Ind. Code § 16-22-7-18

Current through P.L. 171-2024

Section 16-22-7-18 - Time for making leases

The county or city may, in anticipation of the construction and erection of buildings, including necessary equipment and appurtenances, enter into a lease with the authority before the acquisition of a site and the construction and erection of the buildings. Rental payments under the lease may not begin until construction is completed and the building is ready for occupancy.

IC 16-22-7-18

Pre-1993 Recodification Citation: 16-12-20.5-11.

As added by P.L. 2-1993, SEC.5.