reglab/statecodes huggingface dataset:
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.07 | Restrictions as to Members or Employees of Bridge Commissions.

Effective:
September 4, 1982
Latest Legislation:
House Bill 98 - 114th General Assembly
No person while in the employ of or holding any official relation to any person, firm, or corporation selling or furnishing any materials entering into the construction, improvement, repair, or maintenance of any bridge constructed or acquired by the county or city bridge commission, or who is pecuniarily interested therein as a stockholder or otherwise shall be a member of the county or city bridge commission. No such commission shall appoint any person as engineer, superintendent, or foreman sustaining such relation to such person, firm, or corporation. No such engineer, superintendent, or foreman shall thereafter become in any way connected with or interested in any such person, firm, or corporation while in the employ of such commission.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.11 | Bonds Not a Debt of State.

Effective:
October 30, 1989
Latest Legislation:
House Bill 230 - 118th General Assembly
Bridge revenue bonds issued under this chapter do not constitute a debt, or a pledge of the faith and credit, of the state or of any political subdivision thereof, but such bonds are payable solely from the funds pledged for their payment as authorized by this chapter, or by funds derived from the issuance of refunding bonds as authorized under this chapter, which refunding bonds are payable solely from funds pledged for their payment as authorized by such chapter. All such bridge revenue bonds shall contain on the face thereof a statement to the effect that the bonds, as to both principal and interest, are not an obligation of this state or of any political subdivision thereof, but are payable solely from revenues pledged for their payment.
All expenses incurred in carrying out this chapter are payable solely from funds provided under this chapter. This chapter does not authorize the bridge commission of any county or city to incur indebtedness or liability on behalf of or payable by the state or any political subdivision thereof.
Such bonds of counties and cities may be issued beyond the general limit of net indebtedness prescribed by Chapter 133. of the Revised Code, and shall not be considered in ascertaining the limitations of the net indebtedness created or incurred by the county or city without a vote of the electors.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.12 | Trust Indenture.

Effective:
September 4, 1982
Latest Legislation:
House Bill 98 - 114th General Assembly
In the discretion of the bridge commission of any county or city, any bonds issued under sections 5593.01 to 5593.24 of the Revised Code may be secured by a trust agreement between the commission and a corporate trustee, 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 the fees and other revenue to be received, but shall not convey or mortgage the bridge involved or any part thereof. Any such trust agreement or any resolution providing for the issuance of such bonds may contain such provisions for protecting and enforcing the rights and remedies of the bondholders as are reasonable and proper and not in violation of law, including covenants setting forth the duties of the commission in relation to the acquisition of property, and the construction, improvement, maintenance, operation, repair, and insurance of the bridge in connection with which such bonds are authorized, the rates of fees to be charged, and the custody, safeguarding, and application of all moneys, and provisions for the employment of consulting engineers in connection with the construction or operation of such bridge. Any bank or trust company incorporated under the laws of this state which may act as depository of the proceeds of bonds or of revenue may furnish such indemnifying bonds or may pledge such securities as are required by the commission. Any such trust agreement may set forth the rights and remedies of the bondholders and of the trustee, and may restrict the individual right of action by bondholders as is customary in trust agreements or trust indentures securing bonds or debentures of corporations.
Such trust agreement may contain such other provisions as the commission determines reasonable and proper for the security of the bondholders. All expenses incurred in carrying out the provisions of any such trust agreement may be treated as a part of the cost of the operation of such bridge. Any such trust agreement may provide the method whereby general administrative overhead expense of the commission shall be allocated among the several bridges constructed or acquired by it as a factor of the operation expense of each such bridge.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.13 | Bridge Commission to Fix and Collect Tolls - Use.

Effective:
September 4, 1982
Latest Legislation:
House Bill 98 - 114th General Assembly
The bridge commission of any county or city may fix, revise, charge, and collect tolls for the use of each bridge acquired or constructed by it. Tolls shall be so fixed and adjusted in respect to the aggregate of tolls from the bridge or bridges for which a single issue of bonds is issued, as to provide a fund sufficient, with other revenue from such bridge or bridges to pay:
(A) The cost of maintaining, repairing, and operating such bridge or bridges;
(B) The principal of and the interest on such bonds as such principal and interest becomes due and payable, and to create reserve for such purposes. Such tolls are not subject to supervision or regulation by any other commission, board, bureau, or agency of the state.
The tolls and all other revenues derived from each bridge or bridges in connection with which the bonds of any issue have been issued, except such part thereof as are necessary to pay such cost of maintenance, repair, and operation and to provide such reserves therefor as are provided for in the resolution authorizing the issuance of such bonds or in the trust agreement securing the bonds, shall be set aside, at such regular intervals as are provided in the resolution or agreement, in a sinking fund which is hereby pledged to and charged with the payment of the principal of and the interest on such bonds as they become due, and the redemption price of the purchase price of bonds retired by call or purchase as therein provided. Such pledge shall be valid and binding from the time the pledge is made. The tolls or other revenues or moneys so pledged and thereafter received by the commission are immediately subject to the lien of such pledge without any physical delivery thereof or further act, and the lien of any such pledge is valid and binding as against all parties having claims of any kind in tort, contract, or otherwise against the commission, irrespective of whether such parties have notice thereof. Neither the resolution nor any trust agreement by which a pledge is created need be filed or recorded except in the records of the commission. The use and disposition of moneys to the credit of such sinking fund is subject to the resolution authorizing the issuance of such bonds or of such trust agreement. Except as is otherwise provided in such resolution or trust agreement, such sinking fund shall be a fund for all such bonds, without distinction or priority of one over another.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.14 | Bond Proceeds and Revenues to Be Held in Trust.

Effective:
September 4, 1982
Latest Legislation:
House Bill 98 - 114th General Assembly
All moneys received under Chapter 5593. of the Revised Code, whether as proceeds from the sale of bonds or as revenues, are trust funds, to be held and applied solely as provided in such sections. Such funds shall be kept in depositories as selected by the bridge commission of any county or city in the manner provided in sections 135.01 to 135.21 of the Revised Code, insofar as such sections are applicable, and the deposits shall be secured as provided in sections 135.01 to 135.21 of the Revised Code. The resolution authorizing the issuance of bonds of any issue or the trust agreement securing such bonds shall provide that any officer to whom, or any bank or trust company to which, such moneys are paid shall act as trustee of such moneys and hold and apply them for the purposes hereof, subject to such regulations as sections 5593.01 to 5593.24 of the Revised Code, and such resolution or trust agreement provide.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.16 | Bridge Revenue Refunding Bonds.

Effective:
September 4, 1982
Latest Legislation:
House Bill 98 - 114th General Assembly
The bridge commission of any county or city may provide by resolution for the issuance of bridge revenue refunding bonds of such county or city, payable solely from revenues, for the purpose of refunding any bonds then outstanding which have been issued under Chapter 5593. of the Revised Code, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds. The issuance of such bonds, the maturities and other details thereof, the rights of the holders thereof, and the rights, duties, and obligations of the commission in respect to such bonds shall be governed by such chapter insofar as it is applicable.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.161 | Protection and Enforcement of Rights of Bondholder and Trustees.

Effective:
July 23, 1969
Latest Legislation:
House Bill 826 - 108th General Assembly
The issuance of bridge revenue bonds or bridge revenue refunding bonds under Chapter 5593. of the Revised Code need not comply with any other law applicable to the issuance of bonds.
Any holder of bonds issued under Chapter 5593. of the Revised Code, or of any of the coupons appertaining thereto, and the trustee under any trust agreement, except to the extent the rights given by such chapter may be restricted by such trust agreement, may by suit, action, mandamus, or other proceedings, protect and enforce any rights under the laws of the state or granted under such sections, trust agreement, or the resolution authorizing the issuance of such bonds, and may enforce and compel the performance of all duties required by such sections, or by the trust agreement or resolution, to be performed by the commission or any officer thereof, including the fixing, charging, and collecting of tolls.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.19 | Chapter Supplementary and Additional.

Effective:
July 23, 1969
Latest Legislation:
House Bill 826 - 108th General Assembly
Chapter 5593. of the Revised Code shall provide an additional and alternative method for the doing of the things authorized by such chapter and shall be regarded as supplementary and additional to powers conferred by other laws, and shall not be regarded as in derogation of any powers now existing.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.20 | Bylaws and Rules.

Effective:
September 4, 1982
Latest Legislation:
House Bill 98 - 114th General Assembly
The bridge commission of any county or city may adopt such bylaws and rules as it determines advisable for the control and regulation of each bridge constructed or acquired by it, for the protection and preservation of property under its jurisdiction and control, and for the maintenance and preservation of good order within the property under its control. Such bylaws and rules shall be published in a newspaper of general circulation in the county in which such bridge is located, and in such other manner as the commission prescribes.
Such rules and regulations shall provide that public police officers shall be afforded ready access, while in the performance of their official duty, to all property under the jurisdiction of the commission, without the payment of fees.
No person shall violate any such bylaws or rules. All fines collected for any such violation shall be paid into the treasury of the commission.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.21 | Conveying Property to Bridge Commission.

Effective:
August 27, 1981
Latest Legislation:
House Bill 73 - 114th General Assembly
Any municipal corporation or other political subdivision, and all public agencies and commissions of the state notwithstanding any contrary law may lease, lend, grant, or convey to a bridge commission, at its request, upon such terms as the proper authorities of such municipal corporations, other political subdivisions, or public agencies and commissions of the state determines reasonable and fair, and without the necessity for an advertisement, order of court, or other action or formality, other than the regular and formal action of the authorities concerned, any real property which is necessary or convenient to the effectuation of the authorized purposes of the commission, including public roads and other real property already devoted to public use.
On or before the first day of February in each year the commission shall make an annual report of its activities for the preceding calendar year to the governor and the general assembly. Each such report shall set forth a complete operating and financial statement covering the commission's operations during the year.
The commission shall submit a copy of its proposed annual budget for each calendar year to the general assembly, the office of budget and management, and the legislative budget office of the legislative service commission at the same time such budget is submitted to the trustees of the commission's bond holders.
The commission shall cause an audit of its books and accounts to be made at least once each year by certified public accountants and cost thereof may be treated as a part of the cost of construction or of operations of any bridges then in operation or in course of construction, such cost to be apportioned among said bridges in the discretion of the commission, but not in contravention of any existing trust agreement to which the commission is a party.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.22 | Operation and Maintenance of Bridges by Bridge Commission Exempt From Taxation.

Effective:
July 23, 1969
Latest Legislation:
House Bill 826 - 108th General Assembly
The exercise of the powers granted by Chapter 5593. of the Revised Code, is, in all respects, for the benefit of the people of the state, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions, and as the operation and maintenance of bridges by a bridge commission constitutes the performance of essential governmental functions, the commission shall not be required to pay any taxes or assessments upon any bridge or upon any property acquired or used by the commission under Chapter 5593. of the Revised Code, or upon the income therefrom, and the bonds issued under such chapter, their transfer, and the income therefrom, including any profit made on the sale thereof, shall at all times be free from taxation within the state.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.23 | Bridges Become Part of Highway System Upon Bridge Bond Payment.

Effective:
September 4, 1982
Latest Legislation:
House Bill 98 - 114th General Assembly
When all bridge bonds issued under sections 5593.01 to 5593.24 of the Revised Code, in connection with any bridge and the interest thereon have been paid, or a sufficient amount for the payment of all such bonds and the interest thereon, to the maturity thereof has been set aside in trust for the benefit of the bondholders, such bridge shall become part of the state highway system, shall thereafter be maintained by the department of transportation, and shall be free of tolls.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.24 | Journal of Proceedings.

Effective:
July 23, 1969
Latest Legislation:
House Bill 826 - 108th General Assembly
All final actions of a bridge commission shall be journalized and such journal shall be open to the inspection of the public at all reasonable times.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5593 | Bridge Commissions › Section 5593.99 | Penalty.

Effective:
July 23, 1969
Latest Legislation:
House Bill 826 - 108th General Assembly
Whoever violates section 5593.20 of the Revised Code shall be fined not more than fifty dollars for a first offense; for each subsequent offense such person shall be fined not more than five hundred dollars.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.01 | Definitions.

Effective:
October 3, 2023
Latest Legislation:
House Bill 33 - 135th General Assembly
As used in this chapter:
(A) "Regional transportation improvement project" or "project" means a regional transportation improvement project undertaken pursuant to section 5595.02 of the Revised Code.
(B) "Transportation improvement" means the construction, repair, maintenance, or expansion of streets, highways, parking facilities, rail tracks and necessarily related rail facilities, bridges, tunnels, overpasses, underpasses, interchanges, approaches, culverts, and other means of transportation, and the erection and maintenance of traffic signs, markers, lights, and signals.
(C) "Opportunity corridor improvement" means a public infrastructure improvement, as defined by section 5709.40 of the Revised Code, the primary purpose of which is to enhance or assist one or more transportation improvements or to create or facilitate economic development opportunities described in the memorandum of understanding or to otherwise benefit real property located, or businesses that are operating or will operate, within the development area, and that is funded at least in part with private funds. "Opportunity corridor improvement" includes the establishment, acquisition, ownership, control, management, sale, or transfer of a business under division (E) of section 5595.041 of the Revised Code.
(D) "Development area" means all parcels of real property located within two thousand five hundred feet of the outermost boundary of the right-of-way associated with any transportation improvement or economic development opportunity described in the memorandum of understanding. For the purpose of this division, a parcel is located within two thousand five hundred feet of the right-of-way if the distance between any portion of the parcel and any portion of the right-of-way is two thousand five hundred feet or less.
(E) "Right-of-way" means land, property, or the interest therein, usually in the configuration of a strip, acquired for or devoted to transportation or economic development purposes. "Right-of-way" includes the roadway, shoulders or berm, ditch, and slopes extending to the right-of-way limits under the control of the state or local authority.
(F) "Qualified RTIP" means a regional transportation improvement project undertaken before the effective date of this amendment.
(G) "Memorandum of understanding" means a memorandum of understanding between the governing board of a qualified RTIP and the department of transportation under section 5595.041 of the Revised Code.
Last updated September 28, 2023 at 4:11 PM
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.02 | Regional Transportation Improvement Projects.

Effective:
March 20, 2015
Latest Legislation:
House Bill 494 - 130th General Assembly
(A) The boards of county commissioners of two or more counties may undertake a regional transportation improvement project for the purpose of completing transportation improvements within the territory of the counties. The project shall be administered by a governing board in accordance with a cooperative agreement.
(B) The cooperative agreement shall provide for the creation of a governing board consisting of one county commissioner from each county that is a party to the agreement or a designee appointed by the board of county commissioners of the county for the purpose of serving on the governing board, and the county engineer of each such county or a designee appointed by the county engineer for the purpose of serving on the governing board. Membership on the board is not a direct or indirect interest in a contract or expenditure of money by the county. The board is a public body for the purposes of section 121.22 of the Revised Code and a public office for the purposes of section 149.43 of the Revised Code. Chapter 2744. of the Revised Code applies to the board.
(C) The governing board of a regional transportation improvement project is a body both corporate and politic, and the exercise by it of the powers conferred by this chapter in the financing, construction, maintenance, repair, and operation of transportation improvements are essential governmental functions.
(D) A board of county commissioners, in accordance with the cooperative agreement, may make appropriations to pay costs incurred by the governing board in the exercise of its functions under this chapter so long as such costs are approved by the director of transportation under section 5595.12 of the Revised Code.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.04 | Powers of Governing Board.

Effective:
October 3, 2023
Latest Legislation:
House Bill 33 - 135th General Assembly
The governing board of a regional transportation improvement project may do any of the following:
(A) Make and enter into all contracts and agreements necessary or incidental to the performance of its functions and the execution of its powers under this chapter and in accordance with the cooperative agreement and, if applicable, the memorandum of understanding. The procuring of goods and awarding of contracts with a cost in excess of fifty thousand dollars shall be done in accordance with the competitive bidding procedures established for boards of county commissioners by sections 307.86 to 307.91 of the Revised Code.
(B) Sue and be sued in its own name, plead and be impleaded, provided any actions against the governing board or the regional transportation improvement project shall be brought in the court of common pleas of a county that is a party to the cooperative agreement or in the court of common pleas of the county in which the cause of action arose, and all summonses, exceptions, and notices shall be served on the governing board by leaving a copy thereof at its principal office with a member of the governing board or an employee or agent thereof;
(C) Employ or retain persons as are necessary in the judgment of the governing board to carry out the project, and fix their compensation;
(D) Acquire by purchase, lease, lease-purchase, lease with option to purchase, or otherwise any property necessary, convenient, or proper for the construction, maintenance, repair, or operation of one or more transportation improvements and, if applicable, one or more opportunity corridor improvements. The governing board may pledge net revenues, to the extent permitted by this chapter with respect to bonds, to secure payments to be paid by the governing board under such a lease, lease-purchase agreement, or lease with option to purchase. Title to real and personal property shall be held in the name of the governing board. Except as provided under section 5595.041 of the Revised Code, the governing board is not authorized to acquire property by appropriation.
(E) Issue securities to pay for the costs of transportation improvements and opportunity corridor improvements pursuant to section 5595.05 of the Revised Code;
(F) If the regional transportation project was undertaken pursuant to section 5595.02 of the Revised Code before March 23, 2018, the effective date of the amendment of this section by S.B. 8 of the 132nd general assembly:
(1) Create a transportation financing district and declare improvements to parcels within the district to be a public purpose and exempt from taxation as provided under section 5709.48 of the Revised Code;
(2) Negotiate and enter into voluntary agreements under section 5709.481 of the Revised Code that impose assessments on real property located in a transportation financing district.
Last updated September 28, 2023 at 4:13 PM
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.041 | Memorandum of Understanding and Supplemental Powers.

Effective:
October 3, 2023
Latest Legislation:
House Bill 33 - 135th General Assembly
The governing board of a qualified RTIP may negotiate and enter into a memorandum of understanding with the department of transportation for the purpose of completing opportunity corridor improvements. The governing board, in carrying out the opportunity corridor improvements, may exercise all authority granted to it by this chapter and may additionally do all of the following:
(A) Appropriate property, fully or partially located within the right-of-way associated with, or necessary as right-of-way for, any transportation improvement, provided the appropriation would be within the department of transportation's appropriation authority if carried out by the department and both the improvement and appropriation authority are described in the memorandum of understanding and the appropriation is exclusively for that improvement.
This division does not grant any additional appropriation authority to the department of transportation.
(B) Receive and reinvest any funds from development within the development area;
(C) Contract for the use of digitalized procurement planning and permitting systems;
(D) Request and receive grants and private contributions for any of the purposes described in division (A) of section 5595.06 of the Revised Code;
(E) Establish, acquire, own, control, manage, sell, or transfer a business, as defined in section 1354.01 of the Revised Code, as necessary, convenient, or proper for either of the following:
(1) The construction, maintenance, repair, or operation of opportunity corridor improvements described in the memorandum of understanding;
(2) Otherwise advancing the objectives of the qualified RTIP.
(F) Form, participate in the management of, and contract with a public-private enterprise to assist in managing the development of opportunity corridor improvements to be located within rights of way and development areas acquired and owned by the RTIP. The governing documents of a proposed enterprise shall be submitted to the director of transportation for review and approval in the same manner as is required for approval of a cooperative agreement.
As used in division (F) of this section, "public-private enterprise" means a business entity that is owned in part by a qualified RTIP and in part by one or more private persons.
(G) Purchase real property fully or partially located within the development area, through means other than appropriation, that is necessary, convenient, or proper to provide a benefit to the public or for the construction, maintenance, repair, or operation of transportation improvements or opportunity corridor improvements.
(H) Negotiate and enter into an agreement with the Ohio academic resources network to set up a point of presence for the purpose of establishing, expanding, or improving broadband service, or other digital capabilities or services, within the development area.
Last updated October 4, 2023 at 3:05 PM
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.042 | Tax Increment Financing Within Qualified Rtip.

Effective:
October 3, 2023
Latest Legislation:
House Bill 33 - 135th General Assembly
A township, municipal corporation, or county may declare improvements made within the development area of a qualified RTIP to be for a public purpose and exempt from taxation pursuant to section 5709.40, 5709.41, 5709.73, or 5709.78 of the Revised Code, as authorized under those sections.
Last updated October 4, 2023 at 3:07 PM
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.05 | Issuance of Securities.

Effective:
October 3, 2023
Latest Legislation:
House Bill 33 - 135th General Assembly
The governing board of a regional transportation improvement project may provide for the issuance of securities for the purpose of paying costs of transportation improvements and opportunity corridor improvements. The securities are Chapter 133. securities, and the issuance of the securities, the maturities and other details thereof, the rights of the holders thereof, and the rights, duties, and obligations of the governing board in respect to the securities is governed by the applicable bond proceedings, section 133.22 or 133.23, and other applicable sections of Chapter 133. of the Revised Code, notwithstanding that the transportation improvements or opportunity corridor improvements may result in permanent improvements for more than one purpose under that chapter.
Such securities do not constitute a debt or a pledge of the faith and credit of the state or of any political subdivision of the state. Debt charges on outstanding securities are payable solely from revenues pledged to the regional transportation improvement project pursuant to section 5595.06 of the Revised Code. All securities shall contain on their face a statement to that effect. Sections 9.98 to 9.983 of the Revised Code apply to the securities.
Last updated September 28, 2023 at 4:14 PM
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.07 | Request for Assistance From Department of Transportation.

Effective:
March 20, 2015
Latest Legislation:
House Bill 494 - 130th General Assembly
The governing board of a regional transportation improvement project may submit a written request to the director of transportation for the assistance of the department of transportation in any or all aspects, components, or phases of that project. Upon receipt of such a request, the director may require the board to submit documentation to substantiate that the board has sufficient resources to fund the board's share of the project. If the director determines that the board has sufficient resources, the director may make available to the board resources of the department, including funding or equipment, as may be necessary to fulfill the request. The director, in the director's discretion, may elect to assign any or all of any post-construction management responsibilities for the project back to the governing board.
The governing board shall pay all expenses the department incurs in fulfilling the request for assistance other than those expenses the director agrees will be covered by the department. The board's share of expenses may be paid from the proceeds of bonds issued by the governing board under this section.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.08 | Disposition of Funds.

Effective:
March 20, 2015
Latest Legislation:
House Bill 494 - 130th General Assembly
All money, funds, properties, and assets acquired by the governing board of a regional transportation improvement project under this chapter, whether as proceeds from the sale of securities, as revenues, or otherwise, shall be held by it in trust for the purpose of carrying out its powers and duties, shall be used and reused as provided in this chapter, and shall at no time be part of other public funds. Such funds, except as otherwise provided in bond proceedings or in any trust agreement securing such securities, or except when invested pursuant to section 5595.09 of the Revised Code, shall be kept in depositories selected by the governing board in the manner provided in Chapter 135. of the Revised Code for the selection of eligible public depositories, and the deposits shall be secured as provided in that chapter. Bond proceedings or the trust agreement securing securities shall provide that any officer to whom, or any bank or trust company to which, such money is paid shall act as trustee of the money and hold and apply the money for the purposes for which the securities are issued, subject to such conditions as Chapter 133. or 135. of the Revised Code and such proceedings or trust agreement provide.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.09 | Investment.

Effective:
March 20, 2015
Latest Legislation:
House Bill 494 - 130th General Assembly
Except as otherwise provided in any bond proceedings or in any trust agreement securing securities, money in the funds of the governing board of a regional transportation improvement project in excess of current needs may be invested as permitted by sections 135.01 to 135.21 of the Revised Code. Income from all investments of moneys in any fund shall be credited to funds as the governing board determines, subject to the provisions of any such proceedings or trust agreement, and the investments may be sold at any time the governing board determines.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.10 | Fiscal Officer.

Effective:
March 20, 2015
Latest Legislation:
House Bill 494 - 130th General Assembly
The county auditor of the county with the greatest population, according to the most recent federal decennial census, that is a party to the cooperative agreement shall be the fiscal officer for the governing board of the project. The county prosecutor of the county with the greatest population, according to the most recent federal decennial census, that is participating in the project shall be the legal advisor of the governing board of the project and shall prosecute and defend all suits and actions that the governing board directs or to which it is a party.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.11 | Taxation.

Effective:
March 20, 2015
Latest Legislation:
House Bill 494 - 130th General Assembly
The exercise of the powers granted by this chapter is in all respects for the benefit of the people of the state, for the increase of their commerce and prosperity, and for the improvement of their health and living conditions, and, as the completion of transportation improvements by a regional transportation improvement project constitute the performance of essential governmental functions, neither the project nor the governing board may be required to pay any state or local taxes or assessments upon any improvement, or upon revenue or any property acquired or used by the governing board of the project under this chapter, or upon the income therefrom. The securities issued under this chapter, their transfer, and the income therefrom, including any profit made on the sale thereof, shall at all times be free from taxation within the state.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.12 | Administrative Expenses.

Effective:
March 20, 2015
Latest Legislation:
House Bill 494 - 130th General Assembly
The governing board of a regional transportation improvement project shall not use any amount pledged or allocated to the board under this chapter for administrative expenses of the board without prior approval of the director of transportation. The director may approve expenses individually by line item or may approve an aggregate amount to be allocated for administrative expenses over a period of time not exceeding twelve months. The director may prescribe rules pursuant to Chapter 119. of the Revised Code necessary to implement this section.
2023 Ohio Revised Code › Title 55 | Roads-Highways-Bridges › Chapter 5595 | Regional Transportation Improvement Projects › Section 5595.13 | Dissolution.

Effective:
March 23, 2018
Latest Legislation:
Senate Bill 8 - 132nd General Assembly
A regional transportation improvement project and its governing board are dissolved by operation of law on the date specified in the cooperative agreement. The governing board shall fulfill all contractual duties assumed by the board and repay all bonds issued by the board before that date. Upon dissolution of the regional transportation improvement project, the boards of county commissioners that created the regional transportation improvement project shall assume title to all real and personal property acquired by the board in the fulfillment of its duties under this chapter. The property shall be divided and distributed in accordance with the cooperative agreement. Unless otherwise provided by contract, pledges of revenue to the governing board from the state or a political subdivision or taxing unit shall terminate by operation of law upon the dissolution of the regional transportation improvement project. Except as otherwise provided in section 5709.50 of the Revised Code with respect to any incidental surplus in the regional transportation improvement project fund, unencumbered funds held by the governing board on the date the regional transportation improvement project is dissolved shall be distributed by the county treasurer of the most populous participating county as provided in the cooperative agreement or, if the cooperative agreement does not provide for the distribution of funds after the dissolution of the project, to the state and to political subdivisions and taxing units that pledged revenue to the project in proportions deemed equitable by the county treasurer based on the ratio of funds contributed by the state, the political subdivisions, and the taxing units.
2023 Ohio Revised Code › Title 57 | Taxation › Chapter 5701 | Definitions › Section 5701.01 | Person Defined.

Effective:
June 30, 1997
Latest Legislation:
House Bill 215 - 122nd General Assembly
As used in Title LVII of the Revised Code, "person" includes individuals, firms, companies, business trusts, estates, trusts, partnerships, limited liability companies, associations, corporations, and any other business entities.
2023 Ohio Revised Code › Title 57 | Taxation › Chapter 5701 | Definitions › Section 5701.02 | Real Property Definitions.

Effective:
April 9, 2001
Latest Legislation:
House Bill 672 - 123rd General Assembly
As used in Title LVII of the Revised Code:
(A) "Real property," "realty," and "land" include land itself, whether laid out in town lots or otherwise, all growing crops, including deciduous and evergreen trees, plants, and shrubs, with all things contained therein, and, unless otherwise specified in this section or section 5701.03 of the Revised Code, all buildings, structures, improvements, and fixtures of whatever kind on the land, and all rights and privileges belonging or appertaining thereto. "Real property" does not include a manufactured home as defined in division (C)(4) of section 3781.06 of the Revised Code or a mobile home, travel trailer, or park trailer, each as defined in section 4501.01 of the Revised Code, that is not a manufactured or mobile home building as defined in division (B)(2) of this section.
(B)(1) "Building" means a permanent fabrication or construction, attached or affixed to land, consisting of foundations, walls, columns, girders, beams, floors, and a roof, or some combination of these elemental parts, that is intended as a habitation or shelter for people or animals or a shelter for tangible personal property, and that has structural integrity independent of the tangible personal property, if any, it is designed to shelter. "Building" includes a manufactured or mobile home building as defined in division (B)(2) of this section.
(2) "Manufactured or mobile home building" means a mobile home as defined in division (O) of section 4501.01 of the Revised Code or a manufactured home as defined in division (C)(4) of section 3781.06 of the Revised Code, if the home meets both of the following conditions:
(a) The home is affixed to a permanent foundation as defined in division (C)(5) of section 3781.06 of the Revised Code and is located on land owned by the owner of the home.
(b) The certificate of title for the home has been inactivated by the clerk of the court of common pleas that issued it pursuant to section 4505.11 of the Revised Code.
(C) "Fixture" means an item of tangible personal property that has become permanently attached or affixed to the land or to a building, structure, or improvement, and that primarily benefits the realty and not the business, if any, conducted by the occupant on the premises.
(D) "Improvement" means, with respect to a building or structure, a permanent addition, enlargement, or alteration that, had it been constructed at the same time as the building or structure, would have been considered a part of the building or structure.
(E) "Structure" means a permanent fabrication or construction, other than a building, that is attached or affixed to land, and that increases or enhances utilization or enjoyment of the land. "Structure" includes, but is not limited to, bridges, trestles, dams, storage silos for agricultural products, fences, and walls.
2023 Ohio Revised Code › Title 57 | Taxation › Chapter 5701 | Definitions › Section 5701.03 | Personal Property and Business Fixture Defined.

Effective:
October 5, 1999
Latest Legislation:
Senate Bill 3 - 123rd General Assembly
As used in Title LVII of the Revised Code:
(A) "Personal property" includes every tangible thing that is the subject of ownership, whether animate or inanimate, including a business fixture, and that does not constitute real property as defined in section 5701.02 of the Revised Code. "Personal property" also includes every share, portion, right, or interest, either legal or equitable, in and to every ship, vessel, or boat, used or designed to be used in business either exclusively or partially in navigating any of the waters within or bordering on this state, whether such ship, vessel, or boat is within the jurisdiction of this state or elsewhere. "Personal property" does not include money as defined in section 5701.04 of the Revised Code, motor vehicles registered by the owner thereof, electricity, or, for purposes of any tax levied on personal property, patterns, jigs, dies, or drawings that are held for use and not for sale in the ordinary course of business, except to the extent that the value of the electricity, patterns, jigs, dies, or drawings is included in the valuation of inventory produced for sale.
(B) "Business fixture" means an item of tangible personal property that has become permanently attached or affixed to the land or to a building, structure, or improvement, and that primarily benefits the business conducted by the occupant on the premises and not the realty. "Business fixture" includes, but is not limited to, machinery, equipment, signs, storage bins and tanks, whether above or below ground, and broadcasting, transportation, transmission, and distribution systems, whether above or below ground. "Business fixture" also means those portions of buildings, structures, and improvements that are specially designed, constructed, and used for the business conducted in the building, structure, or improvement, including, but not limited to, foundations and supports for machinery and equipment. "Business fixture" does not include fixtures that are common to buildings, including, but not limited to, heating, ventilation, and air conditioning systems primarily used to control the environment for people or animals, tanks, towers, and lines for potable water or water for fire control, electrical and communication lines, and other fixtures that primarily benefit the realty and not the business conducted by the occupant on the premises.
2023 Ohio Revised Code › Title 57 | Taxation › Chapter 5701 | Definitions › Section 5701.04 | Money Defined.

Effective:
October 1, 1953
Latest Legislation:
House Bill 1 - 100th General Assembly
As used in Title LVII of the Revised Code, "money" includes gold, silver, and other coin, circulating notes of national banking associations, United States legal tender notes, and other notes and certificates of the United States payable on demand and circulating or intended to circulate as currency.
2023 Ohio Revised Code › Title 57 | Taxation › Chapter 5701 | Definitions › Section 5701.05 | Deposits Defined.

Effective:
June 30, 1997
Latest Legislation:
House Bill 215 - 122nd General Assembly
As used in Title LVII of the Revised Code other than in division (A)(7) of section 5733.056 of the Revised Code, "deposits" includes every deposit which the person owning, holding in trust, or having the beneficial interest therein is entitled to withdraw in money, whether on demand or not, and whether evidenced by commercial or checking account, certificate of deposit, savings account, certificates of running, or other withdrawable stock, or otherwise, excepting:
(A) Unearned premiums and surrender values under policies of insurance;
(B) Such deposits in financial institutions outside this state as yield annual income by way of interest or dividends in excess of four per cent of the principal sum so withdrawable.