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Ind. Code § 36-1-11-3.2

Approval of sale, lease, or transfer of real property in certain cities

Redline — January 1, 2018 → current.View current text →
Current — January 1, 2023
As of January 1, 2018
Sec. 3.2. (a) This section applies to a city having a population of:
Sec. 3.2. (a) This section applies to the following cities:
(1) more than eighty thousand (80,000) but less than eighty thousand four hundred (80,400);
(2) more than twenty-nine thousand six hundred (29,600) but less than twenty-nine thousand nine hundred (29,900); or
(3) more than eighty thousand five hundred (80,500) but less than one hundred thousand (100,000).
(1) A city having a population of more than sixty-nine thousand (69,000) and less than sixty-nine thousand five hundred (69,500).
(2) A city having a population of more than twenty-six thousand (26,000) and less than twenty-eight thousand (28,000).
(3) A city having a population of more than seventy-five thousand (75,000) and less than seventy-nine thousand (79,000).
(b) Notwithstanding section 3(c) of this chapter, the fiscal body of a city must approve:
(b) Notwithstanding section 3(c) of this chapter, the fiscal body of a city must approve:
(1) every sale of real property having an appraised value of ten thousand dollars ($10,000) or more;
(1) every sale of real property having an appraised value of ten thousand dollars ($10,000) or more;
(2) every lease of real property for which the total annual rental payments will be five thousand dollars ($5,000) or more; and
(2) every lease of real property for which the total annual rental payments will be five thousand dollars ($5,000) or more; and
(3) every transfer of real property under section 14 or 15 of this chapter.
(3) every transfer of real property under section 14 or 15 of this chapter.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.