2006 Ohio Revised Code - 1710.07. Permissible costs of plan.

§ 1710.07. Permissible costs of plan.
 

The cost of any public improvements or public services plan of a special improvement district may include, but is not limited to, the following: 

(A) The cost of creating and operating the district under this chapter, including creating and operating a nonprofit organization organized under this chapter, hiring employees and professional services, contracting for insurance, and purchasing or leasing office space or office equipment; 

(B) The cost of planning, designing, and implementing the public improvements or public services plan, including payment of architectural, engineering, legal, appraisal, insurance, and planning fees and expenses, and, for public services, the management, protection, and maintenance costs of public or private facilities; 

(C) Any court costs incurred by the district in implementing the public improvements or public services plan; 

(D) Any damages resulting from implementing the public improvements or public services plan; 

(E) The costs of issuing, paying interest on, and redeeming notes and bonds issued for funding the public improvements or public services plan. 
 

HISTORY: 145 v S 264. Eff 9-29-94.