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The Legislative Service Commission staff updates the Revised Code on an ongoing basis, as it completes its act review of enacted legislation. Updates may be slower during some times of the year, depending on the volume of enacted legislation.

Section 511.261 | Disposition of moneys for sale or lease of park district mineral rights.

Ohio Revised Code
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Title 5 Townships
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Chapter 511 Memorial Buildings; Halls; Parks
 
Effective:
September 29, 2013
Latest Legislation:
House Bill 59 - 130th General Assembly
PDF:
Download Authenticated PDF
 

If a township park district enters into an agreement for the sale or lease of mineral rights regarding a park within the district, any royalties or other moneys resulting from the sale or lease shall be deposited into a special fund that the board of park commissioners shall establish under division (F) of section 5705.09 of the Revised Code. The fund shall be used exclusively for maintenance of parks within the district and for the acquisition of new park lands.

Available Versions of this Section