CHAPTER 11. ACQUISITION AND CONSTRUCTION OF PUBLIC TRANSPORTATION FACILITIES
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.