Ohio Code 308.20 – Airport development districts – definitions
As used in sections 308.20 to 308.25 of the Revised Code:
Terms Used In Ohio Code 308.20
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: includes an individual, corporation, business trust, estate, trust, partnership, and association. See Ohio Code 1.59
- Population: means that shown by the most recent regular federal census. See Ohio Code 1.59
(A) “Qualifying airport” means an airport and any contiguous airport facilities owned, operated, or maintained by any of the following:
(1) A regional airport authority under this chapter, provided the airport and facilities include territory located in two counties, one of which has a population greater than five hundred thousand but less than eight hundred thousand based on the most recent federal decennial census;
(2) A port authority created under Chapter 4582 of the Revised Code by two counties, each of which having a population greater than two hundred thousand but less than two hundred fifty thousand;
(3) A municipal corporation that is the most populous municipal corporation in a county having a population greater than five hundred thousand but less than eight hundred forty thousand. The airport and facilities owned, operated, or maintained by such a municipal corporation may include territory located in two counties.
(B) “Property owner” or “owner of property” means the person or persons in whose name a parcel is listed on the tax list or exempt list compiled by the county auditor under section 319.28 or 5713.08 of the Revised Code.
(C) “Business owner” or “owner of business” means a partner of a partnership, a member of a limited liability company, a majority shareholder of an S corporation, a person with a majority ownership interest in any other kind of pass-through entity, or any officer, employee, or agent with authority to make decisions legally binding upon a business.
(D) “Development charge agreement” means a voluntary agreement entered into under section 308.23 of the Revised Code.