Ind. Code § 36-9-17-3

Current through P.L. 171-2024

Section 36-9-17-3 - Authorization and composition of fund

A municipality may, by ordinance and in compliance with the procedures for the establishment of a cumulative fund under IC 6-1.1-41, establish a general improvement fund, which shall be used to construct, repair, or improve streets, alleys, sidewalks, curbs, gutters, and sewers. This fund consists of:

(1) the special assessments collected under this chapter for benefits to property from constructing, repairing, or improving streets, alleys, sidewalks, curbs, gutters, and sewers; and

(2) any appropriation made from the general fund of the municipality or from taxes levied by the municipal legislative body for these purposes.

However, special assessments collected by a municipality under any statute other than this chapter may not be deposited in the fund.

IC 36-9-17-3

Pre-Local Government Recodification Citation: 18-6-3-2.

As added by Acts1981 , P.L. 309, SEC.90. Amended by P.L. 17-1995, SEC.35.