IC 12-24-18
Chapter 18. Conveyance of Undeveloped Real Property of State
Institutions in Certain Counties
IC 12-24-18-1 Application of chapter; population of city
Sec. 1. This chapter applies to a city having a population of more
than thirty-nine thousand one hundred (39,100) but less than
forty-six thousand (46,000). As added by P.L.147-1993, SEC.1. Amended by P.L.170-2002,
SEC.82.
IC 12-24-18-2 Applicability of chapter; conditions of real property
Sec. 2. This chapter applies only to real property that satisfies all
of the following conditions:
(1) The real property is owned by the state and under the
control of a state institution.
(2) The real property is undeveloped.
(3) The executive of the city identifies the real property through
a legal description of the property.
(4) The state approves the legal description prepared under
subdivision (3). As added by P.L.147-1993, SEC.1.
IC 12-24-18-3 Conveyance or lease of property to city
Sec. 3. (a) Subject to this section, the state shall convey or lease
the real property to the city.
(b) The conveyance or lease required by this section may be made
in one (1) or more transactions.
(c) The city must use the real property for economic development
projects.
(d) The conveyance or lease shall be made under terms and for the
consideration that is agreed upon between the city and the state.
However, the terms must require that all payments made under the
conveyance or lease must be made directly to and for the use of the
state institution. As added by P.L.147-1993, SEC.1. Amended by P.L.120-1996,
SEC.1.
IC 12-24-18-4 Lease pending conveyance of real property
Sec. 4. The state may lease any of the real property to the city
pending the conveyance of the real property under this chapter. As added by P.L.147-1993, SEC.1.
IC 12-24-18-5 Contracts relating to lease or conveyance; cash rent of farm lands
Sec. 5. (a) The state may enter into appropriate contracts with the
city related to the conveyance or lease of real property under this
chapter.
(b) A contract entered into under this section or a deed given to
the city to convey any of the real property under this chapter may
contain any provision that the state considers necessary if the
provision is consistent with this chapter.
(c) Notwithstanding any lease or conveyance authorized by this
chapter, the state institution shall continue to cash rent the real
property for farming purposes until the city actually begins
development of the real property for an economic development
project. As added by P.L.147-1993, SEC.1.
IC 12-24-18-6 Laws relating to state contracts, leases, and conveyances;
applicability; proceeds
Sec. 6. (a) Except as provided in this chapter, the procedures
required by law for the state to:
(1) enter into contracts affecting the state's real property; or
(2) convey or lease the state's real property;
apply to a contract, conveyance, or lease under this chapter.
(b) Notwithstanding any other law, if the state sells or leases real
property under this chapter, the proceeds from that sale or lease are
reappropriated to the state institution.
(c) The proceeds from the sale or lease of real property under this
chapter may not reduce the amount of state appropriations otherwise
available to the state institution. As added by P.L.147-1993, SEC.1. Amended by P.L.120-1996,
SEC.2.
IC 12-24-18
Chapter 18. Conveyance of Undeveloped Real Property of State
Institutions in Certain Counties
IC 12-24-18-1 Application of chapter; population of city
Sec. 1. This chapter applies to a city having a population of more
than thirty-nine thousand one hundred (39,100) but less than
forty-six thousand (46,000). As added by P.L.147-1993, SEC.1. Amended by P.L.170-2002,
SEC.82.
IC 12-24-18-2 Applicability of chapter; conditions of real property
Sec. 2. This chapter applies only to real property that satisfies all
of the following conditions:
(1) The real property is owned by the state and under the
control of a state institution.
(2) The real property is undeveloped.
(3) The executive of the city identifies the real property through
a legal description of the property.
(4) The state approves the legal description prepared under
subdivision (3). As added by P.L.147-1993, SEC.1.
IC 12-24-18-3 Conveyance or lease of property to city
Sec. 3. (a) Subject to this section, the state shall convey or lease
the real property to the city.
(b) The conveyance or lease required by this section may be made
in one (1) or more transactions.
(c) The city must use the real property for economic development
projects.
(d) The conveyance or lease shall be made under terms and for the
consideration that is agreed upon between the city and the state.
However, the terms must require that all payments made under the
conveyance or lease must be made directly to and for the use of the
state institution. As added by P.L.147-1993, SEC.1. Amended by P.L.120-1996,
SEC.1.
IC 12-24-18-4 Lease pending conveyance of real property
Sec. 4. The state may lease any of the real property to the city
pending the conveyance of the real property under this chapter. As added by P.L.147-1993, SEC.1.
IC 12-24-18-5 Contracts relating to lease or conveyance; cash rent of farm lands
Sec. 5. (a) The state may enter into appropriate contracts with the
city related to the conveyance or lease of real property under this
chapter.
(b) A contract entered into under this section or a deed given to
the city to convey any of the real property under this chapter may
contain any provision that the state considers necessary if the
provision is consistent with this chapter.
(c) Notwithstanding any lease or conveyance authorized by this
chapter, the state institution shall continue to cash rent the real
property for farming purposes until the city actually begins
development of the real property for an economic development
project. As added by P.L.147-1993, SEC.1.
IC 12-24-18-6 Laws relating to state contracts, leases, and conveyances;
applicability; proceeds
Sec. 6. (a) Except as provided in this chapter, the procedures
required by law for the state to:
(1) enter into contracts affecting the state's real property; or
(2) convey or lease the state's real property;
apply to a contract, conveyance, or lease under this chapter.
(b) Notwithstanding any other law, if the state sells or leases real
property under this chapter, the proceeds from that sale or lease are
reappropriated to the state institution.
(c) The proceeds from the sale or lease of real property under this
chapter may not reduce the amount of state appropriations otherwise
available to the state institution. As added by P.L.147-1993, SEC.1. Amended by P.L.120-1996,
SEC.2.
IC 12-24-18
Chapter 18. Conveyance of Undeveloped Real Property of State
Institutions in Certain Counties
IC 12-24-18-1 Application of chapter; population of city
Sec. 1. This chapter applies to a city having a population of more
than thirty-nine thousand one hundred (39,100) but less than
forty-six thousand (46,000). As added by P.L.147-1993, SEC.1. Amended by P.L.170-2002,
SEC.82.
IC 12-24-18-2 Applicability of chapter; conditions of real property
Sec. 2. This chapter applies only to real property that satisfies all
of the following conditions:
(1) The real property is owned by the state and under the
control of a state institution.
(2) The real property is undeveloped.
(3) The executive of the city identifies the real property through
a legal description of the property.
(4) The state approves the legal description prepared under
subdivision (3). As added by P.L.147-1993, SEC.1.
IC 12-24-18-3 Conveyance or lease of property to city
Sec. 3. (a) Subject to this section, the state shall convey or lease
the real property to the city.
(b) The conveyance or lease required by this section may be made
in one (1) or more transactions.
(c) The city must use the real property for economic development
projects.
(d) The conveyance or lease shall be made under terms and for the
consideration that is agreed upon between the city and the state.
However, the terms must require that all payments made under the
conveyance or lease must be made directly to and for the use of the
state institution. As added by P.L.147-1993, SEC.1. Amended by P.L.120-1996,
SEC.1.
IC 12-24-18-4 Lease pending conveyance of real property
Sec. 4. The state may lease any of the real property to the city
pending the conveyance of the real property under this chapter. As added by P.L.147-1993, SEC.1.
IC 12-24-18-5 Contracts relating to lease or conveyance; cash rent of farm lands
Sec. 5. (a) The state may enter into appropriate contracts with the
city related to the conveyance or lease of real property under this
chapter.
(b) A contract entered into under this section or a deed given to
the city to convey any of the real property under this chapter may
contain any provision that the state considers necessary if the
provision is consistent with this chapter.
(c) Notwithstanding any lease or conveyance authorized by this
chapter, the state institution shall continue to cash rent the real
property for farming purposes until the city actually begins
development of the real property for an economic development
project. As added by P.L.147-1993, SEC.1.
IC 12-24-18-6 Laws relating to state contracts, leases, and conveyances;
applicability; proceeds
Sec. 6. (a) Except as provided in this chapter, the procedures
required by law for the state to:
(1) enter into contracts affecting the state's real property; or
(2) convey or lease the state's real property;
apply to a contract, conveyance, or lease under this chapter.
(b) Notwithstanding any other law, if the state sells or leases real
property under this chapter, the proceeds from that sale or lease are
reappropriated to the state institution.
(c) The proceeds from the sale or lease of real property under this
chapter may not reduce the amount of state appropriations otherwise
available to the state institution. As added by P.L.147-1993, SEC.1. Amended by P.L.120-1996,
SEC.2.
