CHAPTER 11. ACQUISITION AND CONSTRUCTION OF PUBLIC TRANSPORTATION FACILITIES - Indiana Statutes

IC 8-24-11
     Chapter 11. Acquisition and Construction of Public Transportation Facilities

IC 8-24-11-1
Powers supplement other powers granted by law
     Sec. 1. The powers granted under this chapter supplement any other powers granted by another law.
As added by P.L.182-2009(ss), SEC.282.

IC 8-24-11-2
Service division power to construct public transportation facilities; funding
     Sec. 2. A service division may:
        (1) construct or acquire any public transportation facility for use by the district or a service division; and
        (2) acquire funds and interests in and materials for transportation facilities from any transportation agency, including:
            (A) reserve funds;
            (B) employees' pension or retirement funds;
            (C) special funds;
            (D) franchises;
            (E) licenses;
            (F) patents;
            (G) permits; and
            (H) papers and records of the agency.
In making acquisitions from a transportation agency, the district may assume the obligations of the agency regarding its property or public transportation operations.
As added by P.L.182-2009(ss), SEC.282.

IC 8-24-11-3
Service division power to acquire, improve, maintain, lease, and rent facilities within 100 yards of a terminal, station, or other facility of the district
     Sec. 3. A service division may acquire, improve, maintain, lease, and rent facilities, including air rights, that are within one hundred (100) yards of a terminal, station, or other facility of the district. If these facilities generate revenues that exceed their cost to the district, the division must use the excess revenues to improve transportation services or reduce fares for the public.
As added by P.L.182-2009(ss), SEC.282.

IC 8-24-11-4
Service division power to lease property of the district to others
     Sec. 4. A service may lease to others for development or operation all or any part of the property of the district on the terms and conditions as the service board considers advisable.
As added by P.L.182-2009(ss), SEC.282.
IC 8-24-11-5
Service division power to enter agreements with others
     Sec. 5. A service division may enter into an agreement with any other entity to:
        (1) jointly equip, own, lease, and finance projects and facilities; or
        (2) otherwise carry out the purposes of the service division;
in any location.
As added by P.L.182-2009(ss), SEC.282.