Ohio Code 5501.75 – Material default by operator
(A) Upon the occurrence and during the continuation of material default by an operator, not related to an event of force majeure, the department of transportation may do the following:
Terms Used In Ohio Code 5501.75
- Lien: A claim against real or personal property in satisfaction of a debt.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- User fees: Fees charged to users of goods or services provided by the government. In levying or authorizing these fees, the legislature determines whether the revenue should go into the treasury or should be available to the agency providing the goods or services.
(1) Elect to take over the transportation facility, including the succession of all right, title, and interest in the transportation facility, subject to any liens on revenues previously granted by the private entity;
(2) Terminate the public-private agreement and exercise any other available rights and remedies.
(B) In the event that the department elects to take over a transportation facility, the department shall collect and pay any revenues that are subject to lien to satisfy any obligation and may do the following:
(1) Develop and operate the transportation facility, impose user fees for the use of the transportation facility, and comply with any service contracts;
(2) Solicit proposals for the maintenance and operation of the transportation facility under section 5501.71 of the Revised Code.