acquired, the manner of acquisition, and, in the case of an
appropriation, the other land that may be injuriously affected, or
describing the lands already acquired and intended to be used in
connection with the proposed work of improvement.
(c) If a work of improvement is provided for in the resolution, the board shall have preliminary plans and specifications and an estimate of the cost of the proposed work prepared by the engineer selected to do the work. The resolution must be open to inspection by all persons interested in or affected by the appropriation of land or the construction of the work. The board shall have notice of the resolution and its contents published in accordance with IC 5-3-1. The notice must state a date on which the board will receive or hear remonstrances from persons interested in or affected by the proceedings and on which it will determine the public utility and benefit.
(d) Notice shall be sent by certified mail to each owner of land to be appropriated under the resolution, using the owner's address as shown on the tax duplicates. In addition, notice of the land to be appropriated shall be published in accordance with IC 5-3-1. All persons affected in any manner by the proceedings, including all taxpayers in the district, are considered notified of the pendency of the proceedings and of all subsequent acts, hearings, adjournments, and orders of the board by the original notice by publication.
(e) In the resolution and notice, separate descriptions of each piece or parcel of land are not required, but it is a sufficient description of the property purchased, to be purchased, or to be appropriated or damaged to give a description of the entire tract by a platted description or by metes and bounds, whether the land is composed of one (1) or more lots or parcels and whether it is owned by one (1) or more persons. If the land or a part of it is to be acquired by purchase, the resolution must also state the maximum proposed cost.
(f) The board may, at any time before the adoption of the resolution:
(1) obtain from the owner or owners of the land an option for its purchase; or
(2) enter into a contract for its purchase upon the terms and conditions that the board considers best.
The option or contract is subject to the final action of the board confirming, modifying, or rescinding the resolution and to the condition that the land may be paid for only out of the special fund resulting from the sale of bonds as provided by this chapter.
(g) If the board decides to acquire any lots or parcels of land by purchase, the board shall appoint
three (3) two (2) qualified appraisers
to appraise its value the fair market value of the land. Each
appraiser must be professionally engaged in making appraisals or
be trained as an appraiser and licensed as a broker under
IC 25-34.1. The appraisers may not be interested directly or indirectly
in any land that is to be acquired under the resolution or that may be
injured or incur local benefits. The appraisers shall take an oath that
they have no interest in the matter and that they will honestly and
impartially make the valuation.
They shall then view the land,
determine the true market value of it at that time, and report the
appraisal in writing. The appraisers shall return the appraisers'
separate appraisals to the board not more than thirty (30) days
after the date of their appointment. The report appraisals shall be
filed with and becomes become a part of the record of the proceeding.
(h) The board may not take an option on the land or enter into a contract to purchase it at a
higher price than the value named in the
report. greater than the average of the two (2) appraisals received
under subsection (g). The title to land to be acquired under the
resolution, whether by purchase or appropriation, does not vest until
the land is paid for out of the special fund established by the sale of
bonds as provided in this chapter. Any indebtedness or obligation of
any kind incurred by the board due to the acquisition of land or to
construction work shall be paid out of the funds under the control of the
board and are is not an indebtedness or obligation of the unit.
(i) At the time fixed for the hearing, or at any time before the hearing, an owner of land to be appropriated under the resolution or injuriously affected or a person owning real or personal property located in the district may file a written remonstrance with the secretary of the board.
(j) At the hearing, which may be adjourned from time to time, the board shall hear all persons interested in the proceedings and all remonstrances that have been filed. After considering the evidence, the board shall take final action determining the public utility and benefit of the proposed project by confirming, modifying, or rescinding the resolution. The final action shall be recorded and is final and conclusive upon all persons.".
(Reference is to HB 1161 as printed February 11, 2003.)