CHAPTER 8. CAPITAL IMPROVEMENT BOARDS IN CERTAIN COUNTIES
IC 36-10-8
Chapter 8. Capital Improvement Boards in Certain Counties
IC 36-10-8-1
Application of chapter
Sec. 1. This chapter applies to all counties not having aconsolidated city.
As added by Acts 1982, P.L.218, SEC.3. Amended by P.L.16-1983,SEC.22.
IC 36-10-8-2
Definitions
Sec. 2. As used in this chapter:
"Board" refers to a capital improvement board of managerssubject to or created under this chapter.
"Net income" means the gross income after deducting:
(1) the necessary operational expenses of the board inperforming its duties (the expenses not to exceed the amountbudgeted or approved); and
(2) any reserve provided for in the budget.
As added by Acts 1982, P.L.218, SEC.3.
IC 36-10-8-3
Continuation; creation; authority to finance capital improvements
Sec. 3. (a) If a county had in existence on January 1, 1982, acapital improvement board of managers that was created underIC 18-7-18 (before its repeal on February 24, 1982), that boardcontinues to exist and is subject to this chapter. In any other countyto which this chapter applies, a capital improvement board ofmanagers may be created by ordinance of the county legislativebody.
(b) A county to which this chapter applies may finance, construct,equip, operate, and maintain a capital improvement under thischapter.
As added by Acts 1982, P.L.218, SEC.3. Amended by P.L.213-1986,SEC.11; P.L.163-1987, SEC.8; P.L.3-1990, SEC.143.
IC 36-10-8-4
Membership; terms; vacancies; removal; oath; reimbursement ofexpenses
Sec. 4. (a) The board is composed of seven (7) members.
(b) The county executive shall determine in the creating ordinancewhich units within the county shall make appointments to the board.In addition, the creating ordinance must provide that no more thanfour (4) of the members be affiliated with the same political party.The creating ordinance must also provide staggered terms for theappointments.
(c) Notwithstanding subsection (b), if a board was created underIC 18-7-18 (before its repeal on February 24, 1982), three (3)members shall be appointed by the executive of the second class city
and three (3) members shall be appointed by the executive of thecounty. Those members shall select the seventh member, who servesas president. One (1) of the members appointed by the city executivemust be engaged in the hotel or motel business in the city. No morethan two (2) of the members appointed by the city executive may beaffiliated with the same political party and no more than two (2) ofthe members appointed by the county executive may be affiliatedwith the same political party. In addition, each member must havebeen a resident of the county for at least one (1) year immediatelypreceding his appointment. Initial terms of the members are asfollows:
(1) One (1) of the members appointed by each appointingauthority for a term ending January 15 of the year following theappointment.
(2) Two (2) of the members appointed by each appointingauthority for a term ending January 15 of the second yearfollowing the appointment.
(3) The seventh member serves for a term ending January 15 ofthe second year following the appointment.
(d) Subsequent terms of members are for two (2) years beginningon January 15 and until a successor is appointed and qualified. Amember may be reappointed after his term has expired.
(e) If a vacancy occurs on the board, the appointing authority shallappoint a new member. That member serves for the remainder of thevacated term.
(f) A board member may be removed for cause by the appointingauthority who appointed him.
(g) Each member, before entering upon his duties, shall take andsubscribe an oath of office in the usual form. The oath shall beendorsed upon his certificate of appointment. The certificate shall bepromptly filed with the records of the board. However, if the boardwas created under IC 18-7-18 (before its repeal on February 24,1982), the certificate shall be filed with the clerk of the circuit courtof the county in which the board is created.
(h) A member may not receive a salary, but is entitled toreimbursement for any expenses necessarily incurred in theperformance of his duties.
As added by Acts 1982, P.L.218, SEC.3. Amended by P.L.163-1987,SEC.9; P.L.3-1990, SEC.144; P.L.176-2009, SEC.27.
IC 36-10-8-5
Organizational meeting; officers; bylaws; quorum; approval ofactions
Sec. 5. (a) Immediately after January 15 each year, the board shallhold an organizational meeting. They shall elect one (1) of themembers vice president, another secretary, and another treasurer toperform the duties of those offices. The officers serve from the dateof their election until their successors are elected and qualified.
(b) The members may adopt the bylaws and rules that theyconsider necessary for the proper conduct of their duties and the
safeguarding of the funds and property entrusted to their care. Amajority of the members constitutes a quorum, and the concurrenceof a majority of the board is necessary to authorize any action.
As added by Acts 1982, P.L.218, SEC.3.
IC 36-10-8-6
Name; powers
Sec. 6. The board may, acting under the name "(name of county)county capital improvement board of managers", or, if the board wascreated under IC 18-7-18 (before its repeal on February 24, 1982),"(name of the county) and (name of the city) capital improvementboard of managers", do the following:
(1) Acquire by grant, purchase, gift, devise, lease, or otherwise,and hold, use, sell, lease, or dispose of, real and personalproperty and any rights and interests in it necessary orconvenient for the exercise of its powers under this chapter.
(2) Construct, reconstruct, repair, remodel, enlarge, extend, oradd to any capital improvement under this chapter andcondemn, appropriate, lease, rent, purchase, and hold any realproperty, rights-of-way, materials, or personal property neededfor the purposes of this chapter, even if it is already held for agovernmental or public use.
(3) Control and operate a capital improvement, and receive andcollect money due to the operation or otherwise relating to thecapital improvement, including employing an executivemanager and other agents and employees that are necessary forthe acquisition, construction, and proper operation of theimprovements and fixing the compensation of all employeeswith a contract of employment or other arrangement terminableat the will of the board. However, a contract may be enteredinto with an executive manager and associate manager for aperiod not longer than four (4) years at one (1) time and may beextended from time to time for the same or shorter periods.
(4) Let concessions for the operation of restaurants, cafeterias,public telephones, news and cigar stands, vending machines,caterers, and all other services considered necessary ordesirable for the operation of a capital improvement.
(5) Lease a capital improvement or a part of it to anyassociation, corporation, or individual, with or without the rightto sublet.
(6) Fix charges and establish rules and regulations governingthe use of a capital improvement.
(7) Accept gifts or contributions from individuals, corporations,limited liability companies, partnerships, associations, trusts, orfoundations and funds, loans, or advances on the terms that theboard considers necessary or desirable from the United States,the state, or a political subdivision or department of either,including entering into and carrying out contracts andagreements in connection with this subdivision.
(8) Acquire the site for a capital improvement, or a part of a site
by conveyance from the redevelopment commission of a citywithin the county in which the board is created or from anyother source, on the terms that may be agreed upon.
(9) If the board was created under IC 18-7-18 (before its repealon February 24, 1982), exercise within and in the name of thecounty the power of eminent domain under general statutesgoverning the exercise of the power for a public purpose.
(10) Receive and collect all money due for the use or leasing ofa capital improvement and from concessions and othercontracts, and expend the money for proper purposes, but anyemployees or members of the board authorized to receive,collect, and expend money must be covered by a fidelity bond,the amount of which shall be fixed by the board. Funds may notbe disbursed by an employee or member of the board withoutprior specific approval by the board.
(11) Provide coverage for its employees under IC 22-3 andIC 22-4.
(12) Purchase public liability and other insurance considereddesirable.
(13) Make and enter into all contracts and agreements necessaryor incidental to the performance of its duties and the executionof its powers under this chapter, including the enforcement ofthem.
(14) Maintain and repair a capital improvement and allequipment and facilities that are a part of it, including theemployment of a building superintendent and other employeesthat are necessary to maintain the capital improvement.
(15) Sue and be sued in its own name, service of process beinghad upon the president or vice president of the board or byleaving a copy at the board's office.
(16) Prepare and publish descriptive material and literaturerelating to the facilities and advantages of a capitalimprovement and do all other acts that the board considersnecessary to promote and publicize the capital improvement andserve the commercial, industrial, and cultural interests ofIndiana and its citizens by the use of the capital improvement.It may assist and cooperate with public, governmental, andprivate agencies and groups for these purposes.
(17) Promote the development and growth of the conventionand visitor industry in the county.
(18) Transfer money from the capital improvement fundestablished by this chapter to any Indiana not-for-profitcorporation for the promotion and encouragement ofconventions, trade shows, visitors, and special events in thecounty.
As added by Acts 1982, P.L.218, SEC.3. Amended by P.L.3-1990,SEC.145; P.L.8-1993, SEC.519; P.L.176-2009, SEC.28.
IC 36-10-8-7
Additional powers Sec. 7. The board may hire architects, engineers, accountants,attorneys, and consultants in connection with the preparation of plansand specifications for a capital improvement and its financing,paying for it as provided under section 12 of this chapter. Theacquisition of a site for a capital improvement, the adoption of plansand specifications, the advertising for bids, and the awarding ofcontracts for the erection or equipping of the capital improvementshall be done by the board under statutes governing these activitiesby cities or counties. Title to or interest in any property acquiredshall be held in the board's name, and the board has complete andexclusive authority to sell, lease, or dispose of it and to execute allconveyances, leases, contracts, and other instruments in connectionwith it.
As added by Acts 1982, P.L.218, SEC.3.
IC 36-10-8-8
Budget; preparation; review
Sec. 8. The board shall prepare a budget for each calendar yearcovering the projected operating expenses, estimated income, andreasonable reserves. It shall submit the budget for review, approval,or rejection to the fiscal body of the county and, if the board wascreated under IC 18-7-18 (before its repeal on February 24, 1982),also the fiscal body of the second class city. The board may makeexpenditures only as provided in the budget as approved, unlessadditional expenditures are approved by the respective fiscal bodies.
As added by Acts 1982, P.L.218, SEC.3. Amended by P.L.3-1990,SEC.146.
IC 36-10-8-9
Deposit of net income from operation of capital improvements
Sec. 9. The net income received by the board from the operationof capital improvements under this chapter shall be depositedsemiannually on June 1 and December 1 in the capital improvementfund provided in section 12 of this chapter. However, if there arebonds outstanding, the net income from the convention center shallbe deposited in the capital improvement bond fund provided insection 13 of this chapter.
As added by Acts 1982, P.L.218, SEC.3.
IC 36-10-8-10
Payment of certain operational expenses from capital improvementfund
Sec. 10. All operational expenses actually incurred by the boardwithin the approved budget necessary to be paid before the receipt ofincome by the board from the leasing or use of a capitalimprovement, and any expenses that cannot be paid from that incomebecause of an excess of expenses over income, shall be met and paidby funds in the capital improvement fund.
As added by Acts 1982, P.L.218, SEC.3.
IC 36-10-8-11
Handling and expenditure of funds; treasurer; controller; reports;audits
Sec. 11. (a) The treasurer of the board is the official custodian ofall funds and assets of the board and is responsible for theirsafeguarding and accounting. He shall give bond for the faithfulperformance and discharge of all duties required of him by law in theamount and with surety and other conditions that may be prescribedand approved by the board. All funds and assets in the capitalimprovement fund and the capital improvement bond fund created bythis chapter and all other funds, assets, and tax revenues held,collected, or received by the treasurer of the county for the use of theboard shall be promptly remitted and paid over by him to thetreasurer of the board, who shall issue receipts for them.
(b) The treasurer of the board shall deposit all money coming intohis hands as required by this chapter and IC 6-7-1-30.1, and inaccordance with general statutes relating to the deposit of publicfunds. Money so deposited may be invested and reinvested by thetreasurer in accordance with IC 5-13 and in securities that the boardspecifically directs. All interest and other income earned oninvestments becomes a part of the particular fund from which themoney was invested. All funds invested and fully safeguarded andsecured as provided in IC 5-13-9 are exempt from assessments underIC 5-13-12.
(c) The board shall appoint a controller to act as the auditor andassistant treasurer of the board. He shall serve as the officialcustodian of all books of account and other financial records of theboard and has the same powers and duties as the treasurer of theboard or the lesser powers and duties that the board prescribes. Thecontroller, and any other employee or member of the boardauthorized to receive, collect, or expend money, shall give bond forthe faithful performance and discharge of all duties required of himin the amount and with surety and other conditions that may beprescribed and approved by the board. He shall keep an accurateaccount of all money due the board and of all money received,invested, and disbursed in accordance with generally recognizedgovernmental accounting principles and procedure. All accountingforms and records shall be prescribed or approved by the state boardof accounts.
(d) The controller shall issue all warrants for the payment ofmoney from the funds of the board in accordance with proceduresprescribed by the board, but a warrant may not be issued for thepayment of a claim until an itemized and verified statement of theclaim has been filed with the controller, who may require evidencethat all amounts claimed are justly due. All warrants shall becountersigned by the treasurer of the board or by the executivemanager. Payroll and similar warrants may be executed withfacsimile signatures.
(e) If there are bonds outstanding issued under this chapter, thecontroller shall deposit with the paying agent or officer within a
reasonable period before the date that any principal or interestbecomes due sufficient money for the payment of the principal andinterest on the due dates.
(f) At least annually the controller shall submit to the board areport of his accounts exhibiting the revenues, receipts, anddisbursements and the sources from which the revenues and receiptswere derived and the purpose and manner in which they weredisbursed. The board may require that the report be prepared by anindependent certified public accountant designated by the board. Thehandling and expenditure of funds is subject to audit and supervisionby the state board of accounts.
As added by Acts 1982, P.L.218, SEC.3. Amended by P.L.19-1987,SEC.56.
IC 36-10-8-12
Capital improvement fund; deposit of tax revenues; expenditures
Sec. 12. Unless there are bonds outstanding under this chapter,any tax revenues received by the board from the treasurer of the stateas provided by law shall be deposited in a separate and distinct fundcalled the "capital improvement fund". Any money in the fund maybe expended by the board without the necessity of an appropriationto pay:
(1) operating expenses and maintain reasonable reserves;
(2) for services of architects, engineers, accountants, attorneys,and consultants;
(3) for all or part of the cost of a capital improvement;
(4) the principal on, or interest of, any bonds issued under thischapter that cannot be paid from money in the capitalimprovement bond fund; or
(5) for any other purpose that has been budgeted and approvedunder section 8 of this chapter.
As added by Acts 1982, P.L.218, SEC.3.
IC 36-10-8-13
Capital improvement bond fund; amount of revenue to bedeposited; excess revenues; use of funds
Sec. 13. (a) If there are bonds outstanding issued under section 14of this chapter, the treasurer of the board shall deposit in a separateand distinct fund called the "capital improvement bond fund" all taxrevenues received as provided by law until there are sufficient fundsfrom those tax revenues, the proceeds of the bonds, or both of thesesources, in the capital improvement bond fund to provide the amountrequired by the resolution or resolutions or trust agreement oragreements pursuant to which the bonds are issued. The treasurer ofthe board shall then deposit sufficient tax revenues in the fund tomaintain such amounts in the fund as are required by the resolutionor resolutions or trust agreement or agreements. The variousaccounts within the capital improvement bond fund shall be held bythe treasurer of the board or by an escrow agent, depository, ortrustee as may be provided in the resolution or resolutions or trust
agreement or agreements pursuant to which the bonds are issued.
(b) Any excess tax revenues not required by this section to bedeposited in the capital improvement bond fund shall be depositedin the capital improvement fund, or, in the discretion of the board, inany special fund that may be established by the board for thepayment of principal and interest on any bonds outstanding issuedunder this chapter. Amounts in the capital improvement bond fundshall be applied to the payment of principal of the bonds and theinterest on them and to no other purpose.
As added by Acts 1982, P.L.218, SEC.3.
IC 36-10-8-14
Revenue bonds; authority to issue; procedure
Sec. 14. (a) A capital improvement may be financed in whole orin part by the issuance of revenue bonds payable solely out of the netincome received from the operation of a capital improvement andfrom the tax revenues provided by law that are required by thischapter to be deposited in the capital improvement bond fund.
(b) If the board desires to finance a capital improvement in wholeor in part as provided in this section, it shall adopt a resolutionauthorizing the issuance of revenue bonds. The resolution must statethe date or dates on which the principal of the bonds will mature (notexceeding forty (40) years from the date of issuance), the maximuminterest rate to be paid, and the other terms upon which the bondswill be issued.
(c) The board shall submit the resolution to the county executive,or, if the board was created under IC 18-7-18 (before its repeal onFebruary 24, 1982), to the executive of the second class city, whoshall review it. If the executive approves the resolution, then theboard shall take all actions necessary to issue bonds in accordancewith the resolution. The board may enter into a trust agreement witha trust company as trustee for the bondholders. An action to contestthe validity of bonds to be issued under this section may not bebrought after the fifteenth day following the receipt of bids for thebonds.
(d) The bonds shall be sold at public sale in accordance withIC 5-1-11. All bonds and interest are exempt from taxation in Indianato the extent provided in IC 6-8-5.
(e) When issuing revenue bonds, the board may covenant with thepurchasers of the bonds that any funds in the capital improvementfund may be used to pay the principal on, or interest of, the bondsthat cannot be paid from money in the capital improvement bondfund.
(f) The revenue bonds may be made redeemable before maturityat the price or prices and under the terms that are determined by theboard in the authorizing resolution. The board shall determine theform of bonds, including any interest coupons to be attached, andshall fix the denomination or denominations of the bonds and theplace or places of payment of the principal and interest, which maybe at any bank or trust company within or outside Indiana. All bonds
must have all the qualities and incidents of negotiable instrumentsunder statute. Provision may be made for the registration of any ofthe bonds as to principal alone or to both principal and interest.
(g) The revenue bonds shall be issued in the board's name andmust recite on the face that the principal of and interest on the bondsis payable solely from the net income received from the operation ofthe capital improvement or from the net income and other fundsmade available for this purpose. The bonds shall be executed by themanual or facsimile signature of the president of the board, and theseal of the county shall be affixed to them. The seal shall be attestedby the manual or facsimile signature of the county auditor. Anycoupons attached must bear the facsimile signature of the presidentof the board.
(h) This chapter constitutes full and complete authority for theissuance of revenue bonds. No law, procedure, proceedings,publications, notices, consents, approvals, orders, acts, or things bythe board or any other officer, department, agency, or instrumentalityof the state, the county, or any municipality is required to issue anyrevenue bonds except as may be prescribed in this chapter.
(i) Revenue bonds issued under this section are legal investmentsfor private trust funds and the funds of banks, trust companies,insurance companies, building and loan associations, credit unions,banks of discount and deposit, savings banks, loan and trust and safedeposit companies, rural loan and savings associations, guaranty loanand savings associations, mortgage guaranty companies, small loancompanies, industrial loan and investment companies, and otherfinancial institutions organized under statute.
As added by Acts 1982, P.L.218, SEC.3. Amended by P.L.3-1990,SEC.147; P.L.42-1993, SEC.99.
IC 36-10-8-15
Bonds; covenant with purchasers; continuation of statute
Sec. 15. The Indiana general assembly covenants with thepurchasers of any bonds issued under this chapter that the statuteauthorizing the levy of a specific tax within the county the proceedsof which are required by this chapter to be deposited in a specificfund created under this chapter will not be repealed, amended, oraltered in any manner that would reduce or adversely affect the levyand collection of the tax levied, or reduce the rates or amounts of thetax, as long as the principal of, or interest on, any bonds is unpaid.The board, on behalf of the county, is authorized to make a similarpledge or covenant in any agreement with the purchasers of anybonds issued under this chapter or in any resolution or trustagreement pursuant to which the bonds are issued.
As added by Acts 1982, P.L.218, SEC.3.
IC 36-10-8-16
General obligation bonds; authority to issue; procedure
Sec. 16. (a) A capital improvement may be financed in whole orin part by the issuance of general obligation bonds of the county or,
if the board was created under IC 18-7-18 (before its repeal onFebruary 24, 1982), also of the city, if the board determines that theestimated annual net income of the capital improvement, plus theestimated annual tax revenues to be derived from any tax revenuesmade available for this purpose, will not be sufficient to satisfy andpay the principal of and interest on all bonds issued under thischapter, including the bonds then proposed to be issued.
(b) If the board desires to finance a capital improvement in wholeor in part as provided in this section, it shall have prepared aresolution to be adopted by the county executive authorizing theissuance of general obligation bonds, or, if the board was createdunder IC 18-7-18 (before its repeal on February 24, 1982), by thefiscal body of the city authorizing the issuance of general obligationbonds. The resolution must set forth an itemization of the funds andassets received by the board, together with the board's valuation andcertification of the cost. The resolution must state the date or dateson which the principal of the bonds is payable, the maximum interestrate to be paid, and the other terms upon which the bonds shall beissued. The board shall submit the proposed resolution to the properofficers, together with a certificate to the effect that the issuance ofbonds in accordance with the resolution will be in compliance withthis section. The certificate must also state the estimated annual netincome of the capital improvement to be financed by the bonds, theestimated annual tax revenues, and the maximum amount payable inany year as principal and interest on the bonds issued under thischapter, including the bonds proposed to be issued, at the maximuminterest rate set forth in the resolution. The bonds issued may matureover a period not exceeding forty (40) years from the date of issue.
(c) Upon receipt of the resolution and certificate, the properofficers may adopt them and take all action necessary to issue thebonds in accordance with the resolution. An action to contest thevalidity of bonds issued under this section may not be brought afterthe fifteenth day following the receipt of bids for the bonds.
(d) The provisions of all general statutes relating to:
(1) the filing of a petition requesting the issuance of bonds andgiving notice;
(2) the right of:
(A) taxpayers and voters to remonstrate against the issuanceof bonds in the case of a proposed bond issue described byIC 6-1.1-20-3.1(a); or
(B) voters to vote on the issuance of bonds in the case of aproposed bond issue described by IC 6-1.1-20-3.5(a);
(3) the giving of notice of the determination to issue bonds;
(4) the giving of notice of a hearing on the appropriation of theproceeds of bonds;
(5) the right of taxpayers to appear and be heard on theproposed appropriation;
(6) the approval of the appropriation by the department of localgovernment finance; and
(7) the sale of bonds at public sale;apply to the issuance of bonds under this section.
As added by Acts 1982, P.L.218, SEC.3. Amended by P.L.3-1990,SEC.148; P.L.90-2002, SEC.520; P.L.219-2007, SEC.146;P.L.146-2008, SEC.796; P.L.176-2009, SEC.29.
IC 36-10-8-17
Bonds; application of proceeds to construction cost; deposit inreserve subaccount
Sec. 17. (a) All money received from any bonds issued under thischapter shall be applied solely to the payment of the constructioncost of the capital improvement for which the bonds are issued. Thecost may include:
(1) planning and development of the capital improvement andall buildings, facilities, structures, and improvements related toit;
(2) acquisition of a site and clearing and preparing the site forconstruction;
(3) equipment, facilities, structures, and improvements that theboard considers necessary or desirable to make the capitalimprovement suitable for use and operation;
(4) architectural, engineering, consultant, and attorney fees;
(5) incidental expenses in connection with the issuance and saleof bonds; and
(6) interest during construction.
(b) To the extent authorized and directed in any resolution of theboard or in any trust agreement providing for the issuance of bondsunder section 14 of this chapter, proceeds of these bonds may bedeposited in the reserve subaccount of the capital improvement bondfund established under section 13 of this chapter. However, theamount deposited, when added to any amount in that subaccount,may not exceed the maximum amount required to be in thesubaccount by section 14 of this chapter, taking into considerationthe bonds then being issued.
As added by Acts 1982, P.L.218, SEC.3.
IC 36-10-8-18
Tax exemption
Sec. 18. All property owned or used and all income and revenuesreceived by the board are exempt from special assessments andtaxation in Indiana for all purposes.
As added by Acts 1982, P.L.218, SEC.3.
IC 36-10-8-19
Joint and cooperative planning, financing, construction, operation,and maintenance agreements
Sec. 19. The board and the state, any department, agency, orcommission of the state, or any department, agency, or commissionof municipal or county government may enter into agreements,contracts, or leases with each other on the terms that are agreed upon,providing for joint and cooperative planning, financing, construction,
operation, or maintenance of a capital improvement or of thebuildings, facilities, structures, or improvements that are necessaryor desirable in connection with the use and operation of a capitalimprovement. The buildings, facilities, structures, or improvementsmay include:
(1) facilities for the comfort of visitors and other persons usingthe capital improvement;
(2) parking lots and garages;
(3) walks and pedestrian ways;
(4) landscaping, lighting, and beautification; and
(5) open spaces, malls, or plazas desirable to produce a unifiedarchitectural and artistic setting for the capital improvement.
As added by Acts 1982, P.L.218, SEC.3.
IC 36-10-8-20
Dissolution of boards created under IC 18-7-18; escheat of funds
Sec. 20. (a) This section applies only to a board that was createdunder IC 18-7-18 (before its repeal on February 24, 1982).
(b) If the board is dissolved voluntarily or involuntarily, any fundsin the possession of the board or to the credit of the board in thepossession of the state escheat to the general fund of the county.
As added by Acts 1982, P.L.218, SEC.3. Amended by P.L.3-1990,SEC.149.
IC 36-10-8-21
Capital improvement board of managers operations; annual report
Sec. 21. (a) This section applies only to a board that was createdunder IC 18-7-18 (before its repeal on February 24, 1982).
(b) On or before March 31 each year, the executive manager shallsubmit to the board an annual report of the operations of theconvention and visitor center.
As added by P.L.176-2009, SEC.30.