Section 761.01 | Industrial and Economic Development Definitions.
Effective: November 1, 1965 Latest Legislation: House Bill 933 – 106th General Assembly As used in sections 761.01 to 761.14, inclusive, of the Revised Code: (A) “Municipal corporation” means any municipal corporation, including those which have adopted a charter under Section 7 of Article XVIII, Ohio Constitution. (B) “Project” means any site, structure, or facility […]
Section 761.02 | Acquiring Real and Personal Property to Promote Economic and Industrial Development.
Effective: November 1, 1965 Latest Legislation: House Bill 933 – 106th General Assembly For the purpose of promoting the industrial and economic development of this state, any municipal corporation may acquire real property and personal property in connection therewith by purchase, purchase at foreclosure, construction, or exchange on such terms and in such manner as […]
Section 761.03 | Powers in Purchasing or Constructing a Project.
Effective: November 1, 1965 Latest Legislation: House Bill 933 – 106th General Assembly A municipal corporation purchasing or constructing a project pursuant to section 761.02 of the Revised Code, may; (A) Issue revenue bonds payable solely from revenues as provided in sections 761.01 to 761.14, inclusive, of the Revised Code; (B) Make and enter into […]
Section 761.04 | Term of Revenue Bonds.
Effective: November 1, 1965 Latest Legislation: House Bill 933 – 106th General Assembly Revenue bonds issued under section 761.03 of the Revised Code, shall be in such form and shall be sold in such manner and upon such terms as determined by the legislative authority of the municipal corporation issuing such bonds. Such bonds may […]