The board of township trustees may enter into a contract with the board of county commissioners under which the trustees agree to pay all or any part of the cost of constructing, maintaining, repairing, or operating any water supply improvement established within the limits of the township pursuant to Chapter 6103. of the Revised Code. The contract shall be upon mutually agreed terms. For the purpose of meeting contractual obligations incurred pursuant to this section, the board of township trustees may levy taxes, subject to Chapter 5705. of the Revised Code, and issue bonds and other evidences of indebtedness, subject to Chapter 133. of the Revised Code.
Effective Date: 03-01-1990
Section: Previous 505.23 505.24 505.241 505.25 505.26 505.261 505.262 505.263 505.264 505.265 505.266 505.267 505.27 505.28 505.29 NextLast modified: October 10, 2016