4-1-5(3):(1) is necessary as a result of:(A) unique sources of revenues available to the city in relation to its budget;(B) extraordinary needs for infrastructure improvements in the city and in the county in which the city is located;(C) unprecedented opportunities for economic development, including tourism development; and(D) unique demands for education and workforce development, including facilities for providing education and training;(2) will afford the city the necessary flexibility to address the extraordinary demands and opportunities in a manner that will best serve the interests of the city and the state; and(3) constitutes an important public purpose and will protect and improve the health, safety, and welfare of the people of the city and the state.As added by P.L.255-1997(ss), SEC.4.
Indiana Legal Code