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 351.24 | 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 351.141 | Issuing Anticipation Bonds.
Effective: March 27, 2020 Latest Legislation: House Bill 197 – 133rd General Assembly A convention facilities authority that levies any of the excise taxes authorized by division (B) or (C) of section 351.021 of the Revised Code or that receives contributions pursuant to division (C) of section 5739.09 of the Revised Code, by resolution may […]
Section 351.15 | Issuance of Convention Facilities Authority Bonds and Notes Exempt From Bond Laws.
Effective: June 29, 1988 Latest Legislation: House Bill 772 – 117th General Assembly Notwithstanding any other provision of this chapter, sections 9.98 to 9.983 of the Revised Code apply to convention facilities authority bonds and notes issued under this chapter. Convention facilities authority bonds and notes issued under this chapter need not comply with any […]
Section 351.16 | Bonds Secured by Trust Agreement.
Effective: June 30, 2005 Latest Legislation: House Bill 66 – 126th General Assembly In the discretion of the convention facilities authority, any convention facilities authority bonds and notes issued under this chapter may be secured by a trust agreement between the authority and a corporate trustee, which trustee may be any trust company or bank […]
Section 351.17 | Protection and Enforcement of Rights of Bondholder and Trustees.
Effective: June 29, 1988 Latest Legislation: House Bill 772 – 117th General Assembly Any holder of convention facilities authority revenue bonds or convention facilities authority tax anticipation bonds issued under this chapter, or any of the coupons appertaining to the bonds, and the trustee under any trust agreement, except to the extent the rights given […]
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 […]