Ohio § 505.881
Full text of Ohio Ohio Revised Code § 505.881, with citation guidance and answers to common questions.
§ 505.881.
(A) If a program grant is awarded for an eligible project under sections 122.40 to 122.4077 of the Revised Code , the board of township trustees in which the project is situated, by resolution,
may levy a special assessment upon residential property within the township for the
purpose of providing a contribution from the township towards the broadband funding
gap for the eligible project. Assessments under this section shall be levied only upon the residential property
that is subject to the eligible project. Before adopting the resolution, the board shall send written notice to each affected
property owner stating the estimated assessment for that property. If an owner objects to the stated estimated assessment, the owner shall file a written
objection with the board not later than two weeks after the notice is mailed. The board shall review the written objection and may revise the estimated assessment
before adopting the resolution. If the property owner objects to the final assessment for the property levied in
the resolution, the owner may appeal the final assessment under Chapter 2506. of the
Revised Code. (B) The assessment shall be at a rate that will produce a total assessment that is not
more than the township's contribution towards the funding gap for the eligible project
as described in the application under section 122.4020 of the Revised Code . The board shall certify the amount to be levied upon each affected property to the
county auditor, who shall enter the amount on the tax duplicate for collection by
the county treasurer in equal semiannual installments in the same manner and at the
same times as the collection of taxes on real property. Assessments shall be paid by owners of the properties upon which assessments are
levied. (C) The assessments, when collected, shall be paid by the county auditor by warrant on
the county treasurer into a special fund in the township treasury created for the
purpose of funding an eligible project for which a program grant is awarded under sections 122.40 to 122.4077 of the Revised Code and that is located in the township. The board may expend moneys from the fund only for the purposes for which the assessments
were levied.
Frequently Asked Questions About Ohio § 505.881
What does Ohio Revised Code § 505.881 cover?
Section 505.881 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 § 505.881?
A common citation format is "Ohio Revised Code § 505.881" (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 § 505.881 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.