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Home » US Law » 2022 Ohio Revised Code » Title 3 | Counties » Chapter 349 | New Community Organization

Section 349.01 | New Community Organization Definitions.

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 […]

Section 349.02 | Orderly Development of New Communities.

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 […]

Section 349.04 | Method of Selecting Board of Trustees.

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 […]

Section 349.05 | Restricting Power and Authority of New Community Authority.

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 […]

Section 349.06 | Power and Authority of New Community Authority.

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 […]

Section 349.07 | Payment of Community Development Charge.

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 […]

Section 349.08 | Issuing Bonds.

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 […]

Section 349.10 | Bonds Secured by Trust Agreement.

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 […]

Section 349.11 | Bondholder Rights.

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 […]

Section 349.12 | Investing Funds.

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 […]

Section 349.13 | Agreements With Other Governmental Entity or Agencies.

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 […]

Section 349.14 | Election on Question of Dissolution of Authority.

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 […]

Section 349.15 | Municipal Annexation.

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 […]