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Section 122.4055 | No responsibility for lack of response.

...The development services agency shall not be responsible for any failure by a broadband provider to respond to a request made by the agency pursuant to section 122.4051 of the Revised Code or to submit an application for a program grant under the Ohio residential broadband expansion grant program.

Section 122.4060 | Grant required for eligible project to proceed.

...(A) An eligible project shall not proceed unless the broadband expansion program authority awards a program grant under section 122.4043 of the Revised Code. (B) After receiving a program grant award, the broadband provider shall construct and install last mile broadband infrastructure to the eligible project.

Section 122.4061 | Financial responsibility before project completion.

...red by the broadband provider prior to completion of the project or the award of a program grant.

Section 122.4063 | Ownership or transfer of broadband infrastructure.

... 122.40 to 122.4077 of the Revised Code entitles the state of Ohio, the development services agency, the broadband expansion program authority, or any other governmental entity to any ownership or other rights to broadband infrastructure constructed by a broadband provider pursuant to a program grant awarded to an eligible project. (B) Nothing in sections 122.40 to 122.4077 of the Revised Code prevents an assignmen...

Section 122.4070 | Annual and operational reports.

...cy not later than sixty days after the completion of the project and annually thereafter for a period of four years.

Section 122.4071 | Report contents and public availability.

...nd service provided; (4) The average price of broadband service; (5) The number of broadband service subscriptions attributable to the program grant.

Section 122.4073 | Due date and extensions for reports.

...The development services agency may set a due date for the reports required under section 122.4070 of the Revised Code and, for good cause shown, may grant extensions of the report due dates.

Section 122.4075 | Reports, documents confidential.

...ised Code, and all information and documents in them, shall be maintained on a confidential basis by the development services agency and shall not be published on the agency's web site until the agency determines what information or documents are not confidential pursuant to section 122.4023 of the Revised Code.

Section 122.4076 | Annual program report by Authority.

...ier two broadband service for the first time under the program; (5) Findings and recommendations that have been agreed to by a majority of the authority members. (B) The report shall be published on the department of development's web site and shall be included as part of the department's annual report filed under section 121.18 of the Revised Code. The authority shall present the report annually to the governo...

Section 122.4077 | Residential broadband expansion grant rules.

...hearings, and opportunities for public comment. (C) The agency may adopt rules and procedures to implement sections 122.4051, 122.4053, and 122.4055 of the Revised Code. (D) Rules adopted under this section are not subject to section 121.95 of the Revised Code. (E) The agency and the authority are not subject to division (F) of section 121.95 of the Revised Code regarding the development and adoption of rules ...

Section 122.41 | Director's powers and duties under Chapter 122.

...122. of the Revised Code, in order to promote the welfare of the people of the state, to stabilize the economy, to provide employment, to assist in the development within the state of industrial, commercial, distribution, and research activities required for the people of the state, and for their gainful employment, or otherwise to create or preserve jobs and employment opportunities, or improve the economic welfare ...

Section 122.42 | Director's powers and duties under R.C. 122.41 to 122.62.

...at least fifty per cent of the contract price, conditioned upon faithful performance of the contract. (7) Employ financial consultants, appraisers, consulting engineers, superintendents, managers, construction and accounting experts, attorneys, and other employees and agents as are necessary in the director's judgment and fix their compensation; (8) Assist qualified persons in the coordination and formation of ...

Section 122.43 | Lending funds.

...al, may lend funds which are obtained from the sale of revenue bonds issued by the treasurer of state pursuant to sections 122.39 and 122.41 to 122.62 of the Revised Code, from revenues or other receipts or income of the director, or funds established in accordance with sections 122.39 and 122.41 to 122.62 of the Revised Code, and from grants, gifts, and contributions subject to any provisions of resolutions authoriz...

Section 122.44 | Terms of loans.

...harges, rates of interest, times of payment of interest and principal, and other terms, conditions, and provisions of the loans made by the director of development services pursuant to sections 122.39 and 122.41 to 122.62 of the Revised Code shall be such as the director determines to be appropriate and in furtherance of the purpose for which the loans are made, but the mortgage lien securing any money loaned by the ...

Section 122.45 | Loans to political subdivisions.

... money for the aforesaid use within the time required in order to secure the desired creation, location, or expansion of such facilities; (C) An agreement for repayment of the money loaned with interest thereon has been made by such subdivision evidenced by its notes, bonds, or by written contract, payable, however, only from moneys payable to such subdivision by a community improvement corporation, an Ohio developm...

Section 122.46 | Purchase, sale, improvement of property for industrial, commercial, distribution or research facilities.

... as the director determines and at such price or on such rentals as the director determines to be fair and reasonable. Such lease may provide for improvements to be made by the lessee at its expense, all of which shall immediately become the property of the director. Movable personal property of the lessee shall remain its property. The director shall determine the amount to be paid in the acquisition and improveme...

Section 122.47 | Issuing bonds.

...ntals so as to assure receipt of net income and revenue sufficient to provide for the payment of the principal of and the interest on the revenue bonds.

Section 122.48 | Issuing revenue bonds.

...y at the option of the director at such price or prices and under such terms and conditions as are fixed by the director prior to the issuance of the bonds. The director shall determine the form of the bonds, including any interest coupons to be attached thereto, and the denomination or denominations of the bonds and the place or places of payment of principal and interest, which may be at any bank or trust company w...

Section 122.49 | Using bond proceeds.

...The proceeds of each issue of revenue bonds issued pursuant to sections 122.39 and 122.41 to 122.62 of the Revised Code shall be used for the making of loans authorized in sections 122.43 and 122.45 of the Revised Code, for the purchase and improvement of property authorized in section 122.46 of the Revised Code, and for the crediting into and among the funds established in accordance with sections 122.35 and 122.54,...

Section 122.50 | Bonds not a debt of state.

...t such bonds shall be payable solely from the funds pledged for their payment as authorized by such sections, or by funds derived from the issuance of refunding bonds as authorized in section 122.52 of the Revised Code, which refunding bonds shall be payable solely from funds pledged for their payment as authorized by such section. All such revenue bonds shall contain on the face thereof a statement to the eff...

Section 122.51 | Bonds are lawful investments.

... deposit guarantee associations, trust companies, trustees, fiduciaries, trustees or other officers having charge of sinking or bond retirement funds of municipal corporations and other subdivisions of this state, and of domestic insurance companies notwithstanding sections 3907.14 and 3925.08 of the Revised Code, and are acceptable as security for the deposit of public moneys.

Section 122.52 | Issuing revenue refunding bonds.

...ction 122.51 of the Revised Code at the times and in the order and manner provided by the director and in any trust agreement securing such bonds and shall also be secured by moneys in the other funds established pursuant to sections 122.39 and 122.41 to 122.62 of the Revised Code to the extent and on the terms specified by the director, for the purpose of refunding any revenue bonds then outstanding which have been ...

Section 122.53 | Bonds secured by trust agreements.

...rustee, which trustee may be any trust company or bank having the powers of a trust company within or without the state. Any such trust agreement may pledge or assign payments of principal of and interest on loans, charges, fees, and other revenue to be received by the director of development, all rentals received under leases made by the director, and all proceeds of the sale or other disposition of property held...

Section 122.54 | Direct loan program fund.

...eeds of the sale of any issue of its revenue bonds to the extent and subject to the conditions provided in the proceedings authorizing such bonds or in the trust agreement securing such bonds, all grants, gifts, and contributions made to the director of development for such purpose, and all other moneys designated by him for the purpose of making loans or required to be used for such purpose by the provisions of any ...

Section 122.571 | Revenue bond guaranty fund.

...There is hereby created the revenue bond guaranty fund to consist of all money allocated by the director of development to guarantee payment of interest on, principal of and redemption premium on, the revenue bonds issued by the director under Chapter 122. of the Revised Code, all grants, gifts, and contributions made to the director for such purpose, and all money and property provided by law for such purpose.