Effective: September 13, 2022 Latest Legislation: Senate Bill 61 – 134th General Assembly As used in this chapter: (A) “New community” means a community or development of property in relation to an existing community planned so that the resulting community includes facilities for the conduct of industrial, commercial, residential, cultural, educational, and recreational activities, and […]
Effective: October 4, 1972 Latest Legislation: House Bill 1063 – 109th General Assembly This chapter is enacted for the purposes of encouraging the orderly development of well-planned, diversified, and economically sound new communities and of encouraging the initiative and participation of private enterprise in such undertakings; and encouraging cooperation between the developer and the community […]
Effective: October 17, 2019 Latest Legislation: House Bill 166 – 133rd General Assembly (A) Proceedings for the organization of a new community authority shall be initiated by a petition filed by the developer in the office of the clerk of the organizational board of commissioners. Such petition shall be signed by the developer and may […]
Effective: September 29, 2015 Latest Legislation: House Bill 64 – 131st General Assembly The following method of selecting a board of trustees is deemed to be a compelling state interest. Within ten days after the new community authority has been established, as provided in section 349.03 of the Revised Code, an initial board of trustees […]
Effective: October 4, 1972 Latest Legislation: House Bill 1063 – 109th General Assembly A new community authority established pursuant to this chapter is a body corporate and politic, and shall have the powers specifically granted by this chapter. This chapter does not limit or restrict the power and authority of cities, counties, and townships. The […]
Effective: September 29, 2015 Latest Legislation: House Bill 64 – 131st General Assembly In furtherance of the purposes of this chapter, a new community authority may: (A) Acquire by purchase, lease, gift, or otherwise, on such terms and in such manner as it considers proper, real and personal property or any estate, interest, or right […]
Effective: October 17, 2019 Latest Legislation: House Bill 166 – 133rd General Assembly Notwithstanding any other rule of law, any covenant or agreement in deeds, land contracts, leases and any other instruments or conveyance by which real estate or any interest in real estate is conveyed by or to the developer or by the new […]
Effective: June 29, 1979 Latest Legislation: House Bill 637 – 113th General Assembly (A) In any action brought to enforce, modify, terminate, declare rights under, or otherwise affect an encumbrance relating to real property within a new community district, or in any action in which the requested relief would affect an encumbrance, one or more […]
Effective: October 4, 1972 Latest Legislation: House Bill 1063 – 109th General Assembly A new community authority may, from time to time, issue community authority bonds and notes of the authority in such principal amounts as, in the opinion of the board of trustees of the authority, are necessary for the purposes of paying all […]
Effective: January 10, 1991 Latest Legislation: Senate Bill 332 – 118th General Assembly The issuance of new community authority bonds and notes or new community authority refunding bonds under this chapter need not comply with any other law applicable to the issuance of bonds or notes; however, sections 9.98 and 9.981 to 9.983 of the […]
Effective: October 4, 1972 Latest Legislation: House Bill 1063 – 109th General Assembly In the discretion of the board of trustees, any community authority bonds or notes or new community authority refunding bonds or notes issued under Chapter 349. of the Revised Code may be secured by a trust agreement or indenture of mortgage between […]
Effective: October 4, 1972 Latest Legislation: House Bill 1063 – 109th General Assembly Any holder or guarantor of new community authority bonds or notes issued under Chapter 349. of the Revised Code, or any of the coupons appertaining thereto, and the trustee under any trust agreement or indenture of mortgage except to the extent the […]
Effective: January 1, 1997 Latest Legislation: House Bill 538 – 121st General Assembly Moneys in the funds of the new community authority, except as otherwise provided in any resolution authorizing the issuance of its community authority bonds or in any trust agreement or indenture of mortgage securing the same, or related agreement, in excess of […]
Effective: October 4, 1972 Latest Legislation: House Bill 1063 – 109th General Assembly Any governmental entity or agency may, notwithstanding any contrary provision of law, lease, lend, grant, or convey to the new community authority at the authority’s request, or lease, borrow, accept, or receive from the authority upon such terms as the proper authorities […]
Effective: September 29, 2015 Latest Legislation: House Bill 64 – 131st General Assembly Except as provided in section 349.03 of the Revised Code, or as otherwise provided in a resolution adopted by the organizational board of commissioners of a new community authority, a new community authority organized under this chapter may be dissolved only on […]
Effective: October 4, 1972 Latest Legislation: House Bill 1063 – 109th General Assembly If all or any portion of a new community district is annexed to a municipal corporation, the new community authority shall nevertheless continue in existence to carry out the new community development program for such district, and shall remain responsible for any […]
Effective: October 4, 1972 Latest Legislation: House Bill 1063 – 109th General Assembly Chapter 349. of the Revised Code shall be liberally construed to effect its purposes.