Ohio Revised Code § 4981.05 - Application For Loans Or Other Assistance.

(A) Any local or regional transportation authority may apply for a rail service continuation subsidy, acquisition or modernization loan, or any other assistance provided by the Regional Rail Reorganization Act for the purpose of providing any rail service that is consistent with rail service provided under this chapter. Any local or regional transportation authority may exercise, or may be created to exercise, such authority, administrative jurisdiction, and fiscal control as is necessary to obtain such assistance and provide such rail service.

(B) For the purposes of this section, "transit system" as used in section 306.04 of the Revised Code, and "transit facility" as used in sections 306.30 and 306.81 of the Revised Code, include rail service.

Effective Date: 10-20-1994

Section: Previous  4981.01  4981.02  4981.03  4981.031  4981.032  4981.033  4981.04  4981.05  4981.06  4981.07  4981.08  4981.09  4981.091  4981.10  4981.11  Next

Last modified: October 10, 2016