(b) Notwithstanding the term limitation for a lease under IC 4-13-1-4(10), the department may enter into a lease under subsection (a) for a term of not more than ninety-nine (99) years.(c) Rent under a lease entered into under this section is one dollar ($1) each year, payable in advance.(d) A lease entered into under this section must require the department to provide, at no cost to the society, the following services in relation to the building, the exterior improvements, and the surrounding site:(1) Management.(2) Maintenance.(3) Operation.(4) Utilities (other than telephone services).(5) Other services reasonably necessary to maintain the building, exterior improvements, and the surrounding site.(e) A lease entered into under this section must provide that the lease terminates if the society or its successor vacates the building.(f) A lease entered into under this section may permit the building to house state activities or functions.As added by P.L.22-1992, SEC.1. Amended by P.L.49-1997, SEC.16.
Indiana Legal Code