CHAPTER 7.7. LEASE OF WILLIAMS DAM - Indiana Statutes

IC 14-27-7.7
     Chapter 7.7. Lease of Williams Dam

IC 14-27-7.7-1
Long term lease for Williams Dam
     Sec. 1. The director may enter into a long term lease of the Williams Dam on the East Fork of the White River in Lawrence County.
As added by P.L.16-2009, SEC.23.

IC 14-27-7.7-2
Lease requirements
     Sec. 2. A lease executed under this chapter must meet the following requirements:
        (1) It must be for the development of hydroelectric power at the Williams Dam Fishing Area.
        (2) It must enhance the recreation and fishing potential of the Williams Dam Fishing Area.
        (3) The initial term of the lease may not exceed forty (40) years.
As added by P.L.16-2009, SEC.23.

IC 14-27-7.7-3
Lease renewal
     Sec. 3. A lease executed under this chapter may provide for renewal at the option of the director, with the approval of the governor.
As added by P.L.16-2009, SEC.23.

IC 14-27-7.7-4
Lease limitations and restrictions
     Sec. 4. A lease executed under this chapter may include any other limitations or restrictions determined necessary by the director.
As added by P.L.16-2009, SEC.23.

IC 14-27-7.7-5
Disposition of lease revenues
     Sec. 5. Revenue from a lease under this chapter shall be used solely for the division of fish and wildlife.
As added by P.L.16-2009, SEC.23.