First Regular Session 118th General Assembly (2013)
PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana
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HOUSE ENROLLED ACT No. 1270
AN ACT to amend the Indiana Code concerning economic development.
Be it enacted by the General Assembly of the State of Indiana:
SOURCE: IC 36-7-14-47; (13)HE1270.1.1. -->
SECTION 1. IC 36-7-14-47, AS ADDED BY P.L.154-2006,
SECTION 75, IS AMENDED TO READ AS FOLLOWS [EFFECTIVE
JULY 1, 2013]: Sec. 47. The commission must make the following
findings in the resolution adopting a housing program under section 45
of this chapter:
(1) Not more than twenty-five (25) acres of the area included in
the allocation area has been annexed during the preceding five (5)
years.
(2) No area within the allocation area has been annexed within the
preceding five (5) years over a remonstrance of a majority of the
owners of land within the annexed area.
(3) The program cannot be accomplished by regulatory processes
or by the ordinary operation of private enterprise because of:
(A) the lack of public improvements;
(B) the existence of improvements or conditions that lower the
value of the land below that of nearby land; or
(C) other similar conditions.
(4) The public health and welfare will be benefited by
accomplishment of the program.
(5) The accomplishment of the program will be of public utility
and benefit as measured by:
(A) the provision of adequate housing for low and moderate
income persons;
(B) an increase in the property tax base; or
(C) other similar public benefits.
(6) At least one-third (1/3) of the parcels in the allocation area
established by the program are vacant.
(7) At least seventy-five percent (75%) of the allocation area is
used for residential purposes or is planned to be used for
residential purposes.
(8) At least one-third (1/3) of the residential units in the allocation
area were constructed before 1941.
(9) At least one-third (1/3) of the parcels in the allocation area
have at least one (1) of the following characteristics:
(A) The dwelling unit on the parcel is not permanently
occupied.
(B) The parcel is the subject of a governmental order, issued
under a statute or an ordinance, requiring the correction of a
housing code violation or unsafe building condition.
(C) Two (2) or more property tax payments on the parcel are
delinquent.
(D) The parcel is owned by local, state, or federal government.
(10) The total area within the county or municipality that is
included in any allocation area established for a housing program
under section 45 of this chapter does not exceed one three
hundred fifty (150) (300) acres.