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2023 Indiana Code
Title 21. Higher Education
Article 35. State Educational Institutions: Revenue Bonds and Other Financing Arrangements
Chapter 7. Revenue Producing Property; Financing Agreements With a Developer or User
21-35-7-9. Award for the Development, Use, and Management of Property; Considerations
Universal Citation: IN Code § 21-35-7-9 (2023)
Sec. 9. In making an award for the development, use, and management, if applicable, of property, the board of trustees of a state educational institution may consider:
(1) the experience and financial ability of a developer or user;
(2) the plans and specifications for the property;
(3) the size and cost of the property;
(4) payments to be made to or from the state educational institution;
(5) the method of financing and the terms and conditions of any proposed financing agreement; and
(6) any other factors of benefit to the state educational institution.
[Pre-2007 Higher Education Recodification Citation: 20-12-1.5-5 part.]
As added by P.L.2-2007, SEC.276.
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