{"data":{"id":"us-in/ic-8-16-3.5-1","jurisdiction":"us-in","citation":"IC 8-16-3.5-1","heading":"Contracts of lease; taxpayers' petitions","body":"Sec. 1. (a) A county may lease a bridge and pay the lease rental from the cumulative bridge fund and levy under IC 8-16-3.\n(b) A contract of lease may not be entered into unless there is first filed with the county executive a petition for a longer lease, signed by fifty (50) or more taxpaying citizens of the county, and the county executive has, after investigation, determined that a need exists for the bridge. The total annual dollar obligation under all contracts of lease for bridges made by a county may not exceed the county's estimated annual revenue from a cumulative bridge fund levy of twenty cents ($0.20) on each one hundred dollars ($100) on all taxable personal and real property within the county.","path":["TITLE 8. UTILITIES AND TRANSPORTATION","ARTICLE 16. BRIDGES AND TUNNELS","Chapter 3.5. Leasing of Bridges by Counties"],"source_url":"https://iga.in.gov/ic/2026/Title_8.html#8-16-3.5-1","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-04T20:08:46Z","sha256":"64ad66f14b9595380de239534d939e04d9fff0afda2bec3f0bef33b2d3a9ab63","source_id":"us-in","stale":false,"prev":"us-in/ic-8-16-3.1-5","next":"us-in/ic-8-16-3.5-2"},"notice":"GroundRules: Original legal text. Not legal advice."}