Chapter 4981-1 General Provisions

4981-1-01 Open-meeting notice rule.

(A) Definitions. As used in this rule:

(1) "Day" means calendar day.

(2) "Meeting" means any prearranged discussion of the public business of the commission by a majority of the members of the commission or by a majority of the members of any committee or subcommittee of the commission.

(3) "Oral notification" means notification given orally, either in person or by telephone, directly to the person for whom such notification is intended, or by leaving an oral message for such person at the address, or if by telephone at the telephone number, of such person as shown on the records kept by the secretary-treasurer under this rule.

(4) "Post" means to post, in an area accessible to the public, during usual business hours at the office of the secretary-treasurer and at the following location:

"Entrance Lobby, Suite 1510

LeVeque Tower

Columbus, Ohio"

A notice identifying the locations at which notifications will be posted pursuant to this rule shall be published by the secretary-treasurer within five calendar days after the adoption of this rule.

(5) "Special meeting" means a meeting which is neither a regular meeting nor an adjournment of a regular meeting to another time or day to consider items specifically stated on the original agenda of such regular meeting.

(6) "Written notification" means notification in writing which is mailed,

or delivered to the address, or sent by electronic facsimile transmission to the facsimile telephone number, or sent by electronic mail to the electronic mail address, of the person for whom such notification is intended, as shown on the records kept by the secretary-treasurer under this rule, or in any way delivered to such person. If mailed, such notification shall be mailed by first class mail, deposited in a U.S. postal service mailbox not later than the second day preceding the day of the meeting to which such notification refers, provided that at least one regular mail delivery day falls between the day of mailing and the day of such meeting.

(B) Notice of regular and organizational meetings.

(1) The secretary-treasurer shall post a statement of the times and places of regular meetings of the commission of each calendar year not later than the second day preceding the day of the first regular meeting of the calendar year. The secretary-treasurer shall check at reasonable intervals to ensure that such statement remains so posted during such calendar year. If at any time during the calendar year the time or place of regular meetings, or of any regular meeting, is changed on a permanent or temporary basis, a statement of the time and place of such changed regular meetings shall be so posted by the secretary-treasurer at least twenty-four hours before the time of the first changed regular meeting.

(2) The secretary-treasurer shall post a statement of time and place of the annual meeting of the commission at least twenty-four hours before the time of such annual meeting.

(3) Upon the adjournment of any regular or special meeting to another day, the secretary-treasurer shall promptly post notice of the time and place of such adjourned meeting.

(C) Notice of special meetings.

(1) Except in the case of a special meeting referred to in paragraph (D)(4) of this rule, the secretary-treasurer shall, not later than twenty-four hours before the time of a special meeting, post a statement of the time, place and purpose of such special meeting.

(2) The statement provided for in this subsection and the notifications provided for in paragraph (D)(4) of this rule shall state such specific or general purposes then known to the secretary-treasurer that are intended to be considered at such special meeting and may state, as an additional general purpose, that any other business as may properly come before the commission at such meeting may be considered and acted upon.

(D) Notice to news media of special meetings.

(1) Any news medium organization that desires to be given advance notification of special meetings shall file with the secretary-treasurer a written request therefor, on a standard form to be provided by the secretary-treasurer. Except in the event of an emergency requiring immediate official action; as referred to in paragraph (D)(4) of this rule, a special meeting shall not be held unless at least twenty-four hours' advance notice of the time, place and purposes of such special meeting is given to the news media that have requested such advance notification in accordance with paragraph (D)(2) of this rule.

(2) News media requests for such advance notification of special meetings shall specify the name of the medium; the name, address ,electronic mail address, and facsimile telephone number of the person to whom written notifications to the medium may be mailed, delivered or sent by electronic transmission; the names, addresses and telephone numbers (including addresses and telephone numbers at which notifications may be given either during or outside of business hours) of at least two persons to either one of whom oral notifications to the medium may be given; and at least one telephone number that the request identifies as being manned, and that can be called at any hour for the purpose of giving oral notification to such medium; and may include a telephone number that may be used for electronic facsimile transmission of written material.

Any such requests shall be effective for one year from the date of filing with the secretary-treasurer or until the secretary-treasurer receives written notice from such medium canceling or modifying such request, whichever is earlier. Each requesting news medium shall be informed of such period of effectiveness at the time it files its request. Such request may be modified or extended only by filing a complete request with the secretary-treasurer. A request shall not be deemed to be made unless it is complete in all respects and unless such request may be conclusively relied on by the commission and the secretary-treasurer.

(3) The secretary-treasurer shall give such oral or written notification, or both, as he or she determines, to the news media that have requested such advanced notification, in accordance with paragraph (D)(2) of this rule, of the time, place and purposes of each special meeting, at least twenty-four hours prior to such special meeting.

(4) In the event of an emergency requiring immediate official action, a special meeting may be held without giving twenty-four hours advance notification thereof to the requesting news media. The persons calling such meeting, or any one or more of such persons or the secretary-treasurer on their behalf, shall immediately give oral or written notification, or both, as the person giving such notification determines, of the time, place and purposes of such special meeting to such news media that have requested such advance notification in accordance with paragraph (D)(2) of this rule. The minutes or the call, or both, of any special meeting shall state the general nature of the emergency requiring immediate official action.

(E) Notification of discussion of special types of public business.

(1) Any person, upon written request and as provided herein, may obtain reasonable advance notification of all meetings at which any specific type of public business is scheduled to be discussed.

Such person shall file a written request with the secretary-treasurer, specifying the person's name and the address(es), electronic mail address, and telephone number(s) at or through which the person can be reached during and outside of business hours; the specific type of public business the discussion of which the person is requesting advance notification; and the number of calendar months (not to exceed twelve) which the request covers. Such request may be canceled by request for such person to the secretary-treasurer.

Each such written request shall be accompanied by stamped self-addressed number 10 envelopes sufficient in number to cover the number of regular meetings during the time period covered by the request. If the person desires notification after the supply of number ten envelopes has run out, such person must deliver to the secretary-treasurer an additional reasonable number of such stamped self-addressed envelopes as a condition to receiving further notifications.

Such requests may be modified or extended only by filing a complete new request with the secretary-treasurer. A request shall not be deemed to be made unless it is complete in all respects and unless such request may be conclusively relied on by the commission and the secretary-treasurer.

(2) The secretary-treasurer shall give such advance notification under this subsection by written, electronic, or oral notification, or all, as he or she determines. The contents of written or electronic notification under this paragraph may be a copy of the agenda of the meeting. Written or electronic notification under this paragraph may be accomplished by giving advance written notification, by copies of the agendas, of all meetings of the commission that are the subject of such request.

(F) Notification generally.

(1) Any person may visit or telephone the office of the secretary-treasurer during regular office hours to determine, based on information available at that office, the time and place of regular meetings; the time, place and purposes of any then known special meetings; and whether or not the available agenda of any such future meeting states that a specific type of public business, identified by such person, is to be discussed at such meeting.

(2) Any notification provided herein to be given by the secretary-treasurer may be given by any person acting in behalf of or under the authority of the secretary-treasurer.

(3) A reasonable attempt at notification shall constitute notification in compliance with this rule.

(4) A certificate by the secretary-treasurer as to compliance with this rule shall be conclusive upon the commission.

(G) Executive sessions.

(1) Executive sessions of the commission or of any committee or subcommittee thereof may be held only at a regular or special meeting for the sole consideration of any of the matters authorized by division (G) of section 121.22 of the Revised Code, as the same shall be amended or substituted for from time to time.

(2) A motion to hold an executive session shall state which of the one or more matters approved by division (G) of section 121.22 of the Revised Code will be considered at the executive session. The vote on the motion shall be by roll-call vote and in the case of the commission shall require at least five affirmative votes for adoption; and, in the case of a committee or subcommittee shall require the affirmative vote of a majority of a quorum of the committee or subcommittee.

Effective: 07/05/2010
R.C. 119.032 review dates: 02/05/2009 and 02/05/2014
Promulgated Under: 111.15
Statutory Authority: 4981.14
Rule Amplifies: 121.22
Prior Effective Dates: 2/20/86;2/19/88;4/20/91;2/8/96

4981-1-02 Public notice as to adoption, amendment or rescission of rules.

(A) The purpose of this rule is to set forth in detail the method that the commission will follow in giving public notice as to the adoption, amendment or rescission of rules, pursuant to section 119.03 of the Revised Code.

(B) For purposes of this rule the terms "rule" and "persons" have the same meanings assigned to them, respectively by section 119.03 of the Revised Code.

(C) Public notice of the proposed consideration by the commission of the adoption, amendment or rescission of any rule of the commission shall be given by or at the direction of the secretary-treasurer in the following manner:

(1) The text of the notice shall be published in the register of Ohio.

(2) A copy of the notice shall be mailed to any person who requests it in person, by telephone or in writing, and who pays to the secretary-treasurer the reasonable cost, as determined by the secretary-treasurer, of the copying and mailing of the public notice.

(3) A copy of the notice shall be furnished to any person who appears and requests the same at the office of the commission and who pays to the secretary-treasurer the reasonable cost, as determined by the secretary-treasurer, of copying the public notice.

(4) A copy of the notice shall be mailed to any person who requests a copy of the particular notice or who has requested a copy of each notice and as to which the secretary-treasurer has on hand a sufficient supply of addressed envelopes provided by the persons requesting the notice or notices and to which is affixed sufficient postage to cover the cost of mailing.

Effective: 07/05/2010
R.C. 119.032 review dates: 02/05/2009 and 02/05/2014
Promulgated Under: 111.15
Statutory Authority: 4981.14
Rule Amplifies: 119.03
Prior Effective Dates: 2/8/96

4981-1-03 Definitions.

As used in this chapter:

(A) The term "qualified project" means a rail project, including without limitation, rehabilitation, construction, planning, relocation, acquisition, rail property, or rail facilities.

(B) The term "borrower" means any public entity or private entity.

(C) The term "public entity" means a state agency, county, city, village, township, regional transit board, port authority organized under Chapter 4582. of the Revised Code, transportation improvement district organized under Chapter 5540. of the Revised Code, or other governmental entity organized under the laws of this state for the primary purpose of facilitating and improving rail transportation.

(D) The term "private entity" means a corporation, partnership, association, or limited liability company.

(E) The term "financial assistance" includes any of the following:

(1) Loans,

(2) Financing leases,

(3) Credit enhancements;

(4) Reserve funds;

(5) Interest rate subsidies;

(6) Letters of credit and credit instruments; and

(7) To provide other forms of debt financing or methods of leveraging funds approved by the Ohio rail development commission (ORDC).

Effective: 07/05/2010
R.C. 119.032 review dates: 02/05/2009 and 02/05/2014
Promulgated Under: 111.15
Statutory Authority: 4981.14
Rule Amplifies: RCCHAPTER 4981
Prior Effective Dates: 10/31/96 (Emer.);1/10/97

4981-1-04 Administration of loans/bonds/grants.

The ORDC shall administer loans, bonds and grants to provide financial assistance for qualified rail projects in the state of Ohio, as prescribed in this chapter of the Administrative Code.

In authorizing financial assistance, the ORDC shall use prudent financial guidelines related to the desirability, timing, and relative risk of the project. The ORDC shall not undertake projects which, in the ORDC's determination, are of limited public use or could be considered for full funding by private financial institutions without the financial assistance of the ORDC.

R.C. 119.032 review dates: 02/05/2009 and 02/05/2014

Promulgated Under: 111.15

Statutory Authority: 4981.14

Rule Amplifies: ORDC CHAPTER 4981

Prior Effective Dates: 10/31/96(Emer.); 1/10/97

4981-1-05 Security for financial assistance.

The ORDC may request any of the following as security for financial assistance:

(A) A pledge of identified tax revenues, fees, or other revenues derived directly or indirectly from the project;

(B) A guarantee from the borrower or another person;

(C) A mortgage or lien position on or security interest in the project or a portion of the project, or any other asset of the borrower;

(D) Other credit enhancement the ORDC determines appropriate.

R.C. 119.032 review dates: 02/05/2009 and 02/05/2014

Promulgated Under: 111.15

Statutory Authority: 4981.14

Rule Amplifies: RC CHAPTER 4981

Prior Effective Dates: 10/31/96(Emer.);1/10/97

4981-1-06 Fees.

The ORDC shall establish and collect application and issuance fees for financial assistance in amounts the ORDC determines appropriate. The ORDC shall make available a publication setting forth the fees, which may be updated whenever the ORDC determines necessary.

R.C. 119.032 review dates: 02/05/2009 and 02/05/2014

Promulgated Under: 111.15

Statutory Authority: 4981.14

Rule Amplifies: RC CHAPTER 4981

Prior Effective Dates: 10/31/96(Emer.);1/10/97

4981-1-07 Eligibility criteria.

The ORDC shall determine the eligibility of a project based on the following criteria:

(A) Whether environmental assessments and subsequent clearance processes are complete to the extent necessary to meet the funding source requirements;

(B) Whether preliminary engineering will be completed prior to loan closing. "Preliminary engineering" includes the major investment study, wetlands analysis and mitigation plan, and any other required studies.

(C) Whether the borrower guarantees cost overruns;

(D) Whether the project will have an identifiable revenue source which, in the ORDC's determination, likely will amortize the project debt;

(E) The borrower's ability to repay;

(F) The borrower's ability to manage the project;

(G) The borrower's working capital or operating funds;

(H) The public need or public benefit of the project;

(I) The borrower's available collateral; and

(J) The status of the project in relation to actual construction startup;

(K) Any other criteria the ORDC determines appropriate.

R.C. 119.032 review dates: 02/05/2009 and 02/05/2014

Promulgated Under: 111.15

Statutory Authority: 4981.14

Rule Amplifies: RC CHAPTER 4981

Prior Effective Dates: 10/31/96(Emer.); 1/10/97

4981-1-08 Application procedure.

In order to be eligible for financial assistance through the ORDC, a borrower shall submit an application on a form prescribed by the ORDC. The application shall include a complete description of the project, sources and use of funds, repayment sources, and financial justification for the assistance. The ORDC executive director, with assistance of ORDC staff, will determine the completeness of the application. If appropriate, other state agencies will review the application and submit recommendations. Upon request, additional information may be necessary.

The ORDC executive director, along with appropriate ORDC staff, will present applications to the Ohio rail development commission and recommend either approval, disapproval, or approval with modifications. The applicant may be required to attend and/or make a project presentation. The ORDC shall deliver to the applicant a term sheet outlining the terms of the financial assistance. The ORDC and borrower shall coordinate preparation of any documents needed to finalize the financial assistance.

R.C. 119.032 review dates: 02/05/2009 and 02/05/2014

Promulgated Under: 111.15

Statutory Authority: 4981.14

Rule Amplifies: ORC CHAPTER 4981

Prior Effective Dates: 10/31/96(Emer.);1/10/97