Commission; powers; payment of expenses

# (1)

accept and use gifts, grants, and contributions from any public or private source, under terms and conditions that the commission considers necessary and desirable;

# (2)

sue and be sued;

# (3)

enter into contracts and agreements;

# (4)

make rules necessary for the conduct of its business and the accomplishment of its purposes;

# (5)

receive and approve, alter, or reject requests and proposals for funding by corporations qualified under subdivision (6);

# (6)

after its approval of a proposal, transfer money, quarterly or more frequently, from the fund established under section 4 of this chapter to any Indiana not-for-profit corporation to promote and solicit conventions, trade shows, or visitors in the county;
and

# (7)

require financial or other reports for any corporation that receives funds under this chapter.

(b) All expenses of the commission shall be paid from the fund established under section 4 of this chapter. The commission shall annually prepare a budget, taking into consideration the recommendations made by a corporation qualified under subsection (a)(6), and submit it to the county fiscal body for its review and approval. An expenditure may not be made under this chapter unless it is in accordance with an appropriation made by the county fiscal body in the manner provided by law.
As added by P.L.97-1983, SEC.3. Amended by P.L.62-1990, SEC.9.