Ind. Code § 36-9-6.1-12

Current through P.L. 171-2024

Section 36-9-6.1-12 - Proceeds of sale of bonds; deposit in fund; payments

Proceeds from the sale of bonds under section 11 of this chapter shall be deposited in the thoroughfare fund and used by the unit to pay for:

(1) property acquired by the unit;

(2) benefits assessed against the unit at large; and

(3) damages increased by a court on appeal;

under this chapter.

IC 36-9-6.1-12

As added by P.L. 220-1986, SEC.30.