(a) As used in this section, 'developer' means a person that:(1) proposes to enter into, or has entered into, a financing agreement with a unit for the development or redevelopment of a facility located in a district; and(2) has entered into a separate agreement with some other person for the use or operation of the financed facility.(b) A unit may establish goals or benchmarks concerning the development or redevelopment of property by a developer. The unit may provide that a developer that meets or exceeds the goals or benchmarks shall be paid a specified fee from the industrial development fund.As added by P.L.125-1998, SEC.22.
Indiana Legal Code