Ohio § 3706.12

Full text of Ohio Ohio Revised Code § 3706.12, with citation guidance and answers to common questions.

§ 3706.12.

The Ohio air quality development authority may charge, alter, and collect rentals

or other charges for the use or services of any air quality project and contract in

the manner provided by this section with one or more persons, one or more governmental

agencies, or any combination thereof, desiring the use or services of such project,

and fix the terms, conditions, rentals, or other charges for such use or services.  Such rentals or other charges shall not be subject to supervision or regulation

by any other authority, commission, board, bureau, or agency of the state and such

contract may provide for acquisition by such person or governmental agency of all

or any part of such air quality project for such consideration payable over the period

of the contract or otherwise as the authority in its sole discretion determines to

be appropriate, but subject to the provisions of any resolution authorizing the issuance

of air quality revenue bonds or notes or air quality revenue refunding bonds of the

authority or any trust agreement securing the same.  Any governmental agency that has power to construct, operate, and maintain air quality

facilities may enter into a contract or lease with the authority whereby the use or

services of any air quality project of the authority will be made available to such

governmental agency and may pay for such use or services such rentals or other charges

as may be agreed to by the authority and such governmental agency. Any governmental agency or combination of governmental agencies may cooperate with

the authority in the acquisition or construction of an air quality project and shall

enter into such agreements with the authority as may be necessary, with a view to

effective cooperative action and safeguarding of the respective interests of the parties

thereto, which agreements shall provide for such contributions by the parties thereto

in such proportion as may be agreed upon and such other terms as may be mutually satisfactory

to the parties including without limitation the authorization of the construction

of the project by one of the parties acting as agent for all of the parties and the

ownership and control of the project by the authority to the extent necessary or appropriate

for purposes of the issuance of air quality revenue bonds by the authority.  Any governmental agency may provide the funds for the payment of such contribution

as is required under such agreements by the levy of taxes, assessments or rentals

and other charges for the use of the utility system of which the air quality project

is a part or to which it is connected, if otherwise authorized by the laws governing

such governmental agency in the construction of the type of air quality project provided

for in the agreements, and may pay the proceeds from the collection of such taxes,

assessments, utility rentals, or other charges to the authority pursuant to such agreements;

 or the governmental agency may issue bonds or notes, if authorized by such laws,

in anticipation of the collection of such taxes, assessments, utility rentals, or

other charges and may pay the proceeds of such bonds or notes to the authority pursuant

to such agreements.  In addition any governmental agency may provide the funds for the payment of such

contribution by the appropriation of money or, if otherwise authorized by law, by

the issuance of bonds or notes and may pay such appropriated money or the proceeds

of such bonds or notes to the authority pursuant to such agreements.  The agreement by the governmental agency to provide such contribution, whether from

appropriated money or from the proceeds of such taxes, assessments, utility rentals,

or other charges, or such bonds or notes, or any combination thereof, shall not be

subject to Chapter 133. of the Revised Code or any regulations or limitations contained

therein.  The proceeds from the collection of such taxes or assessments, and any interest

earned thereon, shall be paid into a special fund immediately upon the collection

thereof by the governmental agency for the purpose of providing such contribution

at the times required under such agreements. When the contribution of any governmental agency is to be made over a period of time

from the proceeds of the collection of special assessments, the interest accrued and

to accrue before the first installment of such assessments shall be collected which

is payable by such governmental agency on such contribution under the terms and provisions

of such agreements shall be treated as part of the cost of the improvement for which

such assessments are levied, and that portion of such assessments as are collected

in installments shall bear interest at the same rate as such governmental agency is

obligated to pay on such contribution under the terms and provisions of such agreements

and for the same period of time as the contribution is to be made under such agreements.  If the assessment or any installment thereof is not paid when due, it shall bear

interest until the payment thereof at the same rate as such contribution and the county

auditor shall annually place on the tax list and duplicate the interest applicable

to such assessment and the penalty and additional interest thereon as otherwise authorized

by law. Any governmental agency, pursuant to a favorable vote of the electors in an election

held before or after June 1, 1970, for the purpose of issuing bonds to provide funds

to acquire, construct, or equip, or provide real estate and interests in real estate

for, an air quality facility, whether or not such governmental agency, at the time

of such election, had the authority to pay the proceeds from such bonds or notes issued

in anticipation thereof to the authority as provided in this section, may issue such

bonds or notes in anticipation of the issuance thereof and pay the proceeds thereof

to the authority in accordance with its agreement with the authority;  provided, that

the legislative authority of the governmental agency find and determine that the air

quality project to be acquired or constructed by the authority in cooperation with

such governmental agency will serve the same public purpose and meet substantially

the same public need as the facility otherwise proposed to be acquired or constructed

by the governmental agency with the proceeds of such bonds or notes. The authority may enter into an agreement under this section with a municipal corporation,

a township, or a special improvement district created under Chapter 1710. of the Revised

Code pursuant to which the authority issues air quality revenue bonds or notes under section 3706.05 of the Revised Code and remits the proceeds to the municipal corporation, township, district, or other

party to the transaction to pay any part of the cost of an air quality facility described

in division (G)(12) of section 3706.01 of the Revised Code .  Under the agreement, the municipal corporation, township, or district shall assign

and remit the proceeds of a special assessment levied under Chapter 727. or section 1710.06 of the Revised Code for paying the costs of that air quality facility to the authority, or its agents

or assignees, for the purpose of servicing those bonds and notes.

Frequently Asked Questions About Ohio § 3706.12

What does Ohio Revised Code § 3706.12 cover?

Section 3706.12 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 § 3706.12?

A common citation format is "Ohio Revised Code § 3706.12" (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 § 3706.12 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.