Enterprise zone facility means an enterprise zone facility as defined in section 1394 of the Internal Revenue Code. Eligible project means a project that was not placed in service two years prior to the date of issuance of the related bonds. For purposes of this definition, placed in service means the date on which, based on all the facts and circumstances, a facility has reached a degree of completion which would permit its operation at substantially its design level and the facility is, in fact, in operation at such level. Exempt facility bonds means restricted bonds, except restricted bonds issued for multi-family rental housing projects or enterprise zone facilities, exempt small issue and student loan bonds or mortgage revenue bonds or others that are exempt facility bonds as defined in section 142 of the Internal Revenue Code. 26 U.S.C.A. 1 et seq., as amended from time to time, and includes any laws of the United States providing for application of that code and the applicable regulations or rulings thereunder, including temporary and proposed regulations.
State means the state of Ohio.
In determining the last day for undertaking an act under this chapter, section 1.14 of the Revised Code is applicable, except as otherwise stated in this chapter. References in this chapter to time of day are to the time in the eastern time zone as then in effect in the state. This chapter applies to all confirmations issued under this chapter.