Section 351.11 | Lawful Investments.
Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly Convention facilities authority bonds and notes issued under this chapter are lawful investments of banks, societies for savings, trust companies, savings and loan associations, trustees, fiduciaries, trustees or other officers having charge of the bond retirement funds or sinking funds of municipal […]
Section 351.12 | Exemption From Tax.
Effective: February 20, 1986 Latest Legislation: House Bill 583 – 116th General Assembly As used in this section, “private enterprise” means a person whose ownership and use of the property leased to it or used exclusively by it would not qualify such property for exemption from taxation. The exercise of the powers granted by this […]
Section 351.13 | Power to Lease, Sell or Encumber Facility.
Effective: February 20, 1986 Latest Legislation: House Bill 583 – 116th General Assembly (A) With respect to facilities and the financing thereof, and under agreements whereby the party to whom the facility is to be leased, subleased, or sold is to make payments sufficient to pay all of the principal of, premium, if any, and […]
Section 351.14 | Issuing Bonds.
Effective: February 20, 1986 Latest Legislation: House Bill 583 – 116th General Assembly A convention facilities authority may at any time issue revenue bonds and notes in such principal amount as, in the opinion of the authority, are necessary for the purpose of paying the cost of one or more facilities or parts thereof. An […]
Section 351.01 | Convention Facilities Authority Definitions.
Effective: March 27, 2020 Latest Legislation: House Bill 197 – 133rd General Assembly As used in this chapter: (A) “Convention facilities authority” means a body corporate and politic created pursuant to section 351.02 of the Revised Code. (B) “Governmental agency” means a department, division, or other unit of the state government or of a municipal […]
Section 351.02 | Creating Convention Facilities Authority.
Effective: February 20, 1986 Latest Legislation: House Bill 583 – 116th General Assembly A county may create a convention facilities authority by resolution of the county commissioners, provided that in no case shall the same county create more than one convention facilities authority. A convention facilities authority created pursuant to this section is a body […]
Section 351.021 | Levying Excise Taxes on Lodging Transactions.
Effective: September 30, 2021 Latest Legislation: House Bill 110 – 134th General Assembly (A) The resolution of the county commissioners creating a convention facilities authority, or any amendment or supplement to that resolution, may authorize the authority to levy one or both of the excise taxes authorized by division (B) of this section to pay […]
Section 351.03 | No County Financing or Subsidizing Operation of Authority.
Effective: March 27, 2020 Latest Legislation: House Bill 197 – 133rd General Assembly (A) Except as provided in division (C) of section 5739.09 or in section 5739.026 of the Revised Code, no county creating a convention facilities authority may appropriate and expend public funds to finance or subsidize the operation of the authority. (B) Subject […]
Section 351.04 | Organization of Board of Directors.
Effective: June 29, 1988 Latest Legislation: House Bill 772 – 117th General Assembly A convention facilities authority shall be governed by a board of directors consisting of the following members: (A) Six directors appointed by the county commissioners. One shall be a representative of the townships in the county, one shall be a representative of […]