Assistance to Other Entity or Authority

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Sec. 29. Whenever the fiscal body of an eligible entity determines that the public interest of the entity will be served by assisting any other entity or an authority in executing the powers granted by this chapter, the former entity may furnish assistance by gift, or lease with or without rental, of real property, by donation, lease with or without rental, or loan, of personal property, and by the appropriation of monies, which may be provided for by taxation or the issuance of bonds in the same manner as funds might be provided for the same purpose if the entity was exercising the powers granted in its own behalf.

[Pre-Local Government Recodification Citations: 19-6-2-31; 19-6-3-33; 19-6-3.5-33.]

As added by Acts 1980, P.L.8, SEC.73.


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