A proposed conservancy district may be established as a reservoir conservancy district under this chapter if:(1) the proposed conservancy district will be established for the purposes of:(A) developing forests, wildlife areas, parks, and recreational facilities if feasible in connection with beneficial water management, as provided in IC 14-33-1-1(a)(6);(B) the operation, maintenance, and improvement of:(i) a work of improvement for water based recreational purposes; or(ii) another work of improvement that could have been built for any other purpose authorized by IC 14-33-1-1;as provided in IC 14-33-1-1(a)(9); or(C) both of the purposes set forth in clauses (A) and (B);(2) the boundaries of the proposed conservancy district will encompass part or all of a reservoir located partly within a consolidated city; and(3) at least twenty-five percent (25%) of the surface of the reservoir located within the boundaries of the proposed conservancy district is owned by a utility governed by a board of directors for utilities under IC 8-1-11.1-3.As added by P.L.148-2020, SEC.16.
Indiana Legal Code