Lake County convention and event center reserve fund; administration
Ind. Code § 36-7.5-7-10
in effectNote: This version of section effective 3-12-2026. See also preceding version of this section, effective until 3-12-2026.
Sec. 10. (a) A local county fund known as the Lake County convention and event center reserve fund is established to pay for:
(1) additions;
(2) refurbishment; and
(3) budget shortfalls or other unusual costs;
of a convention and event center that is constructed using money from the convention fund under this chapter.
(b) The reserve fund consists of:
(1) transfers under IC 6-9-2-1.5(c) (as in effect before amendment in the 2026 session of the general assembly); and
(2) gifts, grants, donations, or other contributions from any other public or private source.
(c) The Lake County commissioners shall administer the reserve fund until the convention center authority is established. Thereafter, the convention center authority shall administer the reserve fund.
As added by P.L.195-2023, SEC.7. Amended by P.L.44-2026, SEC.28; P.L.145-2026, SEC.305; P.L.157-2026, SEC.267.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/36Fetched: 10/17/2026