| Powers in Purchasing or Constructing a Project.

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Effective: November 1, 1965

Latest Legislation: House Bill 933 - 106th General Assembly

A municipal corporation purchasing or constructing a project pursuant to section 761.02 of the Revised Code, may;

(A) Issue revenue bonds payable solely from revenues as provided in sections 761.01 to 761.14, inclusive, of the Revised Code;

(B) Make and enter into all contracts and agreements necessary or incidental to the exercise of its powers under sections 761.01 to 761.14, inclusive, of the Revised Code;

(C) Maintain, protect, repair, improve, and insure any property which it has acquired and dispose of the same by sale, exchange, or lease as provided in section 761.01 to 761.14, inclusive, of the Revised Code.


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