State Codes and Statutes
Statutes > Indiana > Title8 > Ar15.7 > Ch10IC 8-15.7-10
Chapter 10. Acquisition of Property
IC 8-15.7-10-1
Dedication of public property for qualifying project
Sec. 1. (a) A public entity may dedicate any property interest that
it has for public use as a qualifying project if the public entity finds
that dedication of the property interest will serve the public purpose
of this article. In connection with the dedication, a public entity may
convey any property interest that the public entity has to the operator,
subject to the:
(1) conditions imposed by general law governing conveyances;
and
(2) provisions of this article;
for the consideration that the public entity considers appropriate.
(b) Consideration for a transfer under this section may include an
agreement with the operator to develop, finance, or operate the
qualifying project. The property interests that the public entity may
convey to the operator in connection with a dedication under this
section may include licenses, franchises, easements, or any other
right or interest that the public entity considers appropriate.
As added by P.L.47-2006, SEC.40.
IC 8-15.7-10-2
Leases, licenses, easements, and other grants
Sec. 2. The authority, the department, and an operator may enter
into the leases, licenses, easements, and other grants of property
interests that the department determines necessary to carry out this
article.
As added by P.L.47-2006, SEC.40.
