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Home » US Law » 2022 Ohio Revised Code » Title 61 | Water Supply-Sanitation-Ditches » Chapter 6123 | Solid Waste and Energy Resource Development Projects

Section 6123.01 | Solid Waste and Energy Resource Development Projects Definitions.

Effective: September 28, 1994 Latest Legislation: Senate Bill 221 – 120th General Assembly As used in this chapter: (A) “Governmental agency” means a department, division, or other unit of state government, a municipal corporation, county, township, and other political subdivision, or any other public corporation or agency, the United States or any agency thereof, and […]

Section 6123.02 | Authority of Ohio Water Development Authority.

Effective: September 29, 1975 Latest Legislation: House Bill 155 – 111th General Assembly The carrying out of the purposes and the exercise by the Ohio water development authority of the powers conferred on it by Chapter 6123. of the Revised Code shall be held to be, and are hereby determined to be, essential governmental functions […]

Section 6123.03 | Public Policy.

Effective: September 28, 1979 Latest Legislation: House Bill 144 – 113th General Assembly It is hereby declared to be the public policy of the state through the operations of the Ohio water development authority under this chapter to contribute toward one or more of the following: to provide for the comfort, health, safety, and general […]

Section 6123.031 | Energy Resource Development Facilities.

Effective: February 24, 1983 Latest Legislation: House Bill 100 – 115th General Assembly To create or preserve jobs and employment opportunities, to improve the economic welfare of the people of the state, to control air, water, and thermal pollution, or to dispose of solid waste, and pursuant to Section 13, Article VIII, of the Ohio […]

Section 6123.04 | Powers of Ohio Water Development Authority.

Effective: September 29, 2005 Latest Legislation: House Bill 66 – 126th General Assembly For the purposes of this chapter, the Ohio water development authority may: (A) Adopt bylaws for the regulation of its affairs and the conduct of its business under this chapter; (B) Sue and plead in its own name; be sued and impleaded […]

Section 6123.042 | Fees and Fines May Not Exceed Loan Principal.

Effective: September 23, 2008 Latest Legislation: House Bill 562 – 127th General Assembly With respect to a loan made under this chapter, the Ohio water development authority shall not charge any fees or fines that, in the aggregate, exceed an amount equal to the principal amount of the loan.

Section 6123.05 | Funds for Surveys or Studies of Proposed Development Project.

Effective: September 28, 1979 Latest Legislation: House Bill 144 – 113th General Assembly Upon application by the Ohio water development authority, the controlling board may, from appropriations available to the authority, provide funds for surveys or studies by the authority of any proposed development project subject to repayment by the authority from funds available to […]

Section 6123.06 | Revenue Bonds and Notes to Fund Development Projects.

Effective: October 16, 1980 Latest Legislation: House Bill 736 – 113th General Assembly The Ohio water development authority may issue revenue bonds and notes of the state at such times and in such principal amount as, in the opinion of the authority, are necessary for the purpose of paying any part of the cost of […]

Section 6123.07 | Bond Issuance Need Not Comply With State Requirements.

Effective: September 28, 1979 Latest Legislation: House Bill 144 – 113th General Assembly The issuance of development revenue bonds and notes or development revenue refunding bonds under Chapter 6123. of the Revised Code need not comply with any other law applicable to the issuance of bonds or notes.

Section 6123.09 | Holder of Development Revenue Bonds to Enforce Rights.

Effective: September 28, 1979 Latest Legislation: House Bill 144 – 113th General Assembly Any holder of development revenue bonds issued under Chapter 6123. of the Revised Code, or any of the coupons appertaining thereto, and the trustee under any trust agreement, except to the extent the rights given by such chapter may be restricted by […]

Section 6123.12 | Investment of Moneys in Excess of Current Needs.

Effective: September 28, 1979 Latest Legislation: House Bill 144 – 113th General Assembly Moneys of the Ohio water development authority, except as otherwise provided in any resolution authorizing the issuance of its development or water development revenue bonds or in any trust agreement securing the same, in excess of current needs, may be invested in […]

Section 6123.14 | Maintenance and Repair of Development Projects.

Effective: September 28, 1994 Latest Legislation: Senate Bill 221 – 120th General Assembly Each development project other than one consisting of a voluntary action, when constructed and placed in operation, shall be maintained and kept in good condition and repair by the Ohio water development authority or the authority shall cause it to be maintained […]

Section 6123.15 | Development Revenue Bonds Lawful Investments.

Effective: November 2, 1999 Latest Legislation: House Bill 222 – 123rd General Assembly All development revenue bonds issued under this chapter are lawful investments of banks, societies for savings, savings and loan associations, deposit guarantee associations, trust companies, trustees, fiduciaries, insurance companies, including domestic for life and domestic not for life, trustees or other officers […]