Ohio Revised Code Chapter 1728 - Community Redevelopment Corporations

• Section 1728.01 - Community Redevelopment Corporation Definitions.
  As used in sections 1728.01 to 1728.13 of the Revised Code: (A) "Governing body" means, in the case of a municipal corporation, the city...
• Section 1728.02 - Required Provisions In Articles Of Incorporation.
  (A) Any corporation formed, or which shall be formed, under Chapter 1701. or 1702. of the Revised Code may qualify to operate under Chapter...
• Section 1728.03 - Sale Of Blighted Area Land.
  When any municipal corporation or agency or authority thereof has acquired land constituting or being a part of a blighted area, the governing body...
• Section 1728.04 - Restrictions On Business Activities.
  (A) So long as a community urban redevelopment corporation is obligated under a financial agreement with a municipal corporation made pursuant to section 1728.07...
• Section 1728.05 - Loans, Guarantees, Acquisitions.
  A community urban redevelopment corporation in carrying out projects may: (A) Accept loans from the federal government or an agency thereof in aid of...
• Section 1728.06 - Written Application To Municipal Corporation For Approval Of Project.
  Every community urban redevelopment corporation qualifying under this chapter, before proceeding with any project authorized in this chapter, shall make written application to the...
• Section 1728.07 - Form Of Financial Agreement For Approved Project.
  Every approved project shall be evidenced by a financial agreement between the municipal corporation and the community urban redevelopment corporation. Such agreement shall be...
• Section 1728.08 - Permissible Provisions In Financial Agreement.
  (A) The financial agreement provided for in section 1728.07 of the Revised Code may provide that the municipal corporation will consent to a sale...
• Section 1728.09 - Representations And Covenants As To Management Or Operation Of Project.
  The financial agreement provided for in section 1728.07 of the Revised Code shall contain detailed representations and covenants by the community urban redevelopment corporation...
• Section 1728.10 - Exemption From Taxation.
  (A) The improvements made in the development or redevelopment of a blighted area pursuant to Chapter 1728. of the Revised Code are hereby declared...
• Section 1728.11 - Semi-annual Service Charge In Lieu Of Taxes.
  The community urban redevelopment corporation entering into a financial agreement with a municipal corporation other than an impacted city shall make payment to the...
• Section 1728.111 - Annual Service Charge In Lieu Of Taxes.
  The community urban redevelopment corporation entering into a financial agreement with an impacted city shall pay to the county treasurer an annual service charge...
• Section 1728.112 - Urban Redevelopment Tax Increment Equivalent Fund.
  A municipal corporation may establish an urban redevelopment tax increment equivalent fund, by resolution or ordinance of its legislative authority, into which shall be...
• Section 1728.12 - Termination Of Tax Exemption.
  The tax exemption provided by section 1728.10 of the Revised Code applies only so long as the community urban redevelopment corporation and its project...
• Section 1728.13 - Public Utilities.
  (A) A community urban redevelopment corporation does not have the power, nor shall any financial agreement made pursuant to Chapter 1728. of the Revised...

Last modified: October 10, 2016