CHAPTER 7.7. LEASE OF WILLIAMS DAM

IC 14-27-7.7
    Chapter 7.7. Lease of Williams Dam

IC 14-27-7.7-1
Long term lease for Williams Dam
    Sec. 1. The director may enter into a long term lease of theWilliams Dam on the East Fork of the White River in LawrenceCounty.
As added by P.L.16-2009, SEC.23.

IC 14-27-7.7-2
Lease requirements
    Sec. 2. A lease executed under this chapter must meet thefollowing requirements:
        (1) It must be for the development of hydroelectric power at theWilliams Dam Fishing Area.
        (2) It must enhance the recreation and fishing potential of theWilliams Dam Fishing Area.
        (3) The initial term of the lease may not exceed forty (40) years.
As added by P.L.16-2009, SEC.23.

IC 14-27-7.7-3
Lease renewal
    Sec. 3. A lease executed under this chapter may provide forrenewal at the option of the director, with the approval of thegovernor.
As added by P.L.16-2009, SEC.23.

IC 14-27-7.7-4
Lease limitations and restrictions
    Sec. 4. A lease executed under this chapter may include any otherlimitations or restrictions determined necessary by the director.
As added by P.L.16-2009, SEC.23.

IC 14-27-7.7-5
Disposition of lease revenues
    Sec. 5. Revenue from a lease under this chapter shall be usedsolely for the division of fish and wildlife.
As added by P.L.16-2009, SEC.23.