Ohio § 5540.03
Full text of Ohio Ohio Revised Code § 5540.03, with citation guidance and answers to common questions.
§ 5540.03.
(A) A transportation improvement district may: (1) Adopt bylaws for the regulation of its affairs and the conduct of its business; (2) Adopt an official seal; (3) Sue and be sued in its own name, plead and be impleaded, provided any actions against
the district shall be brought in the court of common pleas of the county in which
the principal office of the district is located, or in the court of common pleas of
the county in which the cause of action arose, and all summonses, exceptions, and
notices of every kind shall be served on the district by leaving a copy thereof at
its principal office with the secretary-treasurer; (4) Purchase, fund, finance, construct, maintain, repair, sell, exchange, police, operate,
or lease projects; (5) Issue either or both of the following for the purpose of providing funds to pay the
costs of any project or part thereof: (a) Transportation improvement district revenue bonds; (b) Bonds pursuant to Section 13 of Article VIII, Ohio Constitution . (6) Maintain such funds as it considers necessary; (7) Direct its agents or employees, when properly identified in writing and after at
least five days' written notice, to enter upon lands within its jurisdiction to make
surveys and examinations preliminary to the location and construction of projects
for the district, without liability of the district or its agents or employees except
for actual damage done; (8) Make and enter into all contracts and agreements necessary or incidental to the performance
of its functions and the execution of its powers under this chapter; (9) Employ or retain or contract for the services of consulting engineers, superintendents,
managers, and such other engineers, construction and accounting experts, auditors,
financial advisers, trustees, marketing, remarketing, and administrative agents, attorneys,
and other employees, independent contractors, or agents as are necessary in its judgment
and fix their compensation, provided all such expenses shall be payable solely from
the proceeds of bonds or from revenues; (10) Receive and accept from the federal or any state or local government, including,
but not limited to, any agency, entity, or instrumentality of any of the foregoing,
loans and grants for or in aid of the construction, maintenance, or repair of any
project, and receive and accept aid or contributions from any source or person of
money, property, labor, or other things of value, to be held, used, and applied only
for the purposes for which such loans, grants, and contributions are made. Nothing in division (A)(10) of this section shall be construed as imposing any liability
on this state for any loan received by a transportation improvement district from
a third party unless this state has entered into an agreement to accept such liability. (11) Acquire, hold, and dispose of property in the exercise of its powers and the performance
of its duties under this chapter; (12) Establish and collect tolls or user charges for its projects; (13) Subject to section 5540.18 of the Revised Code , enter into an agreement with a contiguous board of county commissioners other than
the board of county commissioners that created the transportation improvement district,
for the district to exercise all or any portion of its powers with respect to a project
that is located wholly or partially within the county that is party to the agreement; (14) Cooperate with any governmental agencies in the planning, design, acquisition, construction,
maintenance, funding, and financing of projects, including qualifying projects. In doing so, the district may enter into agreements with other governmental agencies
to plan, design, acquire, construct, maintain, fund, and finance the projects or qualifying
projects and to use pledged or assigned sales and use tax revenue to pay the debt
service on qualifying bonds. (15) Enter into an agreement with the board of county commissioners that created the transportation
improvement district and with the boards of county commissioners of any contiguous
group of counties to exercise all powers of the district with respect to a project
that is both of the following: (a) Located partially or wholly within any county that is a party to the agreement; (b) Partially funded with federal money. (16) Do all acts necessary and proper to carry out the powers expressly granted in this
chapter. (B)(1) Chapters 123., 124., 125., and 153., and sections 9.331 to 9.335 and 307.86 of the Revised Code do not apply to contracts or projects of a transportation improvement district. (2) A transportation improvement district is subject to sections 4115.03 to 4115.21 and 4115.99 of the Revised Code , unless the amount of state or local government funds, including, but not limited
to, those provided by any agency, entity, or instrumentality of the state or a local
government as described in division (A)(10) of this section received for the contract
or project, is, in the aggregate, less than the amounts described in or calculated
under section 4115.03 of the Revised Code . (C) A transportation improvement district may contract with the prosecuting attorney
of a county, as provided in section 309.09 of the Revised Code , to obtain legal services from the prosecuting attorney.
Frequently Asked Questions About Ohio § 5540.03
What does Ohio Revised Code § 5540.03 cover?
Section 5540.03 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 § 5540.03?
A common citation format is "Ohio Revised Code § 5540.03" (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 § 5540.03 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.