Section 5593.10 | Issuance of Bridge Revenue Bonds.
Effective: September 4, 1982 Latest Legislation: House Bill 98 – 114th General Assembly The bridge commission of any county or city may provide by resolution, at one time or from time to time, for the issuance of bridge revenue bonds of such county or city for the purpose of paying all or any part of […]
Section 5593.11 | Bonds Not a Debt of State.
Effective: October 30, 1989 Latest Legislation: House Bill 230 – 118th General Assembly Bridge revenue bonds issued under this chapter do not constitute a debt, or a pledge of the faith and credit, of the state or of any political subdivision thereof, but such bonds are payable solely from the funds pledged for their payment […]
Section 5593.12 | Trust Indenture.
Effective: September 4, 1982 Latest Legislation: House Bill 98 – 114th General Assembly In the discretion of the bridge commission of any county or city, any bonds issued under sections 5593.01 to 5593.24 of the Revised Code may be secured by a trust agreement between the commission and a corporate trustee, which trustee may be […]
Section 5593.13 | Bridge Commission to Fix and Collect Tolls – Use.
Effective: September 4, 1982 Latest Legislation: House Bill 98 – 114th General Assembly The bridge commission of any county or city may fix, revise, charge, and collect tolls for the use of each bridge acquired or constructed by it. Tolls shall be so fixed and adjusted in respect to the aggregate of tolls from the […]
Section 5593.14 | Bond Proceeds and Revenues to Be Held in Trust.
Effective: September 4, 1982 Latest Legislation: House Bill 98 – 114th General Assembly All moneys received under Chapter 5593. of the Revised Code, whether as proceeds from the sale of bonds or as revenues, are trust funds, to be held and applied solely as provided in such sections. Such funds shall be kept in depositories […]
Section 5593.16 | Bridge Revenue Refunding Bonds.
Effective: September 4, 1982 Latest Legislation: House Bill 98 – 114th General Assembly The bridge commission of any county or city may provide by resolution for the issuance of bridge revenue refunding bonds of such county or city, payable solely from revenues, for the purpose of refunding any bonds then outstanding which have been issued […]
Section 5593.161 | Protection and Enforcement of Rights of Bondholder and Trustees.
Effective: July 23, 1969 Latest Legislation: House Bill 826 – 108th General Assembly The issuance of bridge revenue bonds or bridge revenue refunding bonds under Chapter 5593. of the Revised Code need not comply with any other law applicable to the issuance of bonds. Any holder of bonds issued under Chapter 5593. of the Revised […]
Section 5593.01 | Bridge Commissions Definitions.
Effective: September 4, 1982 Latest Legislation: House Bill 98 – 114th General Assembly As used in Chapter 5593. of the Revised Code: (A) “Bridge” includes all property, rights, easements, and franchises relating thereto including approaches. (B) “Improvements” means such repairs, replacements, reconstructions, additions, and betterments of and to a bridge acquired or constructed under such […]
Section 5593.03 | Construction and Acquisition of Bridges.
Effective: September 4, 1982 Latest Legislation: House Bill 98 – 114th General Assembly Any county or city bridge commission may: (A) Construct, acquire by purchase or condemnation, and improve, operate, and maintain bridges entirely within the state or such county or city, or over rivers and navigable waters which form a boundary of the state, […]
Section 5593.04 | Resolution.
Effective: July 23, 1969 Latest Legislation: House Bill 826 – 108th General Assembly The board of county commissioners or the legislative authority of any city desiring to take advantage of Chapter 5593. of the Revised Code, shall pass a resolution declaring that the construction or acquisition of a bridge, or the partial acquisition and partial […]