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Definition of capital improvement.

Indianapolis-Marion County Revised Code § 135-353
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Sec. 135-353. - Definition of capital improvement. The term "capital improvement" as used herein shall mean the construction or improvement of any city-owned, operated or occupied property including, but not limited to, streets, bridges, thoroughfares and sewers, but shall not include salaries of any public officials or employees, except those directly chargeable to such improvement. Such funds may also be used to retire any general obligation bonds of the city issued for the purpose of construction or improvements which would have originally qualified for the use of such funds. (Code 1975, § 2-352)
Source: Consolidated City of Indianapolis and Marion County, Revised Code (Municode Library, library.municode.com)URL: https://library.municode.com/in/indianapolis_-_marion_county/codes/code_of_ordinances?nodeId=TITIORAD_CH135FU_ARTIIINOFU_DIV5CICUCAIMFU_S135-353DECAIMFetched: 10/27/2026

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