Effective: April 12, 2021 Latest Legislation: Senate Bill 259 – 133rd General Assembly (A) The board of trustees of a regional airport authority, the board of directors of a port authority, or the legislative authority of a municipal corporation that owns, operates, or maintains a qualifying airport may, by resolution adopted before January 1, 2024, […]
Effective: April 12, 2021 Latest Legislation: Senate Bill 259 – 133rd General Assembly (A) An airport development district shall be governed by the board of trustees of a nonprofit corporation which shall be known as the board of directors of the airport development district. Initially, the board shall consist of three directors appointed by the […]
Effective: April 12, 2021 Latest Legislation: Senate Bill 259 – 133rd General Assembly (A) Except as otherwise provided in this section, the nonprofit corporation that governs an airport development district shall be organized in the manner described in Chapter 1702. of the Revised Code. The nonprofit corporation may do the following: (1) Exercise all powers […]
Effective: April 12, 2021 Latest Legislation: Senate Bill 259 – 133rd General Assembly (A) The expenditures of an airport development district may include the following: (1) The cost of creating and operating the district under this chapter, including creating and operating a nonprofit organization organized under this chapter, hiring employees and professional services, contracting for […]
Effective: April 12, 2021 Latest Legislation: Senate Bill 259 – 133rd General Assembly (A) An airport development district exists until it is dissolved under this section. The process for dissolving an airport development district or repealing a development plan may be initiated by a petition filed with the board of directors of the district and […]