US Lawyer Database

Section 353.03 | Powers of Authority.

Effective: December 22, 2015 Latest Legislation: House Bill 340 – 131st General Assembly A lake facilities authority may do all of the following: (A) Acquire by purchase, lease, gift, or otherwise, on such terms and in such manner as it considers proper, real and personal property necessary for an authorized purpose or any estate, interest, […]

Section 353.04 | Board of Directors.

Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly (A) Upon the creation of a lake facilities authority under section 353.02 of the Revised Code, a board of directors consisting of the county commissioners of each county with territory in the impacted lake district shall be created. Membership on the board […]

Section 353.05 | Power to Propose Tax Levy.

Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly The board of directors of a lake facilities authority, by resolution, may propose the levy of a tax upon the taxable property in the impacted lake district pursuant to section 5705.55 of the Revised Code.

Section 353.06 | Tax on Lodging.

Effective: September 29, 2013 Latest Legislation: House Bill 59 – 130th General Assembly As used in this section, “hotel” and “transient guests” have the same meanings as in section 5739.01 of the Revised Code. A resolution creating a lake facilities authority under section 353.02 of the Revised Code, or any amendments or supplements thereto, may […]

Section 351.18 | Bonds Not a Debt of State.

Effective: June 29, 1988 Latest Legislation: House Bill 772 – 117th General Assembly Convention facilities authority bonds and notes issued under this chapter do not constitute a debt, or a pledge of the faith and credit, of the state or any political subdivision of the state, and the holders or owners of the bonds and […]

Section 351.19 | Moneys, Funds, Properties, and Assets Held in Trust.

Effective: June 29, 1988 Latest Legislation: House Bill 772 – 117th General Assembly All moneys, funds, properties, and assets acquired by a convention facilities authority under this chapter, whether as proceeds from the sale of convention facilities authority revenue bonds or convention facilities authority tax anticipation bonds or as revenues, or otherwise, shall be held […]

Section 351.20 | Investing Money.

Effective: June 29, 1988 Latest Legislation: House Bill 772 – 117th General Assembly Moneys in the funds of a convention facilities authority, except as otherwise provided in any resolution authorizing the issuance of its convention facilities authority bonds and notes or in any trust agreement securing the same, in excess of current needs, may be […]

Section 351.22 | Eminent Domain.

Effective: February 20, 1986 Latest Legislation: House Bill 583 – 116th General Assembly A convention facilities authority may acquire by appropriation pursuant to division (L) of section 351.06 of the Revised Code any public or private lands, including public parks, playgrounds, or reservations, or parts thereof or rights therein, rights-of-way, rights, franchises, easements, and interests […]