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Indiana Code Title 36. Local Government § 36-7.5-7-10

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 10. (a) A local county fund known as the Lake County convention and event center reserve fund is established to pay for:

(1) additions;

(2) refurbishment;  and

(3) budget shortfalls or other unusual costs;

of a convention and event center that is constructed using money from the convention fund under this chapter.

(b) The reserve fund consists of:

(1) transfers under IC 6-9-2-1.5(c);  and

(2) gifts, grants, donations, or other contributions from any other public or private source.

(c) The convention center authority shall administer the reserve fund.

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Cite this article: FindLaw.com - Indiana Code Title 36. Local Government § 36-7.5-7-10 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-36-local-government/in-code-sect-36-7-5-7-10/

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