CHAPTER 6. PARTICIPATION IN URBAN RENEWAL
IC 21-17-6
Chapter 6. Participation in Urban Renewal
IC 21-17-6-1
Applicability of chapter
Sec. 1. This chapter applies to a postsecondary educationalinstitution (no part of the net earnings inure to the benefit of anyprivate shareholder or individual) that:
(1) provides:
(A) an educational program for which it awards abaccalaureate or more advanced degree; or
(B) at least a two (2) year program that is acceptable for fullcredit towards a baccalaureate or more advanced degree; and
(2) is accredited by a national accrediting agency or associationor, if not so accredited, a postsecondary educational institutionwhose credits are accepted, on transfer, by at least three (3)accredited postsecondary educational institutions for credit onthe same basis as if transferred from a postsecondaryeducational institution that is accredited.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-2
Liberal construction of chapter
Sec. 2. (a) This chapter shall be liberally construed to effectuatethe purposes of this chapter.
(b) This chapter may not be construed as requiring:
(1) municipalities;
(2) redevelopment commissions; or
(3) redevelopment districts;
to participate in any federal cooperation or grants.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-3
Submission of redevelopment plan
Sec. 3. Any qualified entity may prepare and submit to theredevelopment commission of a municipality a redevelopment planfor a project area adjacent to or in the immediate vicinity of:
(1) the location of:
(A) the principal buildings of a nonprofit college oruniversity; or
(B) a major branch of a nonprofit college or university whereteaching or research is done or where students or facultylive; and
(2) the area of a redevelopment or urban renewal project thathas been or is being undertaken by the redevelopmentcommission having jurisdiction over the territory in which theproject area is located.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-4 Redevelopment plan; conformity and requirements
Sec. 4. A redevelopment plan must conform to the:
(1) general plan of the locality as a whole; and
(2) requirements of IC 36-7 with respect to the content ofredevelopment or urban renewal plans.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-5
Redevelopment plan; approval by commission; credit as a localgrant-in-aid
Sec. 5. A redevelopment commission receiving a redevelopmentplan may approve the redevelopment plan and contract with thesubmitting qualified entity to carry out the redevelopment plan. Theredevelopment commission may assist the qualified entity to obtaincredit as a local grant-in-aid for the total amount of expendituresmade by the qualified entity that is eligible for reimbursement underTitle 1 of the Housing Act of 1949, as amended.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-6
Redevelopment plan; approval by municipality; hearing; notice
Sec. 6. If a redevelopment plan is approved by the redevelopmentcommission, the redevelopment commission shall proceed asprovided by IC 36-7. If a redevelopment plan is approved by the plancommission of a municipality, the redevelopment commission shallgive notice and hold a public hearing as provided in IC 36-7. If, afterthe public hearing, the redevelopment commission determines thatthe redevelopment of the project area as proposed will be of publicutility and benefit, the redevelopment commission shall authorize thequalified entity to proceed with the acquisition and redevelopment ofthe property within the project area in accordance with the approvedredevelopment plan.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-7
Implementation of redevelopment plan; qualified entity powers
Sec. 7. To implement an approved redevelopment plan, qualifiedentities may:
(1) acquire by purchase, gift, grant, condemnation, or lease anyreal estate, interests in real estate, or personal property withinthe project area or needed for the redevelopment of the projectarea;
(2) clear or contract for the clearance of all real estate acquiredfor redevelopment purposes;
(3) repair and maintain existing structures to be included in theredevelopment plan;
(4) erect new structures or make major structural improvementson existing buildings; and
(5) sell, lease, or grant parts of the land acquired forredevelopment purposes to the municipality or other
governmental agency for street, boulevard, levee, sewerage,park, playground, school, and other public purposes:
(A) on terms and conditions; and
(B) with or without compensation;
as agreed upon.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-8
Grant application
Sec. 8. (a) For purposes of administering an approvedredevelopment plan, a qualified entity is designated as aredevelopment agency to apply for and receive:
(1) grants under Title 1 of the Housing Act of 1949 (42 U.S.C.1452b et seq.), as amended; and
(2) all available federal grants that are available for the projectarea.
(b) If a qualified entity:
(1) acquired before March 4, 1961, from a redevelopmentcommission all or part of lands included within aredevelopment project that was undertaken before March 4,1961, by a redevelopment commission under IC 36-7; and
(2) has redeveloped the lands described in subdivision (1) foreducational purposes;
the qualified entity is designated the redevelopment agency toreceive grants under Title 1 of the Housing Act of 1949 (42 U.S.C.1452b et seq.), as amended, for the project area. The qualified entityis also eligible to receive all other federal grants that are available forthe project area.
(c) To obtain federal cooperation and any available federal grants,qualified entities may enter into agreements with the federalgovernment or the appropriate agency of the federal government.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-9
Cooperation between a municipality or a redevelopmentcommission and a qualified entity
Sec. 9. A municipality or a redevelopment commission of amunicipality may cooperate with a qualified entity to carry out anapproved redevelopment plan to the extent that a qualified entity mayagree. A qualified entity is not required to expend any funds or takeany action in respect to the approved redevelopment plan except asprovided in this chapter.
As added by P.L.2-2007, SEC.258.