Section 353.15 | Investments.
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly Except as otherwise provided in any resolution authorizing the issuance of its lake facilities authority revenue bonds or in any trust agreement securing the bonds, moneys in the funds of the lake facilities authority in excess of current needs may be invested […]
Section 353.16 | Bonds as Lawful Investments.
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly Bonds of a lake facilities authority and lake facilities authority revenue bonds are lawful investments of banks, societies for savings, trust companies, savings and loan associations, deposit guaranty associations, trustees, fiduciaries, trustees or other officers having charge of the bond retirement funds […]
Section 353.07 | Transfer of Property for Benefit of Wetlands, Wildlife, or Sporting Activities.
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly The director of natural resources may transfer real property owned by the state to a lake facilities authority for the purpose of promoting wetland banking, wildlife, or sporting activities. The division of wildlife within the department of natural resources may enter into […]
Section 353.08 | Lake Facilities Authority Anticipation Bonds.
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly A lake facilities authority that levies a tax authorized by sections 353.05 and 5705.55 or section 353.06 of the Revised Code may, by resolution, anticipate the proceeds of the tax and issue lake facilities authority anticipation bonds, and notes anticipating the proceeds […]
Section 351.24 | Records of Convention Facilities Authority.
Effective: June 29, 1988 Latest Legislation: House Bill 772 – 117th General Assembly Except as otherwise provided in this section, all final actions of a convention facilities authority shall be journalized and such journal and the records of the authority, including but not limited to records relating to the terms of any lease of all […]
Section 351.25 | Liberal Construction of Chapter.
Effective: February 20, 1986 Latest Legislation: House Bill 583 – 116th General Assembly Sections 351.01 to 351.25 of the Revised Code being necessary for the welfare of the state and its inhabitants shall be liberally construed to effect the purposes thereof.
Section 351.26 | Election on Convention Facility Authority Tax for Construction or Renovation of Sports Facility.
Effective: July 2, 2010 Latest Legislation: House Bill 48 – 128th General Assembly (A) The board of directors of a convention facilities authority may adopt a resolution requesting the board of county commissioners of the county in which the convention facilities authority has its territory to propose the question of a tax to be levied […]
Section 351.99 | Penalty.
Effective: February 20, 1986 Latest Legislation: House Bill 583 – 116th General Assembly Whoever violates division (J)(2) of section 351.06 of the Revised Code is guilty of a misdemeanor of the fourth degree.
Section 353.01 | Definitions.
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly For purposes of this chapter: (A) “Lake facilities authority” means a body corporate and politic created pursuant to section 353.02 of the Revised Code. (B) “Watershed” means a watershed as determined by the United States geological survey. (C) “Impacted watershed” means a […]
Section 353.02 | Creation of Lake Facilities Authority.
Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly A lake facilities authority may be created by the board of county commissioners of a county that contains all of the territory of an impacted watershed. If the territory of an impacted watershed is contained within more than one county, a joint […]