122:20-1-01 Definitions.

(A) "Non-profit economic development organization" means a non-profit corporation organized under Chapter 1702. of the Revised Code for purposes of performing economic development functions in the state of Ohio at the local, county, regional or state levels.

(B) "Political Subdivision" means a municipal corporation, township, county, or other body corporate and politic responsible for governmental activities in a geographic area smaller than that of the state.

(C) "Local match" means the investment commitment by the eligible applicant and third party project partners to support the eligible project. Local match may include financial and in-kind contributions made by the eligible applicant and third parties with which the eligible applicant has a binding agreement with respect to the eligible project. Local match does not, however, include any state-sourced grants.

(D) "Grantee" means an eligible applicant whose eligible project has been selected by the director of the Ohio development services agency and approved by the state controlling board for an award, and who has entered into a binding agreement to receive job ready sites program assistance.

(E) "Director" means the director of the Ohio development services agency.

Effective: 04/07/2014
R.C. 119.032 review dates: 12/19/2013 and 04/07/2019
Promulgated Under: 119.03
Statutory Authority: 122.083(B)
Rule Amplifies: 122.085 , 122.0820
Prior Effective Dates: 12/21/2007