§ 1728.01 Community redevelopment corporation definitions
§ 1728.02 Required provisions in articles of incorporation
§ 1728.03 Sale of blighted area land
§ 1728.04 Restrictions on business activities
§ 1728.05 Loans, guarantees, acquisitions
§ 1728.06 Written application to municipal corporation for approval of project
§ 1728.07 Form of financial agreement for approved project
§ 1728.08 Permissible provisions in financial agreement
§ 1728.09 Representations and covenants as to management or operation of project
§ 1728.10 Exemption from taxation
§ 1728.11 Semi-annual service charge in lieu of taxes
§ 1728.111 Annual service charge in lieu of taxes
§ 1728.112 Urban redevelopment tax increment equivalent fund
§ 1728.12 Termination of tax exemption
§ 1728.13 Public utilities
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Terms Used In Ohio Code > Chapter 1728 - Community Redevelopment Corporations

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Amortization: Paying off a loan by regular installments.
  • Another: when used to designate the owner of property which is the subject of an offense, includes not only natural persons but also every other owner of property. See Ohio Code 1.02
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • 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.
  • Property: means real and personal property. See Ohio Code 1.59
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Rescission: The cancellation of budget authority previously provided by Congress. The Impoundment Control Act of 1974 specifies that the President may propose to Congress that funds be rescinded. If both Houses have not approved a rescission proposal (by passing legislation) within 45 days of continuous session, any funds being withheld must be made available for obligation.
  • Undertaking: includes a bond. See Ohio Code 1.02
  • United States: includes all the states. See Ohio Code 1.59