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 351.21 | Acquiring Real Property – Transfers of Real or Personal Property From Governmental Agencies.
Effective: February 20, 1986 Latest Legislation: House Bill 583 – 116th General Assembly A convention facilities authority may acquire by purchase, whenever it finds such purchase expedient, any land, property, rights, rights-of-way, franchises, easements, and other interests in land as it finds to be necessary or convenient, for the construction and operation of any facility […]
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 […]
Section 351.08 | Group Insurance for Employees.
Effective: June 4, 1997 Latest Legislation: Senate Bill 67 – 122nd General Assembly (A) A convention facilities authority may procure and pay any or all of the cost of group hospitalization, surgical, major medical, sickness and accident insurance, or group life insurance, or a combination of any of the foregoing types of insurance or coverage […]
Section 351.09 | Rentals or Other Charges for Use or Services of Any Facility.
Effective: June 29, 1988 Latest Legislation: House Bill 772 – 117th General Assembly A convention facilities authority may charge, alter, and collect rentals or other charges for the use or services of any facility and contract in the manner provided by this section from persons or governmental agencies desiring the use or services of such […]
Section 351.10 | Cooperating With Governmental Agencies.
Effective: June 29, 1988 Latest Legislation: House Bill 772 – 117th General Assembly Except as otherwise provided in this section, a governmental agency may cooperate with the convention facilities authority in the acquisition or construction of facilities and shall enter into such agreements with the authority as may be appropriate, with a view to effective […]
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 […]