IC 21-17-6
Chapter 6. Participation in Urban Renewal
IC 21-17-6-1
Applicability of chapter
Sec. 1. This chapter applies to a postsecondary educational
institution (no part of the net earnings inure to the benefit of any
private shareholder or individual) that:
(1) provides:
(A) an educational program for which it awards a
baccalaureate or more advanced degree; or
(B) at least a two (2) year program that is acceptable for full
credit towards a baccalaureate or more advanced degree; and
(2) is accredited by a national accrediting agency or association
or, if not so accredited, a postsecondary educational institution
whose credits are accepted, on transfer, by at least three (3)
accredited postsecondary educational institutions for credit on
the same basis as if transferred from a postsecondary
educational institution that is accredited.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-2
Liberal construction of chapter
Sec. 2. (a) This chapter shall be liberally construed to effectuate
the purposes of this chapter.
(b) This chapter may not be construed as requiring:
(1) municipalities;
(2) redevelopment commissions; or
(3) redevelopment districts;
to participate in any federal cooperation or grants.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-3
Submission of redevelopment plan
Sec. 3. Any qualified entity may prepare and submit to the
redevelopment commission of a municipality a redevelopment plan
for a project area adjacent to or in the immediate vicinity of:
(1) the location of:
(A) the principal buildings of a nonprofit college or
university; or
(B) a major branch of a nonprofit college or university where
teaching or research is done or where students or faculty
live; and
(2) the area of a redevelopment or urban renewal project that
has been or is being undertaken by the redevelopment
commission having jurisdiction over the territory in which the
project area is located.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-4
Redevelopment plan; conformity and requirements
Sec. 4. A redevelopment plan must conform to the:
(1) general plan of the locality as a whole; and
(2) requirements of IC 36-7 with respect to the content of
redevelopment or urban renewal plans.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-5
Redevelopment plan; approval by commission; credit as a local
grant-in-aid
Sec. 5. A redevelopment commission receiving a redevelopment
plan may approve the redevelopment plan and contract with the
submitting qualified entity to carry out the redevelopment plan. The
redevelopment commission may assist the qualified entity to obtain
credit as a local grant-in-aid for the total amount of expenditures
made by the qualified entity that is eligible for reimbursement under
Title 1 of the Housing Act of 1949, as amended.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-6
Redevelopment plan; approval by municipality; hearing; notice
Sec. 6. If a redevelopment plan is approved by the redevelopment
commission, the redevelopment commission shall proceed as
provided by IC 36-7. If a redevelopment plan is approved by the plan
commission of a municipality, the redevelopment commission shall
give notice and hold a public hearing as provided in IC 36-7. If, after
the public hearing, the redevelopment commission determines that
the redevelopment of the project area as proposed will be of public
utility and benefit, the redevelopment commission shall authorize the
qualified entity to proceed with the acquisition and redevelopment of
the property within the project area in accordance with the approved
redevelopment plan.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-7
Implementation of redevelopment plan; qualified entity powers
Sec. 7. To implement an approved redevelopment plan, qualified
entities may:
(1) acquire by purchase, gift, grant, condemnation, or lease any
real estate, interests in real estate, or personal property within
the project area or needed for the redevelopment of the project
area;
(2) clear or contract for the clearance of all real estate acquired
for redevelopment purposes;
(3) repair and maintain existing structures to be included in the
redevelopment plan;
(4) erect new structures or make major structural improvements
on existing buildings; and
(5) sell, lease, or grant parts of the land acquired for
redevelopment purposes to the municipality or other
governmental agency for street, boulevard, levee, sewerage,
park, playground, school, and other public purposes:
(A) on terms and conditions; and
(B) with or without compensation;
as agreed upon.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-8
Grant application
Sec. 8. (a) For purposes of administering an approved
redevelopment plan, a qualified entity is designated as a
redevelopment agency to apply for and receive:
(1) grants under Title 1 of the Housing Act of 1949 (42 U.S.C.
1452b et seq.), as amended; and
(2) all available federal grants that are available for the project
area.
(b) If a qualified entity:
(1) acquired before March 4, 1961, from a redevelopment
commission all or part of lands included within a
redevelopment project that was undertaken before March 4,
1961, by a redevelopment commission under IC 36-7; and
(2) has redeveloped the lands described in subdivision (1) for
educational purposes;
the qualified entity is designated the redevelopment agency to
receive grants under Title 1 of the Housing Act of 1949 (42 U.S.C.
1452b et seq.), as amended, for the project area. The qualified entity
is also eligible to receive all other federal grants that are available for
the project area.
(c) To obtain federal cooperation and any available federal grants,
qualified entities may enter into agreements with the federal
government or the appropriate agency of the federal government.
As added by P.L.2-2007, SEC.258.
IC 21-17-6-9
Cooperation between a municipality or a redevelopment
commission and a qualified entity
Sec. 9. A municipality or a redevelopment commission of a
municipality may cooperate with a qualified entity to carry out an
approved redevelopment plan to the extent that a qualified entity may
agree. A qualified entity is not required to expend any funds or take
any action in respect to the approved redevelopment plan except as
provided in this chapter.
As added by P.L.2-2007, SEC.258.