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§ 36-9-16-5 — Indiana Law | CourtGPT
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  3. Indiana/
  4. Title 36 - Local Government/
  5. Article 9 - Transportation and Public Works/
  6. Chapter 16 - Municipal Cumulative Building or Sinking Fund and Cumulative Capital Improvement Fund36-9-16-1. Application of Chapter/
  7. § 36-9-16-5
Indiana Legal Code

§ 36-9-16-5

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33) on each one hundred dollars ($100) of taxable property within the taxing district to provide for a cumulative building fund. The tax may be levied annually for any period not to exceed ten (10) years.(b) Appropriations may be made from the cumulative building fund for the purposes authorized by this chapter.[Pre-Local Government Recodification Citation: 18-6-1-4.]As added by Acts 1981, P.L.309, SEC.89. Amended by P.L.199-1988, SEC.8; P.L.6-1997, SEC.220.