Indiana Code - Taxation - Title 6, Section 6-9-11-3

Powers and duties of commission

Sec. 3. (a) The commission may:
(1) accept and use gifts, grants, and contributions from any
public or private source, under terms and conditions which the
commission deems necessary and desirable;
(2) sue and be sued;
(3) enter into contracts and agreements;
(4) make rules and regulations necessary for the conduct of its
business and the accomplishment of its purposes;
(5) receive and approve, alter, or reject requests and proposals
for funding by corporations qualified under clause (6) of this
section;
(6) after its approval of a proposal, transfer money, quarterly or
less frequently, from the fund established in section 7 of this
chapter, to any Indiana not-for-profit corporation for the
purpose of promotion and encouragement in the county of
conventions, tourism, trade shows, visitors, or special events;
(7) require financial or other reports from any corporation that
receives funds under this chapter;
(8) issue bonds for the construction, acquisition, enlarging, and
equipping of a sports and recreational facility;
(9) enter into leases under IC 36-1-10 for the construction
acquisition, enlargement, and equipping of a sports and
recreational facility; and
(10) exercise the power of eminent domain to acquire property
to promote and encourage conventions, tourism, trade shows,
visitors, or special events within the county.
(b) A majority of the commission shall constitute a quorum for the
transaction of business, and the concurrence of a majority of those
present shall be necessary to authorize any action.

As added by Acts 1980, P.L.65, SEC.1. Amended by P.L.11-2001,
SEC.1.

Last modified: May 28, 2006