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IFM Investors on March 11, 2015, announced that it had entered into a $5.725 billion agreement for the right to operate the Indiana Toll Road and collect toll revenue. [3] On May 27, 2015, IFM announced it had reached financial close on its acquisition of ITRCC, and thus inherited the remaining 66 years of the concession lease agreement. [4]
Lease purchase agreement (click to view pages) Rent-to-own, also known as rental purchase or rent-to-buy, is a type of legally documented transaction under which tangible property, such as furniture, consumer electronics, motor vehicles, home appliances, engagement rings, and real property, is leased in exchange for a weekly or monthly payment, with the option to purchase at some point during ...
In May 2000, a Health Care Transportation System Franchise Agreement was signed, followed by the People Mover – State of Indiana Airspace Agreement and Lease in November 2000 to allow crossing under the Interstate 65 highway for a period of 25 years. [6]
A Lease-Purchase Contract, also known as a lease purchase agreement or rent-to-own agreement, allows consumers to obtain durable goods [1] or rent-to-own real estate [2] without entering into a standard credit contract. [1] It is a shortened name for a lease with option to purchase contract.
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The legislation also authorized the governor to establish a similar public–private partnership agreement for design, construction, and operation of the proposed Southern Indiana Toll Road, which would make up 117 miles (188 km) of the planned 142-mile (229 km) extension of I-69 from Indianapolis to Evansville. On November 9, 2006, Daniels ...
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