IC 4-12-14-8: Components of sublease payments

Sec. 8. The sublease rental payments under a sublease entered into under this chapter may include amounts payable for:

(1) the operation and management of the Columbus Learning Center;

(2) maintenance, repair, or replacement reserves necessary or appropriate to keep the Columbus Learning Center in good operating order; and

(3) repayment of the principal of and interest on the lease rental revenue bonds, subject to the limitations set forth in section 6 of this chapter.