Indiana Code - Taxation - Title 6, Section 6-1.1-40-5

"Redevelopment" defined

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.

Last modified: May 28, 2006