Ohio Statutes
§ 5540.16 — Findings as to surface transportation projects undertaken under chapter
Ohio § 5540.16
This text of Ohio § 5540.16 (Findings as to surface transportation projects undertaken under chapter) is published on Counsel Stack Legal Research, covering Ohio primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ohio Rev. Code Ann. § 5540.16 (2026).
Text
It is hereby found and determined that surface transportation projects undertaken pursuant to this chapter are essential and will contribute to the improvement of the prosperity, health, safety, and welfare of the people of a transportation improvement district and to all of the state, and that it is in the public interest and a proper public purpose for a transportation improvement district to acquire, construct, enlarge, improve, equip, sell, lease, lease-purchase, exchange, or otherwise dispose of property, structures, and other facilities for such transportation projects. It is further found and determined that exercise of the authority granted by sections5540.01to5540.17of the Revised Code is consistent with and will promote industry, commerce, distribution, and research activity in t
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Legislative History
Effective: December 2, 1996 | Latest Legislation: House Bill 627 - 121st General Assembly
Nearby Sections
15
§ 5540.031
Special assessments for improvements§ 5540.04
Acquiring and disposing of property§ 5540.06
Issuing bonds§ 5540.07
Refunding outstanding bonds§ 5540.08
Additional alternative methods§ 5540.09
Bonds not a debt of state§ 5540.10
Securing bonds by trust agreement§ 5540.11
Applying revenue from project§ 5540.12
Deposit and use of moneys§ 5540.14
Enforcing rights of bondholderCite This Page — Counsel Stack
Bluebook (online)
Ohio § 5540.16, Counsel Stack Legal Research, https://law.counselstack.com/statute/oh/5540.16.