Ind. Code § 36-9-24-4
Current through P.L. 171-2024
The term of a lease under this chapter may not exceed fifty (50) years. However, the lease must provide that the municipality has an option to renew the lease for a further term on similar conditions.
IC 36-9-24-4
Pre-Local Government Recodification Citation: 19-2-5.5-3 part.