks of discount and deposit, savings banks, loan and trust and safe deposit companies, rural loan and savings associations, guaranty loan and savings associations, mortgage guaranty companies, small loan companies, industrial loan and investment companies, and other financial institutions organized under Indiana law.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-21 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-21. Bonds; Security

Sec. 21. (a) The authority may secure bonds issued under this chapter by a trust indenture between the authority and a corporate trustee, which may be any trust company or national or state bank within Indiana that has trust powers.(b) The trust indenture may:(1) pledge or assign lease rentals, receipts, and income from leased capital improvements, but may not mortgage land or capital improvements;(2) contain reasonable and proper provisions for protecting and enforcing the rights and remedies of the bondholders, including covenants setting forth the duties of the authority and board;(3) set forth the rights and remedies of bondholders and trustee; and(4) restrict the individual right of action of bondholders.(c) Any pledge or assignment made by the authority under this section is valid and binding from the time that the pledge or assignment is made, against all persons whether or not they have notice of the lien. Any trust indenture by which a pledge is created or an assignment made need not be filed or recorded. The lien is perfected against third parties by filing the trust indenture in the records of the board.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-22 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-22. Bond Issue for Leased Property Purchase

Sec. 22. If a capital improvement board exercises its option to purchase leased property, it may issue its bonds as authorized by statute.As added by P.L.214-2005, SEC.6.
IN Code § 5-1-17-23 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-23. Tax Exemption

Sec. 23. All:(1) property owned by the authority;(2) revenues of the authority; and(3) bonds issued by the authority, the interest on the bonds, the proceeds received by a holder from the sale of bonds to the extent of the holder's cost of acquisition, proceeds received upon redemption before maturity, proceeds received at maturity, and the receipt of interest in proceeds;are exempt from taxation in Indiana for all purposes except the financial institutions tax imposed under IC 6-5.5.As added by P.L.214-2005, SEC.6. Amended by P.L.79-2017, SEC.7.
IN Code § 5-1-17-24 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 1. Bonds and Other Obligations|Chapter 17. Indiana Stadium and Convention Building Authority|5-1-17-24. Bonds; Contesting Validity

Sec. 24. Any action to contest the validity of bonds to be issued under this chapter may not be brought after the fifteenth day following:(1) the receipt of bids for the bonds, if the bonds are sold at public sale; or(2) the publication one (1) time in a newspaper of general circulation published in the county of notice of the execution and delivery of the contract for the sale of bonds;whichever occurs first.As added by P.L.214-2005, SEC.6.