Section 313IAC4-1-3. Procedure for evaluating a petition; recommendation by board; final action by corporation

   (a) Upon the receipt of a petition and completed application as provided under section 2 of this rule, the corporation will:

(1) perform historical or archeological research; and

(2) gather data on structural needs, costs, and other information pertinent to a complete evaluation.

  (b) The corporation will present to the board the results of the research and data collection described in subsection (a). Based upon that presentation, and upon other documentation that may be submitted to the board by an interested person, the board shall determine whether the property should be acquired.

  (c) The recommendation of the board, under this section, may contain restrictions, terms, or conditions not included in the petition and application filed under section 2 of this rule. (Indiana State Museum and Historic Sites Corporation; 313 IAC 4-1-3; filed Sep 11, 2012, 2:31 p.m.: 20121010-IR-313110726FRA)