Ohio Revised Code Search
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Section 3735.46 | Issuance of bonds - sale - validity - bonds negotiable.
...Bonds of a metropolitan housing authority shall be authorized by its resolution and may be issued in one or more series and shall bear such date, mature at such time, bear interest at such rates, not exceeding the rate provided in section 9.95 of the Revised Code, be in such denomination, be in such form, either coupon or registered, carry such conversion or registration privileges, have such rank or priority, be exe... |
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Section 3735.47 | Additional powers of authority relative to issuance of bonds.
... other purposes, and covenant as to the deposit, use, and disposition of the moneys held in such funds; (F) Prescribe the procedure by which the terms of any contract with bondholders may be amended or abrogated, the amount of bonds the holders of which must consent thereto, and the manner in which such consent may be given; (G)(1) Covenant as to the use of any or all of its real or personal property; (2) warrant i... |
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Section 3735.48 | Rights of bondholders.
...A bondholder or a trustee for a bondholder of a metropolitan housing authority may, in addition to all other rights which may be conferred on such bondholder or trustee, subject only to any contractual restrictions binding upon such bondholder or trustee: (A) Compel, by mandamus, suit, action, or proceeding at law or in equity the authority and the members, officers, agents, or employees thereof to perform each term... |
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Section 3735.49 | Rights in event of default.
...A metropolitan housing authority may by its resolution, trust indenture, mortgage, or other contract confer upon any bondholder or any trustee for a bondholder holding or representing a specified amount in bonds, the right, in addition to all rights that may otherwise be conferred, upon the happening of an event of default as defined in such resolution or instrument, by suit, action, or proceeding in any court of com... |
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Section 3735.50 | Metropolitan housing authority is a political subdivision.
...A metropolitan housing authority, created under section 3735.27 of the Revised Code, constitutes a political subdivision of the state within the meaning of section 5739.02 of the Revised Code. |
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Section 3735.51 | Housing cooperation law definitions.
...As used in sections 3735.51 to 3735.57, inclusive, of the Revised Code: (A) "Housing project" means any work or undertaking of a housing authority pursuant to sections 3735.27 to 3735.50, inclusive, of the Revised Code, or any similar work or undertaking of the federal government. (B) "State public body" means any township, county, municipal corporation, commission, district, authority, other subdivision, or public... |
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Section 3735.52 | Powers of public bodies.
...he public interest and afford necessary safety, sanitation, and other protection, no state public body shall require any changes to be made in the housing project or the manner of its construction or take any other action relating to such construction; (I) In connection with any public improvements made by a state public body in exercising the powers granted in such sections, such state public body may incur the ent... |
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Section 3735.53 | Contracts of public bodies.
...In connection with any housing project located wholly or partly within the area in which it is authorized to act, any state public body may contract with a metropolitan housing authority or the federal government with respect to the sum which the authority or the federal government may agree to pay, during any year or period of years, to the state public body for the improvements, services, and facilities to be furni... |
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Section 3735.54 | Loan or donation of money.
...Any municipal corporation or county, located in whole or in part within the territorial limits of a metropolitan housing authority, may lend or donate money to the authority or agree to take such action. The authority, when it has money available therefor, shall make reimbursements for all such loans made to it. |
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Section 3735.55 | Resolution granting powers to public bodies - effective immediately.
...The exercise by a state public body of the powers granted in sections 3735.51 to 3735.57, inclusive, of the Revised Code, may be authorized by ordinance or resolution of the governing body of such state public body, adopted in accordance with the charter of such public body or in the absence of a charter provision by a majority of the members of its governing body present at a meeting of said governing body, which re... |
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Section 3735.56 | Bodies corporate and politic.
...Metropolitan housing authorities are hereby constituted bodies corporate and politic with all the powers, rights, and duties set forth in sections 3735.27 to 3735.50, inclusive, of the Revised Code. |
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Section 3735.57 | Investment of funds in authority - public or private funds.
...as satisfactory security for all public deposits. This section authorizes the investment in bonds or other obligations of an authority of all sinking, insurance, retirement, compensation, pension, and trust funds, whether owned or controlled by private or public persons or officers, and funds owned by, or held on deposit in, any banking institution or building and loan association. |
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Section 3735.58 | Contracts for sale of land not needed by certain departments.
...ll be paid by the authority which shall deposit with the director one hundred fifty dollars before the appraisal is made. If the deposit exceeds the appraisal fee, the balance shall be returned to the authority. The appraisal value, when approved by the director, is the purchase price. If the purchase price is not paid within ninety days after notice to the authority of the approved appraisal value, the director shal... |
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Section 3735.59 | Contracts for furnishing services to tenants.
...A metropolitan housing authority may contract with persons, associations, or corporations, or with the state, a state department or agency, or a state public body as defined in section 3735.51 of the Revised Code for furnishing to the authority food services, health clinics, medical services, or other services for tenants of the authority who are not able to provide for themselves. The director of any state departme... |
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Section 3735.62 | Veterans housing corporations.
...(A) Any five or more veterans, all of whom are citizens of the United States and residents of this state, may form a corporation not for profit under sections 1702.01 to 1702.58 of the Revised Code, relating to corporations not for profit, for the purpose of purchasing real property and constructing thereon residences for sale to members of such corporation without any profit to the corporation, borrowing money for s... |
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Section 3735.65 | Community reinvestment area definitions.
...As used in sections 3735.65 to 3735.70 of the Revised Code: (A) "Housing officer" means an officer or agency of a political subdivision designated by the legislative authority of the political subdivision, pursuant to section 3735.66 of the Revised Code, for each community reinvestment area to administer sections 3735.65 to 3735.69 of the Revised Code. One officer or agency may be designated as the housing officer... |
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Section 3735.66 | Resolution describing boundaries of areas and eligibility for tax exemption.
...The legislative authority of a political subdivision may survey the housing within the municipal corporation in the case of a municipal corporation, the unincorporated area of the township in the case of a limited home rule township, and the unincorporated area of the county in the case of a county. After the survey, the legislative authority may adopt a resolution describing the boundaries of community reinvestment ... |
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Section 3735.661 | Pre-1994 community reinvestment area term extension.
...(A) For the purpose of determining the "first two amendments" referenced in division (B) of Section 3 of Am. Sub. S.B. 19 of the 120th general assembly, an amendment means any modification to an ordinance or resolution adopted under section 3735.66 of the Revised Code that does any of the following: (1) Expands the geographic size of a community reinvestment area; (2) Increases a property's or category of propert... |
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Section 3735.67 | Applying for exemption from taxation.
...(A) The owner of real property located in a community reinvestment area and eligible for exemption from taxation under a resolution adopted pursuant to section 3735.66 of the Revised Code may file an application for an exemption from real property taxation of a percentage of the assessed valuation of a new structure, or of the increased assessed valuation of an existing structure after remodeling began, if the new st... |
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Section 3735.671 | Written agreement where commercial or industrial property is to be exempted.
...(A) If construction or remodeling of commercial or industrial property is to be exempted from taxation pursuant to section 3735.67 of the Revised Code, the legislative authority and the owner of the property, prior to the commencement of construction or remodeling, shall enter into a written agreement, binding on both parties for a period of time that does not end prior to the end of the period of the exemption, that... |
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Section 3735.672 | Annual report.
... the director of development, who shall deposit the warrant into the tax incentives operating fund created by section 122.174 of the Revised Code. (C) The department of development shall publish on its web site a list of all community reinvestment areas within the state, with an accompanying display of their geographical boundaries within each political subdivision. The list shall also include, for each community r... |
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Section 3735.673 | Notice to legislative authority.
...If a person operating in a political subdivision intends to relocate or relocates part or all of its operations to another political subdivision and has entered into or intends to enter into an agreement under section 3735.671 of the Revised Code with that political subdivision, the legislative authority of the political subdivision to which that person intends to relocate or relocates shall serve the legislative aut... |
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Section 3735.68 | Revoking tax exemption.
...The housing officer shall make annual inspections of the properties within the community reinvestment area upon which are located structures or remodeling for which an exemption has been granted under section 3735.67 of the Revised Code. If the housing officer finds that the property has not been properly maintained or repaired due to the neglect of the owner, the housing officer may revoke the exemption at any time ... |
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Section 3735.69 | Community reinvestment area housing council - powers and duties.
...(A) A community reinvestment area housing council shall be appointed for each community reinvestment area, as follows: (1) When the area is designated by a municipal corporation, the council shall be composed of two members appointed by the mayor of the municipal corporation, two members appointed by the legislative authority of the municipal corporation, and one member appointed by the planning commission of the m... |
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Section 3735.70 | Appeals.
...Any person aggrieved under sections 3735.65 to 3735.69 of the Revised Code may appeal to the community reinvestment area housing council, which shall have the authority to overrule any decision of a housing officer. Appeals may be taken from a decision of the council to the court of common pleas of the county where the area is located. |