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Indiana General Assembly
Senate Bill 0318


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Senate Bill 0318

ARCHIVE (2002)

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DIGEST OF SB 318 (Updated March 14, 2002 7:52 PM - DI 101)

Enterprise zones and redevelopment. Provides that the president of the Association of Indiana Enterprise Zones or an enterprise zone executive director designated by the president shall serve as a nonvoting, advisory member of the enterprise zone board. Allows a county or municipal redevelopment commission to sell or grant real property without a public bidding process to an urban enterprise association or a community development corporation if certain conditions are met. Specifies that a county or municipal redevelopment commission must decide at a public meeting whether to sell or grant real property to an urban enterprise association. Provides that when a community revitalization enhancement district is designated for certain purposes, the unit may spend money to develop or enhance the value of real property used for retail purposes.
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     Law Enacted
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