Ohio § 1501.10
Full text of Ohio Ohio Revised Code § 1501.10, with citation guidance and answers to common questions.
§ 1501.10.
Advertisement for bids for the leasing of public service facilities in state parks
shall be published in any newspaper of general circulation in Franklin county and
each county in which the facility to be leased is situated. The publication shall be made once each week for four consecutive weeks prior to
the date fixed for the acceptance of the bids. The notice shall set forth the pertinent facts concerning the facility to be leased
and the periods of required operation during the year and shall refer to the terms
and conditions that the lease shall include, which shall be on file in the office
of the director of natural resources and open to public inspection, except that questionnaires
and financial statements submitted under this section shall be confidential and shall
not be open to public inspection. The public service facilities may be leased for a period of years that may be determined
by the director, provided that the director, at the expiration of the original lease,
without advertisement for bids, may grant the lessee a renewal of the lease for an
additional period not to exceed four years. Leases executed under this section may contain any provisions that the director
considers necessary, provided that the following provisions shall be contained in
the leases: (A) The lessee shall be responsible for keeping the facilities in good condition and
repair, reasonable wear and tear and damages caused by casualty or acts beyond the
control of the lessee excepted. (B) The lessee shall operate the facilities for periods during the year that the director
determines are necessary to satisfy the needs of the people of the state, provided
that the periods of required operation shall be set forth in the notice for the acceptance
of bids. (C) The lessee, upon the execution of the lease, shall furnish surety to ensure that
the lessee shall perform fully all terms of the lease. The surety shall be in the form of a performance bond, an irrevocable letter of
credit to the state, cash, or negotiable certificates of deposit of any bank or savings
and loan association organized or transacting business in the United States. The cash, market value of the certificates of deposit, or face value of the irrevocable
letter of credit shall be equal to or greater than the amount of the bond prescribed
by the director in the lease. If the lessee deposits cash, the cash shall credited 1 to the performance cash bond refunds fund created in section 1501.16 of the Revised Code . A lessee making a deposit of cash or certificates of deposit may withdraw and receive,
from the director, all or any portion of the cash or certificates of deposit upon
depositing with the director negotiable certificates of deposit issued by any bank
organized or transacting business in this state equal in par value to the par value
of the cash or certificates of deposit withdrawn. A lessee may demand and receive from the director all interest or other income from
any such certificates as it becomes due. The director may lease any public service facilities in state parks to the person
who submits the highest and best bid under the terms set forth in this section and
in accordance with the rules of the director, taking into account the financial responsibility
and the ability of the lessee to operate the facilities. Bids shall be sealed and opened at a date and time certain, published in advance. This section does not apply to a lease and contract executed under section 1501.012 of the Revised Code . 1
So in original
Frequently Asked Questions About Ohio § 1501.10
What does Ohio Revised Code § 1501.10 cover?
Section 1501.10 is part of the Ohio Revised Code, the codified statutory law of Ohio. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Ohio § 1501.10?
A common citation format is "Ohio Revised Code § 1501.10" (Ohio). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 1501.10 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Ohio.