IC 5-1.2-6-8: Authority may acquire interests in land from department of natural resources; park project requirements
Where this section sits in the code
- TITLE 5. STATE AND LOCAL ADMINISTRATION
- ARTICLE 1.2. INDIANA FINANCE AUTHORITY
- Chapter 6. Recreational Development Facilities and Park Projects
Sec. 8. (a) The authority may acquire by:
(1) department of natural resources transfer;
(2) purchase; or
(3) lease;
for nominal or substantial consideration any interest in land, including existing facilities, adjuncts, and appurtenances, that the authority considers necessary or convenient for the acquisition, construction, improvement, or development of a park project.
(b) A park project undertaken by the authority must:
(1) comply with:
(A) the master plan for that property; or
(B) the Indiana outdoor recreation plan approved by the natural resources commission; or
(2) be specifically approved by the natural resources commission.
Collected 2026-09-02T16:11:39Z. Source file · JSON