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2021 Indiana Code
Title 6. Taxation
Article 1.1. Property Taxes
Chapter 40. Maritime Opportunity Districts
6-1.1-40-5. "Redevelopment"
Universal Citation: IN Code § 6-1.1-40-5 (2021)
Sec. 5. As used in this chapter, "redevelopment" means the construction of new structures, in a district, either:
(1) on unimproved real estate; or
(2) on real estate upon which a prior existing structure is demolished to allow for a new construction.
As added by P.L.62-1988, SEC.1.
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