Section 5-1.2-6-6 - Authority may lease property to the department of natural resources; lease terms The authority may lease property to the department of natural resources and others. A lease:
(1) may provide for the operation, maintenance, improvement, or renovation of the property;(2) must contain standards for operation, quality of goods and services, and price of goods and services;(3) need not be approved by the attorney general or the governor;(4) may be executed by the:(A) chair or vice chair of the authority; and(B) public finance director; and(5) is binding on the state after advertisement one (1) time a week for two (2) weeks in two (2) newspapers published in Indianapolis. The first publication must be at least fourteen (14) days before a public hearing by the authority, and the proposed lease must be on file in the department of natural resources during the period of publication.Added by P.L. 189-2018,SEC. 25, eff. 7/1/2018.