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5-1.2-4-4. Additional authority powers; capital improvements; northwest Indiana regional development authority; motorsports investment district

IN Code § 5-1.2-4-4 (2019) (N/A)
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Sec. 4. In addition to the powers listed in section 1 of this chapter, the authority may:

(1) enter into leases and issue bonds under terms and conditions determined by the authority and use the proceeds of the bonds to:

(A) acquire obligations issued by any entity authorized to acquire, finance, construct, or lease capital improvements under IC 5-1-17;

(B) acquire any obligations issued by the northwest Indiana regional development authority established by IC 36-7.5-2-1; or

(C) carry out the purposes of IC 5-1-17.5 within a motorsports investment district; and

(2) perform any other functions determined by the authority to be necessary or appropriate to carry out the purposes of this section.

As added by P.L.189-2018, SEC.25.

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