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OH SB197
Bill
Status
Introduced
7/12/2011
Primary Sponsor
William Seitz
Click for details
AI Summary
- Authorizes boards of county commissioners to enter into sale and leaseback agreements for county-owned buildings
- Requires the purchaser to lease the building back to the board immediately upon closing
- Obligates the lessor to make improvements including renovations, energy conservation measures, and other improvements to enhance functionality and reduce operating costs
- Exempts this authority from limitations imposed by Ohio Revised Code sections 307.02 and 307.09
Legislative Description
To authorize a board of county commissioners of any county to enter into agreements for the sale and leaseback of county buildings.
County buildings-sale and leaseback
Last Action
To Finance
7/12/2011
Full Bill Text
No bill text available