Section 50 IAC 9-2-1 - General definitionsAuthority: IC 36-12-12-12
Affected: IC 36-12-12
Sec. 1.
(a) As used in this rule, "appropriate fiscal body" refers to: (1) the town board of trustees if the library district is located entirely within the corporate boundaries of a town;(2) the common council if the library district is located entirely within the corporate boundaries of a city;(3) the township board if the library district is not located entirely within the corporate boundaries of a city or town but is located within the corporate boundaries of a township;(4) the county council of each county in which the library is located if the library district is not located entirely within the corporate boundaries of a city, town, or township; or(5) the city-county council if the library district is not located entirely within the corporate boundaries of a city, town, or township and is located in a county with a consolidated city.(b) As used in this rule, "board" refers to the fiscal and administrative body of a public library.(c) As used in this rule, "district" means the territory within the corporate boundaries of a public library.(d) As used in this rule, "emergency" means the following:(1) A fire, flood, windstorm, mechanical failure of any part of a structure, or other unforeseeable circumstance when referring to repair or replacement.(2) The unforeseeable availability of real property for purchase when referring to site acquisition.(e) As used in this rule, "equipment" means a mobile or fixed unit of furniture or furnishings, a machine, an apparatus, an article, or a set of articles that meets all of the following conditions: (1) It retains its original shape and appearance with use.(2) It is nonexpendable, which means that if the article is damaged or some of its parts are lost or worn out, it is usually more feasible to repair it than to replace it with an entirely new unit.(3) It represents an investment of money that makes it feasible and advisable to capitalize the item.(4) It does not lose its identity through incorporation into a different or more complex unit or substance. Equipment includes computer hardware and software.
Department of Local Government Finance; 50 IAC 9-2-1; filed Sep 21, 1990, 3:30 p.m.: 14 IR 254