IC 36-10-3-42 — Hearing; appropriation of proceeds; sale
Chapter 3. General Park and Recreation Law
Section text
Sec. 42. (a) The board shall hold a hearing as required by section 25 of this chapter. The board shall appropriate the proceeds of the bonds as required by law for special taxing district bonds. (b) IC 6-1.1-20-1, IC 6-1.1-20-2, and IC 6-1.1-20-5 apply to the issuance of the bonds. (c) The bonds may be sold at a public sale in accordance with IC 5-1-11 or may be sold at a negotiated sale.
As added by P.L.74-1986, SEC.9. Amended by P.L.25-1995, SEC.92; P.L.125-2018, SEC.9.
Source: official publisher (2026 edition)