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 […]
Section 6123.16 | No Taxes or Assessments Upon Development Project, or Property Acquired or Used by Ohio Water Development Authority.
Effective: September 28, 1979 Latest Legislation: House Bill 144 – 113th General Assembly The exercise of the powers granted by Chapter 6123. of the Revised Code, will be for the benefit of the people of the state, for the improvement of their health, safety, convenience, and welfare, and for the enhancement of their residential, agricultural, […]
Section 6123.17 | Acquisition of Real Property Interest.
Effective: September 28, 1979 Latest Legislation: House Bill 144 – 113th General Assembly The Ohio water development authority may acquire by purchase, whenever it determines such purchase expedient, any land, property, rights, rights-of-way franchises, easements, and other interests in lands which it finds to be necessary or convenient for the construction and operation of any […]
Section 6123.18 | Reconstruction of Road, Highways, Railroads or Public Utilities.
Effective: September 28, 1979 Latest Legislation: House Bill 144 – 113th General Assembly When the Ohio water development authority finds it necessary to change the location of any portion of any public road, state highway, railroad, or public utility facility in connection with the construction of a development project, it shall cause the same to […]
Section 6123.20 | Public Meetings and Records.
Effective: July 13, 1970 Latest Legislation: Senate Bill 447 – 108th General Assembly All meetings of the Ohio water development authority shall be public and the records of the authority shall be open to public inspection at all reasonable times, except as otherwise provided in this section. All final actions of the authority shall be […]
Section 6123.21 | Liberal Construction of Statutes.
Effective: July 13, 1970 Latest Legislation: Senate Bill 447 – 108th General Assembly Sections 6123.01 to 6123.20 inclusive, 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 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 6123.08 | Revenue Bonds or Notes or Development Revenue Refunding Bonds Secured by a Trust Agreement.
Effective: September 28, 1979 Latest Legislation: House Bill 144 – 113th General Assembly In the discretion of the Ohio water development authority, any development revenue bonds or notes or development revenue refunding bonds issued under Chapter 6123. of the Revised Code may be secured by a trust agreement between the authority and a corporate trustee, […]