14-13-1-29. Creation of fund

IN Code § 14-13-1-29 (2019) (N/A)
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Sec. 29. (a) The White River park development fund is created. The commission shall make expenditures from the fund only to accomplish the purposes of this chapter, including the acquisition of real property and interests in real property as the site for projects of the commission and the construction of facilities, betterments, and improvements within the projects.

(b) The commission shall do the following:

(1) Hold the fund in the name of the commission.

(2) Administer the fund.

(3) Make all expenditures from the fund.

(c) The money in the fund at the end of a fiscal year remains in the fund and does not revert to any other fund.

[Pre-1995 Recodification Citation: 14-6-29-9.]

As added by P.L.1-1995, SEC.6.