Issuance of Bonds; Option to Purchase Leased Property; Legislative Body Approval

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Sec. 22. If the commission exercises its option to purchase leased property, it may, subject to the prior approval of the legislative body of the unit under IC 36-7-14-25.1, issue its bonds as authorized by statute.

As added by P.L.380-1987(ss), SEC.18. Amended by P.L.149-2014, SEC.30.


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