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OH SB270
Bill
Status
9/13/2010
Primary Sponsor
Kevin Bacon
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AI Summary
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Authorizes joint recreation districts at Columbus Quincentenary Jubilee sites to issue revenue bonds (maturing within 30 years), maintain secured lines of credit with banks (up to one year with four possible renewals), and enter into lease-purchase agreements for property acquisition.
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Expands district powers to operate facilities, impose admission charges, offer memberships, grant licenses and leases, accept gifts and grants, and form advisory committees for property management and development.
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Makes appointments of the governor, House speaker, and Senate president to district boards permissive rather than mandatory for qualifying recreation districts.
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Establishes a dam construction permit pilot program allowing the Chief of Soil and Water Resources to select one eligible dam project (estimated cost exceeding $40 million) with reduced filing fees (not to exceed 1% of detailed cost estimate) and phased or reduced surety bonds if applicant demonstrates lesser mitigation costs.
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Requires the Chief to submit a report to the General Assembly within 30 days of issuing the pilot program permit, with recommendations on dam regulation; Section 3 expires upon report submission.
Legislative Description
To authorize a joint recreation district operating on the site of the United States Christopher Columbus Quincentenary Jubilee to issue revenue bonds, maintain lines of credit, and enter into lease purchase agreements for property; to expand the district's powers with respect to its own property; and to make certain appointments to the district's board permissive rather than mandatory; and to establish a dam construction permit pilot program that, with respect to an eligible dam project, establishes permit fee and bonding requirements that are different from the permit fee and bonding requirements otherwise required under applicable law.
Dam construction pilot program
Last Action
Effective Date
9/13/2010