IC 36-7.5-7-10 — Lake County convention and event center reserve fund; administration
Chapter 7. Lake County Economic Development and Convention Fund
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Section text
Sec. 10. (a) A local county fund known as the Lake County convention and event center reserve fund is established to pay for: (1) additions; (2) refurbishment; and (3) budget shortfalls or other unusual costs; of a convention and event center that is constructed using money from the convention fund under this chapter. (b) The reserve fund consists of: (1) transfers under IC 6-9-2-1.5(c) (as in effect before amendment in the 2026 session of the general assembly); and (2) gifts, grants, donations, or other contributions from any other public or private source. (c) The convention center authority shall administer the reserve fund.
As added by P.L.195-2023, SEC.7. Amended by P.L.44-2026, SEC.28.
Source: official publisher (2026 edition)