Ohio Revised Code Chapter 725 - Urban Renewal Debt Retirement Fund

• Section 725.01 - Urban Renewal Debt Retirement Fund Definitions.
  As used in sections 725.01 to 725.11 of the Revised Code: (A) "Slum area" means an area within a municipal corporation, in which area...
• Section 725.02 - Value Of Improvements Exempt From Real Property Taxation.
  (A) The portion of the assessed valuation of improvements constructed pursuant to a development agreement, and the portion of the increase in the assessed...
• Section 725.021 - Notice To Board Of Education Prior To Grant Of Exemption.
  The municipal corporation shall not take any formal action to enter into a development agreement that exempts improvements to real property from taxation in...
• Section 725.03 - Urban Renewal Debt Retirement Fund.
  The legislative authority of a municipal corporation upon the authorization of urban renewal bonds, whether a single issue or a series, shall, at the...
• Section 725.04 - Semiannual Urban Renewal Service Payments In Lieu Of Taxes.
  A development agreement shall contain an agreement binding on the owner or owners of the improvements, and all subsequent owners of the improvements, to...
• Section 725.05 - Issuing Urban Renewal Bonds.
  A municipal corporation creating an urban renewal debt retirement fund pursuant to section 725.03 of the Revised Code, may: (A) Issue unvoted urban renewal...
• Section 725.06 - Form And Selling Of Bonds.
  Urban renewal bonds issued under section 725.05 of the Revised Code shall be in such form and shall be sold in such manner and...
• Section 725.07 - Bond Revenue Used For Urban Renewal Project Or Projects.
  Moneys derived from the sale of urban renewal bonds issued pursuant to sections 725.01 to 725.11 of the Revised Code shall be used for...
• Section 725.08 - Proceeds Used For Urban Renewal Project Or Projects.
  The proceeds of each issue of urban renewal bonds issued pursuant to sections 725.01 to 725.11 of the Revised Code shall be used for...
• Section 725.09 - Bonds Not A Debt Of State.
  (A) Urban renewal bonds issued pursuant to divisions (A) and (C) of section 725.05 of the Revised Code do not constitute a debt, or...
• Section 725.10 - Bonds Are Lawful Investments.
  Urban renewal bonds issued under sections 725.01 to 725.11 of the Revised Code are lawful investments of banks, savings banks, savings and loan associations,...
• Section 725.11 - Urban Renewal Bonds Secured By Trust Agreement.
  Urban renewal bonds issued under sections 725.01 to 725.11 of the Revised Code may be secured by a trust agreement between the municipal corporation...

Last modified: October 10, 2016