reglab/housing_qa huggingface dataset:
IN Code § 36-7-15.1-17.5 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-17.5. Pledge of Revenues

Sec. 17.5. (a) Notwithstanding any other law, the legislative body may pledge revenues received or to be received by the unit from:(1) the unit's additional revenue from the local income tax that is designated for certified shares or economic development under IC 6-3.6-6;(2) any other source legally available to the unit for the purposes of this chapter; or(3) combination of revenues under subdivisions (1) through (2);in any amount to pay amounts payable under section 17 or 17.1 of this chapter.(b) The legislative body may covenant to adopt an ordinance to increase revenues at the time it is necessary to raise funds to pay any amounts payable under section 17 or 17.1 of this chapter.(c) The commission may pledge revenues received or to be received from any source legally available to it for the purposes of this chapter in any amount to pay amounts payable under section 17 or 17.1 of this chapter.(d) The pledge or the covenant under this section may be for the life of the bonds issued under section 17 of this chapter, the term of a lease entered into under section 17.1 of this chapter, or for a shorter period as determined by the legislative body. Money pledged by the legislative body under this section shall be considered revenues or other money available to the commission under sections 17 through 17.1 of this chapter.(e) The general assembly covenants not to impair this pledge or covenant so long as any bonds issued under section 17 of this chapter are outstanding or as long as any lease entered into under section 17.1 of this chapter is still in effect. The pledge or covenant shall be enforced as provided in IC 5-1-14-4.As added by P.L.84-1987, SEC.11. Amended by P.L.2-1989, SEC.34; P.L.172-2011, SEC.152; P.L.197-2016, SEC.127.
IN Code § 36-7-15.1-18 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-18. Redevelopment District Fund

Sec. 18. (a) All proceeds from the sale of bonds under section 17 of this chapter shall be kept as a separate and specific fund to pay the expenses incurred in connection with the acquisition and redevelopment of property. The fund shall be known as the redevelopment district fund. Any surplus of funds remaining after all expenses are paid shall be paid into and become a part of the redevelopment district bond fund established under section 19 of this chapter.(b) All gifts, donations, proceeds of sales, or other payments that are given or paid to the department or to the consolidated city for redevelopment purposes shall be promptly deposited to the credit of the redevelopment district fund. The commission may use these gifts and donations for the purposes of this chapter.(c) Before the eleventh day of each calendar month the city fiscal officer shall notify the commission and the officers of the city who have duties in respect to the funds and accounts of the city of the amount standing to the credit of the redevelopment district fund at the close of business on the last day of the preceding month.As added by Acts 1982, P.L.77, SEC.8.
IN Code § 36-7-15.1-19 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-19. Redevelopment District Bond Fund; Special Tax

Sec. 19. (a) This section applies only to:(1) bonds that are issued under section 17 of this chapter; or(2) leases entered into under section 17.1 of this chapter;that are payable from a special tax levied upon all of the property in the redevelopment district. This section does not apply to bonds or leases that are payable solely from tax proceeds allocated under section 26(b)(3) of this chapter, other revenues of the commission, or any combination of these sources.(b) The city-county legislative body shall levy each year a special tax on all of the property of the redevelopment district, in such a manner as to meet and pay:(1) the principal of the bonds as they mature, together with all accruing interest on the bonds; or(2) lease rental payments under section 17.1 of this chapter.The tax levied shall be certified to the fiscal officers of the consolidated city and the county before October 2 in each year. The tax shall be estimated and entered on the tax duplicate by the county auditor and shall be collected and enforced by the county treasurer in the same manner as other state and county taxes are estimated, entered, collected, and enforced.(c) As the tax is collected, it shall be accumulated in a separate fund to be known as the redevelopment district bond fund and shall be applied to the payment of the bonds as they mature and the interest on the bonds as it accrues, or to make lease payments and to no other purpose. All accumulations of the fund before their use for the payment of bonds and interest or to make lease payments shall be deposited with the depository or depositories for other public funds of the city in accordance with the statutes concerning the deposit of public funds, unless they are invested under IC 5-13.(d) The tax levies provided for in this section are reviewable by other bodies vested by law with the authority to ascertain that the levies are sufficient to raise the amount that, with other amounts available, is sufficient to meet the payments under the lease payable from the levy of taxes.As added by Acts 1982, P.L.77, SEC.8. Amended by P.L.72-1983, SEC.7; P.L.84-1987, SEC.12; P.L.2-1989, SEC.35; P.L.203-2011, SEC.13.
IN Code § 36-7-15.1-20 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-20. Urban Renewal Projects

Sec. 20. In addition to its authority under any other section of this chapter, the commission may plan and undertake urban renewal projects. For purposes of this chapter, an urban renewal project includes undertakings and activities for the elimination or the prevention of the development or spread of the conditions described in IC 36-7-1-3, and may involve any work or undertaking that is performed for those purposes constituting a redevelopment project, or any rehabilitation or conservation work, or any combination of such an undertaking or work, such as the following:(1) Carrying out plans for a program of voluntary or compulsory repair and rehabilitation of buildings or other improvements.(2) Acquisition of real property and demolition, removal, or rehabilitation of buildings and improvements on the property when necessary to do any of the following:(A) Eliminate unhealthful, unsanitary, or unsafe conditions.(B) Mitigate or eliminate environmental contamination.(C) Lessen density.(D) Reduce traffic hazards.(E) Eliminate uses that are obsolete or otherwise detrimental to the public welfare.(F) Otherwise remove or prevent the spread of the conditions described in IC 36-7-1-3.(G) Provide land for needed public facilities.(3) Installation, construction, or reconstruction of streets, utilities, parks, playgrounds, and other improvements necessary for carrying out the objectives of the urban renewal project.(4) The disposition, for uses in accordance with the objectives of the urban renewal project, of any property acquired in the area of the project.As added by Acts 1982, P.L.77, SEC.8. Amended by P.L.185-2005, SEC.35; P.L.221-2007, SEC.44.
IN Code § 36-7-15.1-21 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-21. Urban Renewal Plan

Sec. 21. An urban renewal project undertaken under this chapter must be undertaken in accordance with an urban renewal plan for the area of the project. For purposes of this chapter, an urban renewal plan is a plan for an urban renewal project that:(1) conforms to the comprehensive plan for the county as a whole; and(2) is sufficiently complete to indicate:(A) land acquisition, demolition and removal of structures, redevelopment, improvements, and rehabilitation proposed to be carried out in the area of the urban renewal project;(B) zoning and planning changes, if any;(C) land uses;(D) maximum densities;(E) building requirements; and(F) the plan's relationship to definite local objectives respecting appropriate land uses, improved traffic, public transportation, public utilities, recreational and community facilities, and other public improvements.As added by Acts 1982, P.L.77, SEC.8.
IN Code § 36-7-15.1-22 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-22. Commission Powers and Duties Concerning Planning and Urban Renewal Plans and Projects

Sec. 22. (a) In connection with the planning and undertaking of an urban renewal plan or urban renewal project, the commission and all public and private officers, agencies, and bodies have all the rights, powers, privileges, duties, and immunities that they have with respect to a redevelopment plan or redevelopment project, as if all of the provisions of this chapter applicable to a redevelopment plan or redevelopment project were applicable to an urban renewal plan or urban renewal project.(b) In addition to its other powers, the commission may also:(1) make plans for carrying out a program of voluntary repair and rehabilitation of buildings and improvements;(2) make plans for the enforcement of laws and regulations relating to the use of land and the use and occupancy of buildings and improvements, and to the compulsory repair, rehabilitation, demolition, or removal of buildings and improvements;(3) make preliminary plans outlining urban renewal activities for neighborhoods to embrace two (2) or more urban renewal areas;(4) make preliminary surveys, including environmental assessments, to determine if the undertaking and carrying out of an urban renewal project are feasible;(5) make plans for the relocation of persons (including families, business concerns, and others) displaced by an urban renewal project;(6) make relocation payments in accordance with eligibility requirements of IC 8-23-17 or the Uniform Relocation Assistance and Real Property Acquisitions Policy Act of 1970 (42 U.S.C. 4621 et seq.) to or with respect to persons (including families, business concerns, and others) displaced by an urban renewal project, for moving expenses and losses of property for which reimbursement or compensation is not otherwise made, including the making of payments financed by the federal government; and(7) develop, test, and report methods and techniques, and carry out demonstrations and other activities, for the prevention and the elimination of the conditions described in IC 36-7-1-3 in urban areas.As added by Acts 1982, P.L.77, SEC.8. Amended by P.L.14-1991, SEC.21; P.L.185-2005, SEC.36; P.L.221-2007, SEC.45.
IN Code § 36-7-15.1-23 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-23. Aid and Cooperation of Public Entities; Delegation; Agreements

Sec. 23. (a) Any:(1) political subdivision;(2) other governmental entity;(3) public instrumentality created by state law; or(4) public body created by state law;may, in the area in which it is authorized to act, do all things necessary to aid and cooperate in the planning and undertaking of an urban renewal project, including furnishing the financial and other assistance that it is authorized by this chapter to furnish for or in connection with a redevelopment plan or redevelopment project.(b) The commission may delegate to:(1) an executive department of the consolidated city or county;(2) another governmental entity;(3) a public instrumentality created by state law; or(4) a public body created by state law;any of the powers or functions of the commission with respect to the planning or undertaking of an urban renewal project in the area in which that department or entity is authorized to act. The department, entity, public instrumentality, or public body may then carry out or perform those powers or functions for the commission.(c) A unit, another governmental entity, a public instrumentality created by state law, or a public body created by state law may enter into agreements with the commission or any other entity respecting action to be taken under this chapter, including the furnishing of funds or other assistance in connection with an urban renewal plan or urban renewal project. These agreements may extend over any period, notwithstanding any other law.As added by Acts 1982, P.L.77, SEC.8. Amended by P.L.221-2007, SEC.46.
IN Code § 36-7-15.1-25 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-25. Real Property Owned by a Redevelopment District Is Exempt From Taxation

Sec. 25. (a) Real property acquired by the redevelopment district is exempt from taxation while owned by the district.(b) All receipts of the department, including receipts from the sale of real property, personal property, and materials disposed of, are exempt from all taxes.(c) As used in this subsection, "year one" means any calendar year and "year two" means the calendar year following year one. When real property is acquired by the redevelopment district during the period from assessment on the assessment date of year one to the last day of December of year one, the taxes due in year two shall be prorated between the seller and the city. When the proration is made, the auditor shall remove the city's prorated share from the tax duplicate by auditor's correction.As added by Acts 1982, P.L.77, SEC.8. Amended by P.L.192-1984, SEC.12; P.L.14-1991, SEC.22; P.L.192-2002(ss), SEC.180; P.L.245-2015, SEC.27.
IN Code § 36-7-15.1-26.2 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-26.2. Definitions; Amendment of Resolution; Property Taxes

Sec. 26.2. (a) As used in this section, "depreciable personal property" refers to all of the designated taxpayer's depreciable personal property that is located in the allocation area.(b) As used in this section, "designated taxpayer" means a taxpayer designated by the commission in a declaratory resolution adopted or amended under section 8 or 10.5 of this chapter, and with respect to which the commission finds that:(1) taxes to be derived from the taxpayer's depreciable personal property in the allocation area, in excess of the taxes attributable to the base assessed value of that personal property, are needed to pay debt service for bonds issued under section 17 of this chapter or to make payments on leases payable under section 17.1 of this chapter in order to provide local public improvements for a particular allocation area;(2) the taxpayer's property in the allocation area will consist primarily of industrial, manufacturing, warehousing, research and development, processing, distribution, transportation, or convention center hotel related projects or regulated amusement devices (as defined in IC 22-12-1-19.1) and related improvements; and(3) the taxpayer's property in the allocation area will not consist primarily of retail, commercial, or residential projects, other than an amusement park or tourism industry project.For purposes of subdivision (3), a convention center hotel project is not considered a retail, commercial, or residential project.(c) The allocation provision of a declaratory resolution may modify the definition of "property taxes" under section 26(a) of this chapter to include taxes imposed under IC 6-1.1 on the depreciable personal property of designated taxpayers in accordance with the procedures and limitations set forth in this section and section 26 of this chapter. If such a modification is included in the resolution, for purposes of section 26 of this chapter the term "base assessed value" with respect to the depreciable personal property of designated taxpayers means, subject to section 26(j) of this chapter, the net assessed value of the depreciable personal property as finally determined for the assessment date immediately preceding:(1) the effective date of the modification, for modifications adopted before July 1, 1995; and(2) the adoption date of the modification for modifications adopted after June 30, 1995;as adjusted under section 26(h) of this chapter.As added by P.L.41-1992, SEC.8. Amended by P.L.25-1995, SEC.90; P.L.234-2007, SEC.205; P.L.172-2011, SEC.153; P.L.214-2019, SEC.40; P.L.257-2019, SEC.127.
IN Code § 36-7-15.1-26.6 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-26.6. Authorization to Enter Into an Agreement With a Taxpayer for Waiver of Review of an Assessment of Property Taxes in an Allocation Area During the Term of Bonds or Lease Obligations Payable From Allocated Property Taxes

Sec. 26.6. The commission may enter into a written agreement with a taxpayer who owns, or is otherwise obligated to pay property taxes on, tangible property that is or will be located in an allocation area established under this chapter in which the taxpayer waives review of any assessment of the taxpayer's tangible property that is located in the allocation area for an assessment date that occurs during the term of any specified bond or lease obligations that are payable from property taxes in accordance with an allocation provision for the allocation area and any applicable statute, ordinance, or resolution. An agreement described in this section may precede the establishment of the allocation area or the determination to issue bonds or enter into leases payable from the allocated property taxes.As added by P.L.249-2015, SEC.28.
IN Code § 36-7-15.1-27 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-27. Crimes and Offenses

Sec. 27. A person who knowingly:(1) applies any money raised under this chapter to any purpose other than those permitted by this chapter; or(2) fails to follow the voucher and warrant procedure prescribed by law in expending any money raised under this chapter;commits a Level 5 felony.As added by Acts 1982, P.L.77, SEC.8. Amended by P.L.158-2013, SEC.676.
IN Code § 36-7-15.1-28 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-28. Planning and Development as Public and Governmental Function; Goals; Public Purpose; Construction

Sec. 28. (a) The planning, replanning, development, and redevelopment of economic development areas are public and governmental functions that cannot be accomplished through the ordinary operations of private enterprise due to:(1) the necessity for the exercise of the power of eminent domain;(2) the necessity for requiring the proper use of the land so as to best serve the interests of the county and its citizens; and(3) the costs of these projects.(b) The planning, replanning, development, and redevelopment of economic development areas will:(1) benefit the health, safety, morals, and welfare;(2) increase the economic well-being of the county and the state; and(3) serve to protect and increase property values in the county and the state.(c) The planning, replanning, development, and redevelopment of economic development areas under this section and sections 29, 30, 57, and 58 of this chapter are public uses and purposes for which public money may be spent and private property may be acquired.(d) This section and sections 29, 30, 57, and 58 of this chapter shall be liberally construed to carry out the purposes of this section.As added by P.L.222-1986, SEC.2. Amended by P.L.102-1999, SEC.3.
IN Code § 36-7-15.1-29 (2021)
2021 Indiana Code|Title 36. Local Government|Article 7. Planning and Development|Chapter 15.1. Redevelopment of Areas in Marion County Needing Redevelopment|36-7-15.1-29. Determination of Economic Development Area; Approval; Requirements; Procedures

Sec. 29. (a) The commission may, by following the procedures set forth in sections 8, 9, and 10 of this chapter, approve a plan for and determine that a geographic area in the redevelopment district is an economic development area. Designation of an economic development area is subject to judicial review in the manner prescribed in section 11 of this chapter.(b) The commission may determine that a geographic area is an economic development area if it finds:(1) the plan for the economic development area:(A) promotes significant opportunities for the gainful employment of its citizens;(B) attracts a major new business enterprise to the unit;(C) retains or expands a significant business enterprise existing in the boundaries of the unit; or(D) meets other purposes of this section and sections 28 and 30 of this chapter;(2) the plan for the economic development area cannot be achieved by regulatory processes or by the ordinary operation of private enterprise without resort to the powers allowed under this section and sections 28 and 30 of this chapter because of:(A) lack of local public improvement;(B) existence of improvements or conditions that lower the value of the land below that of nearby land;(C) multiple ownership of land; or(D) other similar conditions;(3) the public health and welfare will be benefited by accomplishment of the plan for the economic development area;(4) the accomplishment of the plan for the economic development area will be a public utility and benefit as measured by:(A) attraction or retention of permanent jobs;(B) increase in the property tax base;(C) improved diversity of the economic base; or(D) other similar public benefits; and(5) the plan for the economic development area conforms to the comprehensive plan of development for the consolidated city.(c) The determination that a geographic area is an economic development area must be approved by the city-county legislative body. The approval may be given either before or after judicial review is requested. The requirement that the city-county legislative body approve economic development areas does not prevent the commission from amending the plan for the economic development area.As added by P.L.222-1986, SEC.3. Amended by P.L.146-2008, SEC.757; P.L.172-2011, SEC.154.