As Passed by the Senate*                       1            

123rd General Assembly                                             4            

   Regular Session                         Am. Sub. S. B. No. 272  5            

      1999-2000                                                    6            


 SENATORS CUPP-KEARNS-PRENTISS-CARNES-HOTTINGER-LATTA-OELSLAGER-   8            

      WATTS-RAY-MUMPER-ARMBRUSTER-GARDNER-SPADA-WHITE-DRAKE        9            


_________________________________________________________________   10           

                          A   B I L L                                           

             To amend sections 133.06, 135.143, 3318.01,           12           

                3318.011, 3318.021, 3318.03, 3318.032, 3318.04,    14           

                3318.05, 3318.06, 3318.08, 3318.11, 3318.13,       16           

                3318.14, 3318.15, 3318.31, and 3318.36; to enact                

                sections 3318.022, 3318.033, 3318.035, 3318.052,   17           

                3318.055, 3318.061, 3318.084, 3318.085, 3318.311,  18           

                3318.351, 3318.361, 3318.362, 3318.37, and                      

                3318.38; to repeal section 3318.18 of the Revised  21           

                Code; and to amend Sections 10 and 10.02 of Am.                 

                Sub. H.B. 282 of the 123rd General Assembly to     24           

                permit any school district to participate in the   25           

                School Building Assistance Expedited Local                      

                Partnership Program, to codify the program to set  26           

                aside classroom facilities assistance moneys for   27           

                low wealth school districts with exceptional                    

                needs, to require the Ohio School Facilities       28           

                Commission to propose a program to provide                      

                classroom facilities assistance moneys to joint    30           

                vocational school districts, to establish a                     

                program to provide classroom facilities            31           

                assistance moneys to school districts that have    32           

                suffered natural disasters, to authorize           33           

                accelerated service under the Classroom                         

                Facilities Assistance Program to big-eight school  34           

                districts, to authorize alternative methods for    35           

                school districts to generate their respective      36           

                shares of projects under the Classroom Facilities               

                                                          2      


                                                                 
                Assistance Program, to permit the Treasurer of     38           

                State to enter into an agreement with two or more  39           

                school districts to pool the bonds issued by       40           

                those school districts to pay their portion of                  

                projects under state classroom facilities          41           

                assistance programs, to make other changes to the  42           

                Classroom Facilities Assistance Program, and to    43           

                make an appropriation.                                          




BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:        45           

      Section 1.  That sections 133.06, 135.143, 3318.01,          47           

3318.011, 3318.021, 3318.03, 3318.032, 3318.04, 3318.05, 3318.06,  50           

3318.08, 3318.11, 3318.13, 3318.14, 3318.15, 3318.31, and 3318.36  51           

be amended and sections 3318.022, 3318.033, 3318.035, 3318.052,    53           

3318.055, 3318.061, 3318.084, 3318.085, 3318.311, 3318.351,                     

3318.361, 3318.362, 3318.37, and 3318.38 of the Revised Code be    57           

enacted to read as follows:                                        58           

      Sec. 133.06.  (A)  A school district shall not incur,        67           

without a vote of the electors, net indebtedness that exceeds an   68           

amount equal to one-tenth of one per cent of its tax valuation,    69           

except as provided in divisions (G) and (H) of this section and    71           

in division (C) of section 3313.372 of the Revised Code, OR AS     72           

PRESCRIBED IN SECTION 3318.052 OF THE REVISED CODE.                73           

      (B)  Except as provided in divisions (E) and (F) of this     75           

section, a school district shall not incur net indebtedness that   76           

exceeds an amount equal to nine per cent of its tax valuation.     77           

      (C)  A school district shall not submit to a vote of the     79           

electors the question of the issuance of securities in an amount   80           

that will make the district's net indebtedness after the issuance  81           

of the securities exceed an amount equal to four per cent of its   82           

tax valuation, unless the superintendent of public instruction,    83           

acting under policies adopted by the state board of education,     84           

and the tax commissioner, acting under written policies of the     85           

                                                          3      


                                                                 
commissioner, consent to the submission.  A request for the        86           

consents shall be made at least thirty days prior to the election  87           

at which the question is to be submitted, except that the          88           

superintendent of public instruction and the tax commissioner may  89           

waive this thirty-day deadline or grant their consents after the   90           

election if the school district shows good cause for such waiver   91           

or consent after the election.                                     92           

      (D)  In calculating the net indebtedness of a school         94           

district, none of the following shall be considered:               95           

      (1)  Securities issued to acquire school buses and other     97           

equipment used in transporting pupils or issued pursuant to        98           

division (D) of section 133.10 of the Revised Code;                99           

      (2)  Securities issued under division (F) of this section,   101          

under section 133.301 of the Revised Code, and, to the extent in   102          

excess of the limitation stated in division (B) of this section,   103          

under division (E) of this section;                                104          

      (3)  Indebtedness resulting from the dissolution of a joint  106          

vocational school district under section 3311.217 of the Revised   107          

Code, evidenced by outstanding securities of that joint            108          

vocational school district;                                        109          

      (4)  Loans, evidenced by any securities, received under      111          

sections 3313.483, 3317.0210, 3317.0211, and 3317.64 of the        112          

Revised Code;                                                      113          

      (5)  Debt incurred under section 3313.374 of the Revised     115          

Code;                                                                           

      (6)  Debt incurred pursuant to division (B)(5) of section    118          

3313.37 of the Revised Code to acquire computers and related                    

hardware.                                                                       

      (E)  A school district may become a special needs district   120          

as to certain securities as provided in division (E) of this       121          

section.                                                           122          

      (1)  A board of education, by resolution, may declare its    124          

school district to be a special needs district by determining      125          

both of the following:                                             126          

                                                          4      


                                                                 
      (a)  The student population is not being adequately          128          

serviced by the existing permanent improvements of the district.   129          

      (b)  The district cannot obtain sufficient funds by the      131          

issuance of securities within the limitation of division (B) of    132          

this section to provide additional or improved needed permanent    133          

improvements in time to meet the needs.                            134          

      (2)  The board of education shall certify a copy of that     136          

resolution to the superintendent of public instruction with a      137          

statistical report showing all of the following:                   138          

      (a)  A history of and a projection of the growth of the      140          

student population;                                                141          

      (b)  The history of and a projection of the growth of the    143          

tax valuation;                                                     144          

      (c)  The projected needs;                                    146          

      (d)  The estimated cost of permanent improvements proposed   148          

to meet such projected needs.                                      149          

      (3)  The superintendent of public instruction shall certify  151          

the district as an approved special needs district if the          152          

superintendent finds both of the following:                        153          

      (a)  The district does not have available sufficient         155          

additional funds from state or federal sources to meet the         156          

projected needs.                                                   157          

      (b)  The projection of the potential average growth of tax   159          

valuation during the next five years, according to the             160          

information certified to the superintendent and any other          161          

information the superintendent obtains, indicates a likelihood of  162          

potential average growth of tax valuation of the district during   163          

the next five years of an average of not less than three per cent  164          

per year.  The findings and certification of the superintendent    165          

shall be conclusive.                                               166          

      (4)  An approved special needs district may incur net        168          

indebtedness by the issuance of securities in accordance with the  169          

provisions of this chapter in an amount that does not exceed an    170          

amount equal to the greater of the following:                      171          

                                                          5      


                                                                 
      (a)  Nine per cent of the sum of its tax valuation plus an   173          

amount that is the product of multiplying that tax valuation by    174          

the percentage by which the tax valuation has increased over the   175          

tax valuation on the first day of the sixtieth month preceding     176          

the month in which its board determines to submit to the electors  177          

the question of issuing the proposed securities;                   178          

      (b)  Nine per cent of the sum of its tax valuation plus an   180          

amount that is the product of multiplying that tax valuation by    181          

the percentage, determined by the superintendent of public         182          

instruction, by which that tax valuation is projected to increase  183          

during the next ten years.                                         184          

      (F)  A school district may issue securities for emergency    186          

purposes, in a principal amount that does not exceed an amount     187          

equal to three per cent of its tax valuation, as provided in this  188          

division.                                                          189          

      (1)  A board of education, by resolution, may declare an     191          

emergency if it determines both of the following:                  192          

      (a)  School buildings or other necessary school facilities   194          

in the district have been wholly or partially destroyed, or        195          

condemned by a constituted public authority, or that such          196          

buildings or facilities are partially constructed, or so           197          

constructed or planned as to require additions and improvements    198          

to them before the buildings or facilities are usable for their    199          

intended purpose, or that corrections to permanent improvements    200          

are necessary to remove or prevent health or safety hazards.       201          

      (b)  Existing fiscal and net indebtedness limitations make   203          

adequate replacement, additions, or improvements impossible.       204          

      (2)  Upon the declaration of an emergency, the board of      206          

education may, by resolution, submit to the electors of the        207          

district pursuant to section 133.18 of the Revised Code the        208          

question of issuing securities for the purpose of paying the       209          

cost, in excess of any insurance or condemnation proceeds          210          

received by the district, of permanent improvements to respond to  211          

the emergency need.                                                212          

                                                          6      


                                                                 
      (3)  The procedures for the election shall be as provided    214          

in section 133.18 of the Revised Code, except that:                215          

      (a)  The form of the ballot shall describe the emergency     217          

existing, refer to this division as the authority under which the  218          

emergency is declared, and state that the amount of the proposed   219          

securities exceeds the limitations prescribed by division (B) of   220          

this section;                                                      221          

      (b)  The resolution required by division (B) of section      223          

133.18 of the Revised Code shall be certified to the county        224          

auditor and the board of elections at least seventy-five days      225          

prior to the election;                                             226          

      (c)  The county auditor shall advise and, not later than     228          

sixty-five days before the election, confirm that advice by        229          

certification to, the board of education of the information        230          

required by division (C) of section 133.18 of the Revised Code;    231          

      (d)  The board of education shall then certify its           233          

resolution and the information required by division (D) of         234          

section 133.18 of the Revised Code to the board of elections not   235          

less than sixty days prior to the election.                        236          

      (4)  Notwithstanding division (B) of section 133.21 of the   238          

Revised Code, the first principal payment of securities issued     239          

under this division may be set at any date not later than sixty    240          

months after the earliest possible principal payment otherwise     241          

provided for in that division.                                     242          

      (G)  The board of education may contract with an architect,  244          

professional engineer, or other person experienced in the design   245          

and implementation of energy conservation measures for an          246          

analysis and recommendations pertaining to installations,          247          

modifications of installations, or remodeling that would           248          

significantly reduce energy consumption in buildings owned by the  249          

district.  The report shall include estimates of all costs of      250          

such installations, modifications, or remodeling, including costs  251          

of design, engineering, installation, maintenance, repairs, and    252          

debt service, and estimates of the amounts by which energy         253          

                                                          7      


                                                                 
consumption and resultant operational and maintenance costs, as    254          

defined by the Ohio school facilities commission, would be         256          

reduced.                                                                        

      If the board finds after receiving the report that the       258          

amount of money the district would spend on such installations,    259          

modifications, or remodeling is not likely to exceed the amount    260          

of money it would save in energy and resultant operational and     261          

maintenance costs over the ensuing fifteen years, the board may    263          

submit to the commission a copy of its findings and a request for  264          

approval to incur indebtedness to finance the making or            266          

modification of installations or the remodeling of buildings for   267          

the purpose of significantly reducing energy consumption.          268          

      If the commission determines that the board's findings are   271          

reasonable, it shall approve the board's request.  Upon receipt    272          

of the commission's approval, the district may issue securities    274          

without a vote of the electors in a principal amount not to        275          

exceed nine-tenths of one per cent of its tax valuation for the    276          

purpose of making such installations, modifications, or            277          

remodeling, but the total net indebtedness of the district         278          

without a vote of the electors incurred under this and all other   279          

sections of the Revised Code shall not exceed one per cent of the  280          

district's tax valuation.                                          281          

      So long as any securities issued under division (G) of this  284          

section remain outstanding, the board of education shall monitor                

the energy consumption and resultant operational and maintenance   285          

costs of buildings in which installations or modifications have    287          

been made or remodeling has been done pursuant to division (G) of  288          

this section and shall maintain and annually update a report       290          

documenting the reductions in energy consumption and resultant     291          

operational and maintenance cost savings attributable to such      292          

installations, modifications, or remodeling.  The report shall be  293          

certified by an architect or engineer independent of any person    294          

that provided goods or services to the board in connection with    295          

the energy conservation measures that are the subject of the       296          

                                                          8      


                                                                 
report.  The resultant operational and maintenance cost savings    297          

shall be certified by the school district treasurer.  The report   298          

shall be made available to the commission upon request.            299          

      (H)  With the consent of the superintendent of public        301          

instruction, a school district may incur without a vote of the     302          

electors net indebtedness that exceeds the amounts stated in       303          

divisions (A) and (G) of this section for the purpose of paying    305          

costs of permanent improvements, if and to the extent that both    306          

of the following conditions are satisfied:                         307          

      (1)  The fiscal officer of the school district estimates     309          

that receipts of the school district from payments made under or   310          

pursuant to agreements entered into pursuant to section 725.02,    313          

1728.10, 3735.671, 5709.081, 5709.082, 5709.40, 5709.41, 5709.62,  314          

5709.63, 5709.632, 5709.73, 5709.78, or 5709.82 of the Revised     316          

Code, or distributions under division (C) of section 5709.43 of    317          

the Revised Code, or any combination thereof, are, after           318          

accounting for any appropriate coverage requirements, sufficient   319          

in time and amount, and are committed by the proceedings, to pay   320          

the debt charges on the securities issued to evidence that         321          

indebtedness and payable from those receipts, and the taxing       322          

authority of the district confirms the fiscal officer's estimate,  323          

which confirmation is approved by the superintendent of public     324          

instruction;                                                                    

      (2)  The fiscal officer of the school district certifies,    326          

and the taxing authority of the district confirms, that the        327          

district, at the time of the certification and confirmation,       328          

reasonably expects to have sufficient revenue available for the    329          

purpose of operating such permanent improvements for their         330          

intended purpose upon acquisition or completion thereof, and the   331          

superintendent of public instruction approves the taxing           332          

authority's confirmation.                                          333          

      The maximum maturity of securities issued under division     335          

(H) of this section shall be the lesser of twenty years or the     336          

maximum maturity calculated under section 133.20 of the Revised    337          

                                                          9      


                                                                 
Code.                                                              338          

      Sec. 135.143.  (A)  The treasurer of state may invest or     347          

execute transactions for any part or all of the interim funds of   348          

the state in the following classifications of obligations:         349          

      (1)  United States treasury bills, notes, bonds, or any      351          

other obligations or securities issued by the United States        352          

treasury or any other obligation guaranteed as to principal and    353          

interest by the United States;                                     354          

      (2)  Bonds, notes, debentures, or any other obligations or   356          

securities issued by any federal government agency or              357          

instrumentality;                                                   358          

      (3)  Bonds and other obligations of the sinking fund of the  360          

state of Ohio and the Ohio public facilities commission;           361          

      (4)(a)  Written repurchase agreements with any eligible      363          

Ohio financial institution that is a member of the federal         364          

reserve system or federal home loan bank or any recognized United  365          

States government securities dealer, under the terms of which      366          

agreement the treasurer of state purchases and the eligible        367          

financial institution or dealer agrees unconditionally to          368          

repurchase any of the securities that are listed in division       369          

(A)(1) or (2) of this section and that will mature or are          370          

redeemable within ten years from the date of purchase.  The        371          

market value of securities subject to these transactions must      372          

exceed the principal value of the repurchase agreement by an       373          

amount specified by the treasurer of state, and the securities     374          

must be delivered into the custody of the treasurer of state or    375          

the qualified trustee or agent designated by the treasurer of      376          

state.  The agreement shall contain the requirement that for each  377          

transaction pursuant to the agreement, the participating           378          

institution or dealer shall provide all of the following           379          

information:                                                       380          

      (i)  The par value of the securities;                        382          

      (ii)  The type, rate, and maturity date of the securities;   384          

      (iii)  A numerical identifier generally accepted in the      386          

                                                          10     


                                                                 
securities industry that designates the securities.                387          

      (b)  The treasurer of state also may sell any securities,    389          

listed in division (A)(1) or (2) of this section, regardless of    390          

maturity or time of redemption of the securities, under the same   391          

terms and conditions for repurchase, provided that the securities  392          

have been fully paid for and are owned by the treasurer of state   393          

at the time of the sale.                                           394          

      (5)  Securities lending agreements with any eligible         396          

financial institution that is a member of the federal reserve      397          

system or federal home loan bank or any recognized United States   398          

government securities dealer, under the terms of which agreement   399          

the treasurer of state lends securities and the eligible           400          

financial institution or dealer agrees to simultaneously exchange  401          

similar securities or cash, equal value for equal value.           402          

      Securities and cash received as collateral for a securities  404          

lending agreement are not interim funds of the state.  The         405          

investment of cash collateral received pursuant to a securities    406          

lending agreement may be invested only in such instruments         407          

specified by the treasurer of state in accordance with a written   408          

investment policy.                                                              

      (6)  Various forms of commercial paper issued by any         410          

corporation that is incorporated under the laws of the United      411          

States or a state, which such notes are rated in the two highest   412          

categories by two nationally recognized rating agencies, provided  413          

that the total amount invested in commercial paper at any time     414          

shall not exceed five per cent of the state's total average        415          

portfolio, as determined and calculated by the treasurer of        416          

state;                                                             417          

      (7)  Bankers acceptances, maturing in two hundred seventy    419          

days or less, which are eligible for purchase by the federal       420          

reserve system, provided that the total amount invested in         421          

bankers acceptances at any time shall not exceed ten per cent of   422          

the state's total average portfolio, as determined and calculated  423          

by the treasurer of state;                                         424          

                                                          11     


                                                                 
      (8)  Certificates of deposit in eligible institutions        426          

applying for interim moneys as provided in section 135.08 of the   427          

Revised Code, including linked deposits as provided in sections    428          

135.61 to 135.67 of the Revised Code, agricultural linked          429          

deposits as provided in sections 135.71 to 135.76 of the Revised   430          

Code, and depressed economic area linked deposits as provided in   431          

sections 135.81 to 135.88 of the Revised Code;                     432          

      (9)  The state treasurer's investment pool authorized under  434          

section 135.45 of the Revised Code;                                435          

      (10)  Debt interests rated investment grade by a nationally  437          

recognized rating agency and issued by corporations that are       438          

incorporated under the laws of the United States or a state, or    439          

issued by foreign nations diplomatically recognized by the United  440          

States government, or any instrument based on, derived from, or    441          

related to such interests.  All interest and principal shall be    442          

denominated and payable in United States funds.  The investments   443          

made under division (A)(10) of this section shall not exceed in    444          

the aggregate five per cent of the state's total average           445          

portfolio, as determined and calculated by the treasurer of        446          

state.  The investments made under division (A)(10) of this        447          

section in debt interests issued by foreign nations shall not      448          

exceed in the aggregate one per cent of the state's total average  449          

portfolio.  The investments made under division (A)(10) of this    450          

section in the debt interests of a single issuer shall not exceed  451          

in the aggregate one-half of one per cent of the state's total     452          

average portfolio.                                                 453          

      The treasurer of state shall invest under division (A)(10)   455          

of this section in a debt interest issued by a foreign nation      456          

only if the debt interest is backed by the full faith and credit   457          

of that foreign nation.  For purposes of division (A)(10) of this  458          

section, a debt interest is rated investment grade by a            459          

nationally recognized rating agency if either the debt interest    460          

itself or the issuer of the debt interest is rated, or is          461          

implicitly rated, investment grade by a nationally recognized      462          

                                                          12     


                                                                 
rating agency.                                                     463          

      (11)  No-load money market mutual funds consisting           465          

exclusively of obligations described in division (A)(1) or (2) of  466          

this section and repurchase agreements secured by such             467          

obligations.;                                                      468          

      (12)  Obligations of a board of education issued under       470          

authority of section 133.10 or 133.301 of the Revised Code;        471          

      (13)  POOLS OF SCHOOL DISTRICT BONDS AUTHORIZED UNDER        473          

SECTION 3318.085 OF THE REVISED CODE.                              474          

      (B)  Whenever, during a period of designation, the           476          

treasurer of state classifies public moneys as interim moneys,     477          

the treasurer of state shall notify the state board of deposit of  478          

such action.  Such notification shall be given within thirty days  479          

after such classification and in the event the state board of      480          

deposit does not concur in such classification or in the           481          

investments or deposits made under this section, the board may     482          

order the treasurer of state to sell or liquidate any of such      483          

investments or deposits, and any such order shall specifically     484          

describe the investments or deposits and fix the date upon which   485          

they are to be sold or liquidated.  Investments or deposits so     486          

ordered to be sold or liquidated shall be sold or liquidated for   487          

cash by the treasurer of state on the date fixed in such order at  488          

the then current market price.  Neither the treasurer of state     489          

nor the members of the state board of deposit shall be held        490          

accountable for any loss occasioned by sales or liquidations of    491          

investments or deposits at prices lower than their cost.  Any      492          

loss or expense incurred in making such sales or liquidations is   493          

payable as other expenses of the treasurer's office.               494          

      (C)  If any securities or obligations invested in by the     496          

treasurer of state pursuant to this section are registrable        497          

either as to principal or interest, or both, such securities or    498          

obligations shall be registered in the name of the treasurer of    499          

state.                                                             500          

      (D)  The treasurer of state is responsible for the           502          

                                                          13     


                                                                 
safekeeping of all securities or obligations under this section.   503          

Any such securities or obligations may be deposited for            504          

safekeeping as provided in section 113.05 of the Revised Code.     505          

      (E)  Interest earned on any investments or deposits          507          

authorized by this section shall be collected by the treasurer of  508          

state and credited by the treasurer of state to the proper fund    509          

of the state.                                                      510          

      (F)  Whenever investments or deposits acquired under this    512          

section mature and become due and payable, the treasurer of state  513          

shall present them for payment according to their tenor, and       514          

shall collect the moneys payable thereon.  The moneys so           515          

collected shall be treated as public moneys subject to sections    516          

135.01 to 135.21 of the Revised Code.                              517          

      (G)  The treasurer of state and any board of education       519          

issuing obligations referred to in division (A)(12) of this        520          

section OR POOLS OF BONDS REFERRED TO IN DIVISION (A)(13) OF THIS  521          

SECTION may enter into an agreement providing for:                 522          

      (1)  The purchase of those obligations, INCLUDING POOLS OF   524          

BONDS, by the treasurer of state on terms and subject to           526          

conditions set forth in the agreement;                                          

      (2)  The payment by the board of education to the treasurer  528          

of state of a reasonable fee as consideration for the agreement    530          

of the treasurer of state to purchase those obligations;           531          

provided, however, that the treasurer of state shall not be                     

authorized to enter into any such agreement with the board of      532          

education of a school district that has an outstanding obligation  533          

with respect to a loan received under authority of section         534          

3313.483 of the Revised Code.                                                   

      (H)  For purposes of division (G) of this section, a fee     537          

shall not be considered reasonable unless it is set to recover     538          

only the direct costs and a reasonable estimate of the indirect    539          

costs associated with the purchasing of obligations of a school    540          

board under division (G) of this section and any reselling of the  541          

obligations or any interest in the obligations, including          542          

                                                          14     


                                                                 
interests in a fund comprised of the obligations.  No money from   543          

the general revenue fund shall be used to subsidize the purchase   544          

or resale of these obligations.                                    545          

      (I)  All money collected by the treasurer of state from the  548          

fee imposed by division (G) of this section shall be deposited to  550          

the credit of the state school board obligations fund, which is    551          

hereby created in the state treasury.  Money credited to the fund  552          

shall be used solely to pay the treasurer of state's direct and    553          

indirect costs associated with purchasing and reselling            554          

obligations of a board of education under division (G) of this     555          

section.                                                                        

      Sec. 3318.01.  As used in sections 3318.01 to 3318.20 of     564          

the Revised Code:                                                  565          

      (A)  "Ohio school facilities commission" means the           568          

commission created pursuant to section 3318.30 of the Revised      569          

Code.                                                                           

      (B)  "Classroom facilities" means rooms in which pupils      571          

regularly assemble in public school buildings to receive           572          

instruction and education and such facilities and building         573          

improvements for the operation and use of such rooms as may be     574          

needed in order to provide a complete educational program, and     575          

may include space within which a child day-care facility or a      576          

community resource center is housed.  "CLASSROOM FACILITIES"       577          

INCLUDES ANY SPACE NECESSARY FOR THE OPERATION OF A VOCATIONAL     578          

EDUCATION PROGRAM IN ANY SCHOOL DISTRICT THAT OPERATES SUCH A      579          

PROGRAM.                                                           580          

      (C)  "Project" means a project to construct or acquire       582          

classroom facilities, or to reconstruct or make additions to       584          

existing classroom facilities, to be used for housing the          585          

applicable school district and its functions.                                   

      (D)  "School district" means a local, exempted village, or   587          

city school district as such districts are defined in Chapter      588          

3311. of the Revised Code, acting as an agency of state            589          

government, performing essential governmental functions of state   590          

                                                          15     


                                                                 
government pursuant to sections 3318.01 and 3318.20 of the         591          

Revised Code.                                                                   

      (E)  "School district board" means the board of education    593          

of a school district.                                              594          

      (F)  "Net bonded indebtedness" means the difference between  596          

the sum of the par value of all outstanding and unpaid bonds and   597          

notes which a school district board is obligated to pay, any       599          

amounts the school district is obligated to pay under              600          

lease-purchase agreements entered into under section 3313.375 of   601          

the Revised Code, and the par value of bonds authorized by the     602          

electors but not yet issued, the proceeds of which can lawfully    603          

be used for the project, and the amount held in the sinking fund   604          

and other indebtedness retirement funds for their redemption.      605          

Notes issued for school buses in accordance with section 3327.08   606          

of the Revised Code, notes issued in anticipation of the           607          

collection of current revenues, and bonds issued to pay final      608          

judgments shall not be considered in calculating the net bonded    609          

indebtedness.                                                                   

      "Net bonded indebtedness" does not include indebtedness      611          

arising from the acquisition of land to provide a site for         612          

classroom facilities constructed, acquired, or added to pursuant   613          

to sections 3318.01 to 3318.20 of the Revised Code.                614          

      (G)  "Board of elections" means the board of elections of    616          

the county containing the most populous portion of the school      617          

district.                                                          618          

      (H)  "County auditor" means the auditor of the county in     620          

which the greatest value of taxable property of such school        621          

district is located.                                               622          

      (I)  "Tax duplicates" means the general tax lists and        624          

duplicates prescribed by sections 319.28 and 319.29 of the         625          

Revised Code.                                                      626          

      (J)  "Required level of indebtedness" means:                 628          

      (1)  In the case of districts in the first percentile, five  631          

per cent of the district's valuation for the year preceding the    632          

                                                          16     


                                                                 
year in which the controlling board approved the project under     633          

section 3318.04 of the Revised Code.                                            

      (2)  In the case of districts ranked in a subsequent         635          

percentile, five per cent of the district's valuation for the      636          

year preceding the year in which the controlling board approved    637          

the project under section 3318.04 of the Revised Code, plus 6[two  638          

one-hundredths of one per cent multiplied by (the percentile in    639          

which the district ranks minus one)7<.                             640          

      (K)  "Required percentage of the basic project costs" means  642          

one per cent of the basic project costs times the percentile in    644          

which the district ranks.                                                       

      (L)  "Basic project cost" means a cost amount determined in  646          

accordance with rules adopted under section 111.15 of the Revised  647          

Code by the Ohio school facilities commission.  The basic project  650          

cost calculation shall take into consideration the square footage               

and cost per square foot necessary for the grade levels to be      651          

housed in the classroom facilities, the variation across the       652          

state in construction and related costs, the cost of the           653          

installation of site utilities and site preparation, the cost of   654          

insuring the project until it is completed, and the professional   656          

planning, administration, and design fees that a district may                   

have to pay to undertake a classroom facilities project.           657          

      "BASIC PROJECT COST" ALSO INCLUDES THE VALUE OF CLASSROOM    659          

FACILITIES AUTHORIZED IN A PRE-EXISTING BOND ISSUE AS DESCRIBED    660          

IN SECTION 3318.033 OF THE REVISED CODE.                           661          

      (M)  A "school district's portion of the basic project       663          

cost" means the amount determined under section 3318.032 of the    664          

Revised Code.                                                      665          

      (N)  "Child day-care facility" means space within a          668          

classroom facility in which the needs of infants, toddlers,        669          

preschool children, and school children are provided for by        670          

persons other than the parent or guardian of such children for     671          

any part of the day, including persons not employed by the school               

district operating such classroom facility.                        672          

                                                          17     


                                                                 
      (O)  "Community resource center" means space within a        675          

classroom facility in which comprehensive services that support    676          

the needs of families and children are provided by                 677          

community-based social service providers.                          678          

      (P)  "Valuation" means the total value of all property in    680          

the district as listed and assessed for taxation on the tax        682          

duplicates.                                                                     

      (Q)  "Percentile" means the percentile in which the          684          

district is ranked pursuant to division (D) of section 3318.011    686          

of the Revised Code.                                               687          

      (R)  "Installation of site utilities" means the              689          

installation of a site domestic water system, site fire            691          

protection system, site gas distribution system, site sanitary     692          

system, site storm drainage system, and site telephone and data    693          

system.                                                                         

      (S)  "Site preparation" means the earthwork necessary for    696          

preparation of the building foundation system, the paved           697          

pedestrian and vehicular circulation system, playgrounds on the    698          

project site, and lawn and planting on the project site.           699          

      Sec. 3318.011.  For purposes of providing assistance under   708          

sections 3318.01 to 3318.20 of the Revised Code, the department    709          

of education shall annually do all of the following:               710          

      (A)  Calculate the adjusted valuation per pupil of each      712          

city, local, and exempted village school district according to     713          

the following formula:                                             714          

              The district's valuation per pupil -                 715          

        6[$30,000 X (1 - the district's income factor)7<.          717          

      For purposes of this calculation:                            719          

      (1)  "Valuation per pupil" for a district means its average  721          

taxable value, divided by its formula ADM reported under section   722          

3317.03 of the Revised Code for the previous fiscal year.          724          

      (2)  "Average taxable value" means the average of the        726          

amounts certified for a district in the second, third, and fourth  727          

preceding fiscal years under divisions (A)(1) and (2) of section   728          

                                                          18     


                                                                 
3317.021 of the Revised Code.                                      729          

      (3)  "Income factor" has the same meaning as in section      731          

3317.02 of the Revised Code.                                       732          

      (B)  Calculate FOR EACH DISTRICT the three-year average OF   734          

THE adjusted valuation VALUATIONS per pupil of each city, local,   736          

and exempted village school CALCULATED FOR THE district for the    737          

CURRENT AND TWO preceding three fiscal years;                      738          

      (C)  Rank all such districts in order of adjusted valuation  740          

per pupil from the district with the lowest three-year average     741          

adjusted valuation per pupil to the district with the highest      743          

three-year average adjusted valuation per pupil;                   744          

      (D)  Divide such ranking into percentiles with the first     747          

percentile containing the one per cent of school districts having  748          

the lowest three-year average adjusted valuations per pupil and    749          

the one-hundredth percentile containing the one per cent of        750          

school districts having the highest three-year average adjusted    751          

valuations per pupil;                                              752          

      (E)  Determine the school districts that have three-year     755          

average adjusted valuations per pupil that are greater than the    757          

median three-year average adjusted valuation per pupil for all     758          

school districts in the state;                                                  

      (F)  Certify the information described in divisions (A) to   761          

(E) of this section to the Ohio school facilities commission.      762          

      Sec. 3318.021.  Notwithstanding section 3318.02 of the       771          

Revised Code, the Ohio school facilities commission annually may   772          

conduct on-site visits to no more than five school districts in    773          

the twentieth to fortieth percentiles as determined under section  775          

3318.011 of the Revised Code, if a ANY SCHOOL DISTRICT WHOSE       777          

district board adopts a resolution certifying to the commission    778          

the board's intent to participate in the school building           780          

assistance expedited local partnership program under section       781          

3318.36 of the Revised Code.                                       782          

      Sec. 3318.022.  NOTWITHSTANDING ANYTHING TO THE CONTRARY IN  784          

SECTION 3318.02 OF THE REVISED CODE, WITHIN TWO YEARS FOLLOWING    786          

                                                          19     


                                                                 
THE REQUEST OF THE SCHOOL DISTRICT, THE OHIO SCHOOL FACILITIES     787          

COMMISSION SHALL ASSESS THE CURRENT CONDITIONS OF THE CLASSROOM    788          

FACILITIES NEEDS OF ANY SCHOOL DISTRICT THAT IS NOT YET ELIGIBLE   791          

FOR STATE ASSISTANCE UNDER CHAPTER 3318. OF THE REVISED CODE AND   792          

THAT REQUESTS SUCH AN ASSESSMENT.  THE ASSESSMENT MADE UNDER THIS  793          

SECTION SHALL NOT INCLUDE A FINAL AGREEMENT BETWEEN THE SCHOOL     794          

DISTRICT AND THE COMMISSION AS TO THE BASIC PROJECT COST OF THE    795          

SCHOOL DISTRICT'S CLASSROOM FACILITIES NEEDS.  THE COMMISSION      796          

SHALL NOT CONSIDER ANY REQUEST FOR AN ASSESSMENT UNDER THIS        797          

SECTION THAT IS SUBMITTED SOONER THAN THE EFFECTIVE DATE OF THIS   798          

SECTION.                                                                        

      Sec. 3318.03.  Upon BEFORE CONDUCTING AN ON-SITE EVALUATION  809          

OF A SCHOOL DISTRICT UNDER SECTION 3318.02 OF THE REVISED CODE,    810          

AT THE REQUEST OF THE DISTRICT BOARD OF EDUCATION, THE OHIO        811          

SCHOOL FACILITIES COMMISSION SHALL EXAMINE ANY CLASSROOM           812          

FACILITIES NEEDS ASSESSMENT THAT HAS BEEN CONDUCTED BY THE                      

DISTRICT AND ANY MASTER PLAN DEVELOPED FOR MEETING THE FACILITY    814          

NEEDS OF THE DISTRICT.                                                          

      UPON conducting the on-site evaluation under section         817          

3318.02 of the Revised Code, the Ohio school facilities            819          

commission shall make a determination of all of the following:     820          

      (A)  The needs of the school district for additional         822          

classroom facilities;                                              823          

      (B)  The number of classroom facilities to be included in a  826          

project, INCLUDING CLASSROOM FACILITIES AUTHORIZED BY A BOND       827          

ISSUE DESCRIBED IN SECTION 3318.033 OF THE REVISED CODE, and the   828          

basic project cost of constructing, acquiring, reconstructing, or  830          

making additions to each such facility;                            831          

      (C)  The amount of such cost that the school district can    834          

supply from available funds, by the issuance of bonds previously   835          

authorized by the electors of the school district the proceeds of  836          

which can lawfully be used for the project, INCLUDING BONDS        837          

AUTHORIZED BY THE DISTRICT'S ELECTORS AS DESCRIBED IN SECTION      838          

3318.033 OF THE REVISED CODE, and by the issuance of bonds under   840          

                                                          20     


                                                                 
section 3318.05 of the Revised Code;                                            

      (D)  The remaining amount of such cost that shall be         843          

supplied by the state;                                             844          

      (E)  If the state's portion of the basic project cost        846          

exceeds forty TWENTY-FIVE million dollars, the amount of the       848          

state's portion to be encumbered in accordance with section        849          

3318.11 of the Revised Code in the current and subsequent fiscal   851          

bienniums from funds appropriated for purposes of sections         852          

3318.01 to 3318.20 of the Revised Code.                            853          

      The commission shall make a determination in favor of        856          

constructing, acquiring, reconstructing, or making additions to a  857          

classroom facility only upon evidence that the proposed project    859          

conforms to sound educational practice, that it is in keeping      860          

with the orderly process of school district reorganization and     861          

consolidation, and that the actual or projected enrollment in      862          

each classroom facility proposed to be included in the project is  864          

at least three hundred fifty pupils.  Exceptions shall be                       

authorized only in those districts where topography, sparsity of   866          

population, and other factors make larger schools impracticable.   868          

      Sections 125.81 and 153.04 of the Revised Code shall not     870          

apply to classroom facilities constructed under sections 3318.01   871          

to 3318.20 of the Revised Code.                                    872          

      Sec. 3318.032.  (A)  The portion of the basic project cost   882          

supplied by the school district shall be the greater of:           884          

      (A)(1)  The required percentage of the basic project costs,  886          

determined based on the district's percentile ranking at the time  887          

the controlling board approved the project under section 3318.04   889          

of the Revised Code;                                                            

      (B)(2)  An amount necessary to raise the school district's   891          

net bonded indebtedness, as of the date the controlling board      893          

approved the project, to within five thousand dollars of the       894          

required level of indebtedness.                                    895          

      (B)  The amount of the district's share determined under     897          

this section shall be calculated only as of the date the           898          

                                                          21     


                                                                 
controlling board approved the project, and that amount applies    899          

throughout the one-year period permitted under section 3318.05 of  900          

the Revised Code for the district's electors to approve the        901          

propositions described in that section.  If the amount reserved    902          

and encumbered for a project is released because the electors do   903          

not approve those propositions within that year, and the school    904          

district later receives the controlling board's approval for the   905          

project, the district's portion shall be recalculated in           906          

accordance with this section as of the date of the controlling     907          

board's subsequent approval.                                                    

      (C)  NOTWITHSTANDING ANYTHING TO THE CONTRARY IN DIVISION    910          

(A) OR (B) OF THIS SECTION, AT NO TIME SHALL A SCHOOL DISTRICT'S   911          

PORTION OF THE BASIC PROJECT COST BE GREATER THAN NINETY-FIVE PER               

CENT OF THE TOTAL BASIC PROJECT COST.                              912          

      Sec. 3318.033.  IF THE ELECTORS OF A SCHOOL DISTRICT HAVE    914          

APPROVED THE ISSUANCE OF BONDS FOR THE ACQUISITION OF CLASSROOM    915          

FACILITIES WITHIN EIGHTEEN MONTHS PRIOR TO THE SCHOOL DISTRICT     916          

BOARD'S RECEIPT OF A NOTIFICATION BY THE OHIO SCHOOL FACILITIES    917          

COMMISSION THAT THE SCHOOL DISTRICT IS ELIGIBLE FOR STATE          918          

ASSISTANCE UNDER SECTIONS 3318.01 TO 3318.20 OF THE REVISED CODE,  919          

AND IF THE CLASSROOM FACILITIES SUPPORTED BY THAT BOND MEASURE     920          

COMPLY WITH THE COMMISSION'S DESIGN SPECIFICATIONS FOR A PROJECT   921          

UNDER SECTIONS 3318.01 TO 3318.20 OF THE REVISED CODE, THE         922          

COMMISSION SHALL INCLUDE THE VALUE OF THOSE CLASSROOM FACILITIES   923          

IN THE BASIC PROJECT COST OF THE SCHOOL DISTRICT'S PROJECT         924          

DETERMINED UNDER SECTION 3318.03 OF THE REVISED CODE AND SHALL     925          

DEDUCT THE AMOUNT OF THE BONDS AUTHORIZED IN THAT BOND MEASURE     927          

FROM THE AMOUNT OF THE SCHOOL DISTRICT'S PORTION OF THE BASIC      928          

PROJECT COST AS DETERMINED UNDER SECTION 3318.032 OF THE REVISED   929          

CODE.                                                                           

      Sec. 3318.035.  (A)  THIS SECTION APPLIES ONLY IF THERE IS   931          

A CHANGE IN THE ASSESSMENT RATES ON GAS PIPELINES IMPOSED UNDER    932          

STATE LAW.                                                         933          

      (B)  IF AT ANY TIME DIVISION (A) OF THIS SECTION APPLIES     935          

                                                          22     


                                                                 
AND IF THE CHANGE IN ASSESSMENT RATES DESCRIBED IN THAT DIVISION   937          

AFFECTS A SCHOOL DISTRICT'S VALUATION AS DETERMINED UNDER          938          

DIVISION (P) OF SECTION 3318.01 OF THE REVISED CODE BY GREATER     940          

THAN TEN PER CENT AND IF THE OHIO SCHOOL FACILITIES COMMISSION     941          

HAD DETERMINED THE STATE AND SCHOOL DISTRICT PORTION OF THE BASIC  942          

PROJECT COST OF SUCH A DISTRICT'S PROJECT UNDER SECTION 3318.36    944          

OF THE REVISED CODE PRIOR TO THAT CHANGE IN VALUATION, THE         946          

COMMISSION SHALL ADJUST THE STATE AND SCHOOL DISTRICT PORTIONS OF  947          

THE BASIC PROJECT COST OF THE SCHOOL DISTRICT'S PROJECT USING THE               

VALUATION ALTERED BY THE CHANGE IN ASSESSMENT RATES DESCRIBED IN   948          

DIVISION (A) OF THIS SECTION.                                      949          

      Sec. 3318.04.  (A)  If the Ohio school facilities            958          

commission makes a determination under section 3318.03 of the      959          

Revised Code in favor of constructing, acquiring, reconstructing,  961          

or making additions to a classroom facility, the project shall be  962          

conditionally approved.  Such conditional approval shall be        963          

submitted to the controlling board for approval thereof.  The                   

controlling board shall forthwith approve or reject the            964          

commission's determination, conditional approval, the amount of    966          

the state's portion of the basic project cost, and, if the                      

state's portion exceeds forty TWENTY-FIVE million dollars, the     967          

amount of the state's portion to be encumbered in the current      969          

fiscal biennium.  In the event of approval thereof by the          970          

controlling board, the commission shall certify such conditional   972          

approval to the school district board and shall encumber from the  973          

total funds appropriated for the purpose of sections 3318.01 to                 

3318.20 of the Revised Code the amount of the state's portion of   974          

the basic project cost or, if the state's portion exceeds forty    975          

TWENTY-FIVE million dollars, the amount approved under this        977          

section to be encumbered in the current fiscal biennium.           978          

      The basic project cost for a project approved under this     981          

section shall not exceed the cost that would otherwise have to be               

incurred if the classroom facilities to be constructed, acquired,  982          

or reconstructed, or the additions to be made to classroom         983          

                                                          23     


                                                                 
facilities, under such project meet, but do not exceed, the        984          

specifications for plans and materials for classroom facilities    985          

adopted by the commission.                                                      

      (B)(1)  No school district shall have a project              987          

conditionally approved pursuant to this section if the project     989          

includes the reconstruction of, or the making of additions to,     990          

any classroom facilities that were constructed, acquired,          991          

reconstructed, or added to as part of SCHOOL DISTRICT HAS ALREADY  992          

RECEIVED ANY ASSISTANCE FOR a project funded under any version of  993          

sections 3318.01 to 3318.20 of the Revised Code, and the prior     995          

project was one for which the electors of such district approved   996          

a levy within the last ten TWENTY years pursuant to any version    998          

of section 3318.06 of the Revised Code for purposes of qualifying  999          

for the funding of that project, UNLESS THE DISTRICT DEMONSTRATES  1,000        

TO THE SATISFACTION OF THE COMMISSION THAT THE DISTRICT HAS        1,002        

EXPERIENCED SINCE APPROVAL OF ITS PRIOR PROJECT AN EXCEPTIONAL     1,003        

INCREASE IN ENROLLMENT SIGNIFICANTLY ABOVE THE DISTRICT'S DESIGN   1,004        

CAPACITY UNDER THAT PRIOR PROJECT AS DETERMINED BY RULE OF THE     1,005        

COMMISSION.                                                                     

      (2)  NOTWITHSTANDING DIVISION (B)(1) OF THIS SECTION, ANY    1,007        

SCHOOL DISTRICT THAT RECEIVED ASSISTANCE UNDER SECTIONS 3318.01    1,008        

TO 3318.20 OF THE REVISED CODE, AS THOSE SECTIONS EXISTED PRIOR    1,009        

TO MAY 20, 1997, MAY RECEIVE ADDITIONAL ASSISTANCE UNDER THOSE     1,011        

SECTIONS, AS THEY EXIST ON AND AFTER MAY 20, 1997, PRIOR TO THE    1,012        

EXPIRATION OF THE PERIOD OF TIME REQUIRED UNDER DIVISION (B)(1)    1,013        

OF THIS SECTION, IF THE PERCENTILE IN WHICH THE SCHOOL DISTRICT    1,014        

IS LOCATED, AS DETERMINED UNDER SECTION 3318.011 OF THE REVISED    1,016        

CODE, IS ELIGIBLE FOR ASSISTANCE AS PRESCRIBED IN SECTION 3318.02  1,018        

OF THE REVISED CODE.                                                            

      THE COMMISSION MAY PROVIDE ASSISTANCE UNDER SECTIONS         1,020        

3318.01 TO 3318.20 OF THE REVISED CODE PURSUANT TO THIS DIVISION   1,021        

TO NO MORE THAN FIVE SCHOOL DISTRICTS PER FISCAL YEAR UNTIL ALL    1,022        

ELIGIBLE SCHOOL DISTRICTS HAVE RECEIVED THE ADDITIONAL ASSISTANCE  1,023        

AUTHORIZED UNDER THIS DIVISION.  THE COMMISSION SHALL ESTABLISH    1,024        

                                                          24     


                                                                 
APPLICATION PROCEDURES, DEADLINES, AND PRIORITIES FOR FUNDING      1,025        

PROJECTS UNDER THIS DIVISION.                                                   

      THE COMMISSION AT ITS DISCRETION MAY WAIVE CURRENT DESIGN    1,027        

SPECIFICATIONS IT HAS ADOPTED FOR PROJECTS UNDER SECTIONS 3318.01  1,028        

TO 3318.20 OF THE REVISED CODE WHEN ASSESSING AN APPLICATION FOR   1,029        

ADDITIONAL ASSISTANCE UNDER THIS DIVISION FOR THE RENOVATION OF    1,030        

CLASSROOM FACILITIES CONSTRUCTED OR RENOVATED UNDER A SCHOOL       1,032        

DISTRICT'S PREVIOUS PROJECT.  IF THE COMMISSION FINDS THAT A       1,034        

SCHOOL DISTRICT'S EXISTING CLASSROOM FACILITIES ARE ADEQUATE TO    1,035        

MEET ALL OF THE SCHOOL DISTRICT'S NEEDS, THE COMMISSION MAY                     

DETERMINE THAT NO ADDITIONAL STATE ASSISTANCE BE AWARDED TO A      1,036        

SCHOOL DISTRICT UNDER THIS DIVISION.                               1,037        

      IN ORDER FOR A SCHOOL DISTRICT TO BE ELIGIBLE TO RECEIVE     1,039        

ANY ADDITIONAL ASSISTANCE UNDER THIS DIVISION, THE SCHOOL          1,040        

DISTRICT ELECTORS SHALL EXTEND THE SCHOOL DISTRICT'S EXISTING      1,041        

LEVY DEDICATED FOR MAINTENANCE OF CLASSROOM FACILITIES UNDER       1,042        

CHAPTER 3318. OF THE REVISED CODE, PURSUANT TO SECTION 3318.061    1,044        

OF THE REVISED CODE OR SHALL PROVIDE EQUIVALENT ALTERNATIVE        1,045        

MAINTENANCE FUNDS AS SPECIFIED IN DIVISION (B) OF SECTION 3318.06  1,046        

OF THE REVISED CODE.                                                            

      Sec. 3318.05.  The conditional approval of the Ohio school   1,055        

facilities commission for a project shall lapse and the amount     1,057        

reserved and encumbered for such project shall be released unless  1,058        

the school district board accepts such conditional approval        1,059        

within one hundred twenty days following the date of               1,060        

certification of the conditional approval to the school district   1,061        

board and the electors of the school district vote favorably on    1,063        

both of the propositions described in divisions (A) and (B) of     1,064        

this section within one year of the date of such certification,    1,065        

except that a school district described in division (C) of this    1,066        

section does not need to submit the proposition described in       1,067        

division (B) of this section.  The propositions described in       1,069        

divisions (A) and (B) of this section shall be combined in a       1,070        

single proposal.  If the district board or the district's          1,071        

                                                          25     


                                                                 
electors fail to meet such requirements and the amount reserved    1,072        

and encumbered for the district's project is released, the         1,073        

district shall be given first priority for project funding as                   

such funds become available.                                       1,074        

      (A)  On the question of issuing bonds of the school          1,076        

district board, for the school district's portion of the basic     1,077        

project cost, in an amount equal to the school district's portion  1,080        

of the basic project cost LESS ANY DEDUCTION MADE UNDER SECTION    1,081        

3318.033 OF THE REVISED CODE; and                                  1,082        

      (B)  On the question of levying a tax the proceeds of which  1,085        

shall be used to pay the cost of maintaining the classroom         1,086        

facilities included in the project, except that in any year the                 

district's three-year average adjusted valuation per pupil is      1,087        

greater than the state-wide median three-year average adjusted     1,090        

valuation per pupil, one-half of the proceeds of the tax shall be  1,091        

used for such maintenance and one-half of such proceeds shall be   1,092        

paid to the state.  Such tax shall be at the rate of NOT LESS      1,093        

THAN one-half mill for each dollar of valuation until it           1,095        

generates an amount not to exceed the amount of the project cost   1,097        

supplied by the state, but in no case longer than FOR A PERIOD OF  1,098        

twenty-three years, SUBJECT TO ANY EXTENSION APPROVED UNDER        1,100        

SECTION 3318.061 OF THE REVISED CODE.                              1,101        

      (C)  If a school district has in place a tax levied under    1,103        

section 5705.21 of the Revised Code for general ongoing permanent  1,104        

improvements of at least two mills for each dollar of valuation    1,105        

and the proceeds of such tax can be used for maintenance, the      1,106        

school district need not levy the additional tax required under    1,108        

division (B) of this section, provided the school district board   1,109        

includes in the agreement entered into under section 3318.08 of    1,110        

the Revised Code provisions earmarking an amount from the          1,111        

proceeds of that permanent improvement tax for maintenance of      1,113        

classroom facilities or for payments to the state equivalent to    1,115        

the amount of the additional tax and for the equivalent number of  1,116        

years otherwise required under this section.                                    

                                                          26     


                                                                 
      (D)  Proceeds of the tax to be used for maintenance of the   1,119        

classroom facilities under either division (B) or (C) of this      1,120        

section shall be deposited into a separate fund established by     1,121        

the school district for such purpose.                                           

      Sec. 3318.052.  NOTWITHSTANDING ANY PROVISION OF DIVISIONS   1,123        

(A), (B), AND (C) OF SECTION 3318.05 OF THE REVISED CODE TO THE    1,125        

CONTRARY, BY RESOLUTION ADOPTED BY A MAJORITY OF ALL ITS MEMBERS,  1,127        

A SCHOOL DISTRICT BOARD MAY OPT TO APPLY THE PROCEEDS OF TAX       1,128        

LEVIED UNDER SECTION 5705.21 OF THE REVISED CODE FOR GENERAL       1,129        

ONGOING PERMANENT IMPROVEMENTS OR THE PROCEEDS OF SCHOOL DISTRICT  1,131        

INCOME TAX LEVIED UNDER CHAPTER 5748. OF THE REVISED CODE, OR      1,132        

PROCEEDS FROM A COMBINATION OF THOSE TWO TAXES, IF THE PROCEEDS    1,134        

OF SUCH LEVIES MAY LAWFULLY BE USED FOR GENERAL CONSTRUCTION,      1,135        

RENOVATION, REPAIR, OR MAINTENANCE OF CLASSROOM FACILITIES, IN     1,136        

LIEU OF ALL OR PART OF THE BONDS AND TAX LEVIES OTHERWISE          1,138        

REQUIRED UNDER DIVISIONS (A), (B), AND (C) OF SECTION 3318.05 OF   1,140        

THE REVISED CODE, TO LEVERAGE BONDS ADEQUATE TO PAY ALL OR PART    1,141        

OF THE SCHOOL DISTRICT PORTION OF A PROJECT UNDER SECTIONS         1,142        

3318.01 TO 3318.20 OF THE REVISED CODE OR TO GENERATE AN AMOUNT    1,143        

EQUIVALENT TO ALL OR PART OF THE PROCEEDS OF THE TAX REQUIRED      1,144        

UNDER DIVISION (B) OF SECTION 3318.05 OF THE REVISED CODE TO BE    1,146        

USED FOR MAINTENANCE OF CLASSROOM FACILITIES CONSTRUCTED,          1,148        

RENOVATED, OR REPAIRED UNDER SUCH PROJECT.  A SCHOOL DISTRICT      1,150        

UNDERTAKING A PROJECT UNDER SECTIONS 3318.01 TO 3318.20 OF THE     1,151        

REVISED CODE AND OPTING TO APPLY THE PROCEEDS OF THE TAX LEVIES    1,153        

PURSUANT TO THIS SECTION SHALL BE SUBJECT TO ALL OTHER PROVISIONS  1,154        

OF DIVISIONS (A), (B), AND (C) OF SECTION 3318.05 OF THE REVISED   1,156        

CODE AND THE REQUIREMENT FOR A SEPARATE MAINTENANCE FUND UNDER     1,158        

DIVISION (D) OF SECTION 3318.05 OF THE REVISED CODE.  BONDS        1,159        

ISSUED UNDER THIS SECTION SHALL BE CHAPTER 133. SECURITIES, BUT    1,161        

THE ISSUANCE OF THE BONDS SHALL NOT BE SUBJECT TO A VOTE OF THE    1,162        

ELECTORS OF THE SCHOOL DISTRICT AS LONG AS THE TAX LEVIES          1,163        

EARMARKED FOR PAYMENT OF THE SERVICE CHARGES ON THE BONDS MAY      1,164        

LAWFULLY BE USED FOR THAT PURPOSE.                                              

                                                          27     


                                                                 
      NO STATE MONEYS SHALL BE RELEASED FOR A PROJECT TO WHICH     1,166        

THIS SECTION APPLIES UNTIL THE PROCEEDS OF ANY BONDS ISSUED UNDER  1,167        

THIS SECTION THAT ARE DEDICATED FOR THE PAYMENT OF THE SCHOOL      1,168        

DISTRICT PORTION OF A PROJECT ARE FIRST DEPOSITED INTO THE SCHOOL  1,169        

DISTRICT'S PROJECT CONSTRUCTION FUND.                              1,170        

      Sec. 3318.055.  NOTWITHSTANDING ANY PROVISION TO THE         1,172        

CONTRARY IN SECTIONS 3318.05, 3318.06, 3318.061, 3318.08,          1,173        

3318.36, 3318.361, AND 3318.38 OF THE REVISED CODE, IF THE AMOUNT  1,174        

OF MONEY THAT WOULD BE RAISED IN A SCHOOL DISTRICT BY THE                       

TWENTY-THREE YEAR MAINTENANCE TAX SPECIFIED IN THOSE SECTIONS      1,175        

DURING THE FIRST TWELVE-MONTH PERIOD OF ITS COLLECTION, AS         1,176        

ESTIMATED BY THE DEPARTMENT OF TAXATION, WOULD BE LESS THAN TEN    1,177        

PER CENT OF THE AMOUNT OF MONEY THAT THE SCHOOL DISTRICT WAS       1,178        

REQUIRED TO DEPOSIT INTO ITS CAPITAL AND MAINTENANCE FUND DURING   1,179        

THE MOST RECENT FISCAL YEAR UNDER SECTION 3315.18 OF THE REVISED                

CODE, THE SCHOOL DISTRICT SHALL NOT BE REQUIRED TO INCLUDE SUCH    1,180        

MAINTENANCE TAX ON A BALLOT PROPOSAL, AS OTHERWISE REQUIRED UNDER  1,181        

SECTIONS 3318.05, 3318.06, 3318.061, 3318.08, 3318.36, 3318.361,   1,182        

AND 3318.38 OF THE REVISED CODE.                                                

      Sec. 3318.06.  After receipt of the conditional approval of  1,191        

the Ohio school facilities commission, the school district board   1,193        

by a majority of all of its members shall, if it desires to        1,194        

proceed with the project, declare all of the following by          1,195        

resolution:                                                                     

      (A)  That by issuing bonds in an amount equal to the school  1,197        

district's portion of the basic project cost, INCLUDING BONDS      1,199        

PREVIOUSLY AUTHORIZED BY THE DISTRICT'S ELECTORS AS DESCRIBED IN   1,200        

SECTION 3318.033 OF THE REVISED CODE, the district is unable to    1,201        

provide adequate classroom facilities without assistance from the  1,203        

state;                                                                          

      (B)  That UNLESS THE SCHOOL DISTRICT BOARD HAS RESOLVED TO   1,205        

APPLY THE PROCEEDS OF A PROPERTY TAX OR THE PROCEEDS OF AN INCOME  1,206        

TAX, OR A COMBINATION OF PROCEEDS FROM SUCH TAXES, AS AUTHORIZED   1,207        

UNDER SECTION 3318.052 OF THE REVISED CODE, THAT to qualify for    1,208        

                                                          28     


                                                                 
such state assistance it is necessary to do either of the          1,209        

following:                                                                      

      (1)  Levy a tax outside the ten-mill limitation the          1,211        

proceeds of which shall be used to pay the cost of maintaining     1,213        

the classroom facilities included in the project, except that in   1,214        

any year the district's three-year average adjusted valuation per  1,215        

pupil is greater than the statewide median three-year average      1,217        

adjusted valuation per pupil, one-half of the proceeds of the tax  1,218        

shall be used for such maintenance and one-half of such proceeds                

shall be paid to the state;                                        1,219        

      (2)  Earmark for maintenance of classroom facilities or for  1,221        

payments to the state from the proceeds of an existing permanent   1,222        

improvement tax levied under section 5705.21 of the Revised Code,  1,225        

if such tax is of at least two mills for each dollar of valuation  1,226        

and can be used for maintenance, an amount equivalent to the       1,227        

amount of the additional tax otherwise required under this                      

section and sections 3318.05 and 3318.08 of the Revised Code.      1,229        

      (C)  That the question of any tax levy specified in a        1,231        

resolution described in division (B)(1) of this section, IF        1,232        

REQUIRED, shall be submitted to the electors of the school         1,235        

district at the next general or primary election, if there be a    1,236        

general or primary election not less than seventy-five and not     1,237        

more than ninety-five days after the day of the adoption of such   1,238        

resolution or, if not, at a special election to be held at a time  1,239        

specified in the resolution which shall be not less than           1,240        

seventy-five days after the day of the adoption of the resolution  1,241        

and which shall be in accordance with the requirements of section  1,242        

3501.01 of the Revised Code.                                                    

      Such resolution shall also state that the question of        1,245        

issuing bonds of the board shall be combined in a single proposal  1,246        

with the question of such tax levy.  More than one election under  1,247        

this section may be held in any one calendar year.  Such           1,248        

resolution shall specify both of the following:                                 

      (1)  That the rate which it is necessary to levy shall be    1,250        

                                                          29     


                                                                 
at the rate of NOT LESS THAN one-half mill for each one dollar of  1,251        

valuation, and that such tax shall be levied until it generates    1,254        

an amount not to exceed the amount of the project cost supplied    1,256        

by the state, but in no case longer than FOR A PERIOD OF           1,257        

twenty-three years;                                                             

      (2)  That the proceeds of the tax shall be used to pay the   1,259        

cost of maintaining the classroom facilities included in the       1,260        

project, except in any year the district's three-year average      1,261        

adjusted valuation per pupil is greater than the statewide median  1,263        

three-year average adjusted valuation per pupil, one-half of the   1,264        

proceeds of the tax shall be used for such maintenance and         1,265        

one-half of the proceeds of the tax shall be paid to the state.    1,266        

      A copy of such resolution shall after its passage and not    1,268        

less than seventy-five days prior to the date set therein for the  1,269        

election be certified to the county board of elections.            1,270        

      The resolution of the school district board, in addition to  1,273        

meeting other applicable requirements of section 133.18 of the     1,274        

Revised Code, shall state that the amount of bonds to be issued    1,275        

will be an amount equal to the school district's portion of the    1,276        

basic project cost, and state the maximum maturity of the bonds    1,278        

which, notwithstanding section 133.20 of the Revised Code, may be  1,279        

any number of years not exceeding twenty-three as determined by    1,280        

the board.  In estimating the amount of bonds to be issued, the    1,281        

board shall take into consideration the amount of moneys then in   1,282        

the bond retirement fund and the amount of moneys to be collected  1,283        

for and disbursed from the bond retirement fund during the         1,284        

remainder of the year in which the resolution of necessity is      1,285        

adopted.                                                                        

      Notice of the election shall include the fact that the tax   1,287        

levy shall be at the rate of NOT LESS THAN one-half mill for each  1,288        

one dollar of valuation, that the levy shall be made until it      1,291        

generates an amount not to exceed the amount of the project cost   1,292        

supplied by the state, but in no case longer than FOR A PERIOD OF  1,293        

twenty-three years, and that the proceeds of the tax shall be      1,295        

                                                          30     


                                                                 
used to pay the cost of maintaining the classroom facilities       1,296        

included in the project, except in any year the district's         1,297        

three-year average adjusted valuation per pupil is greater than    1,298        

the statewide median three-year average adjusted valuation per     1,299        

pupil, one-half of the proceeds of the tax shall be used for such  1,301        

maintenance and one-half of the proceeds of the tax shall be paid  1,302        

to the state.                                                                   

      The form of the ballot to be used at such election shall     1,304        

be:                                                                1,305        

      "A majority affirmative vote is necessary for passage.       1,307        

      Shall bonds be issued by the ............ (here insert name  1,310        

of school district) school district to pay the local share of      1,311        

school construction under the State of Ohio Classroom Facilities   1,312        

Assistance Program in the principal amount of ............ (here   1,313        

insert principal amount of the bond issue), to be repaid annually  1,314        

over a maximum period of ............ (here insert the maximum     1,315        

number of years over which the principal of the bonds may be       1,316        

paid) years, and an annual levy of property taxes be made outside  1,317        

the ten-mill limitation, estimated by the county auditor to        1,318        

average over the repayment period of the bond issue ............   1,319        

(here insert the number of mills estimated) mills for each one     1,320        

dollar of tax valuation, which amounts to ............ (rate       1,321        

expressed in cents or dollars and cents, such as "thirty-six       1,322        

cents" or "$0.36") for each one hundred dollars of tax valuation   1,323        

to pay the annual debt charges on the bonds and to pay debt        1,324        

charges on any notes issued in anticipation of the bonds?"         1,325        

                 and, unless the additional levy                   1,326        

                of taxes is not required pursuant                  1,327        

                   to division (C) of section                      1,328        

                  3318.05 of the Revised Code,                     1,329        

      "Shall an additional levy of taxes be made for a period not  1,331        

to 1xceed OF twenty-three years to benefit the ............ (here  1,333        

insert name of school district) school district, the proceeds of                

which shall be used to pay the cost of maintaining the classroom   1,335        

                                                          31     


                                                                 
facilities included in the project, except that in any year the    1,337        

district's three-year average adjusted valuation per pupil is      1,338        

greater than the statewide median three-year average adjusted      1,339        

valuation per pupil, one-half of the proceeds of the tax shall be  1,342        

used for such maintenance and one-half of such proceeds shall be                

paid to the state, at the rate of .......... (HERE INSERT THE      1,343        

NUMBER OF MILLS, WHICH SHALL NOT BE LESS THAN one-half mill)       1,344        

MILLS for each one dollar of valuation?                            1,347        

         _______________________________________________           1,349        

                 FOR THE BOND ISSUE AND TAX LEVY                   1,350        

         _______________________________________________           1,351        

                 AGAINST THE BOND ISSUE AND TAX LEVY               1,352        

         _______________________________________________   "       1,353        

      (D)  If it is necessary for the school district to acquire   1,356        

a site for the classroom facilities to be acquired pursuant to     1,357        

sections 3318.01 to 3318.20 of the Revised Code, the district      1,358        

board may propose either to issue bonds of the board or to levy a  1,359        

tax to pay for the acquisition of such site, and may combine the   1,360        

question of doing so with the questions specified in division (C)               

of this section.  Bonds issued under this division for the         1,361        

purpose of acquiring a site are a general obligation of the        1,362        

school district and are Chapter 133. securities.                   1,363        

      The form of that portion of the ballot to include the        1,365        

question of either issuing bonds or levying a tax for site         1,366        

acquisition purposes shall be one of the following:                1,367        

      (1)  "Shall bonds be issued by the ............ (here        1,370        

insert name of the school district) school district to pay costs   1,371        

of acquiring a site for classroom facilities under the State of    1,372        

Ohio Classroom Facilities Assistance Program in the principal      1,374        

amount of .......... (here insert principal amount of the bond     1,375        

issue), to be repaid annually over a maximum period of ..........               

(here insert maximum number of years over which the principal of   1,377        

the bonds may be paid) years, and an annual levy of property       1,378        

taxes be made outside the ten-mill limitation, estimated by the    1,379        

                                                          32     


                                                                 
county auditor to average over the repayment period of the bond    1,380        

issue .......... (here insert number of mills) mills for each one               

dollar of tax valuation, which amount to .......... (here insert   1,381        

rate expressed in cents or dollars and cents, such as "thirty-six  1,382        

cents" or "$0.36") for each one hundred dollars of valuation to    1,384        

pay the annual debt charges on the bonds and to pay debt charges                

on any notes issued in anticipation of the bonds?"                 1,385        

      (2)  "Shall an additional levy of taxes outside the          1,387        

ten-mill limitation be made for the benefit of the ..........      1,388        

(here insert name of the school district) .......... school        1,389        

district for the purpose of acquiring a site for classroom         1,390        

facilities in the sum of ......... (here insert annual amount the  1,391        

levy is to produce) estimated by the county auditor to average     1,392        

........ (here insert number of mills) mills for each one hundred  1,393        

dollars of valuation, for a period of ......... (here insert       1,395        

number of years the millage is to be imposed) years?"              1,396        

      Where it is necessary to combine the question of issuing     1,398        

bonds of the school district and levying a tax as described in     1,399        

division (C) of this section with the question of issuing bonds    1,400        

of the school district for acquisition of a site, the question     1,401        

specified in division (C) of this section to be voted on shall be  1,402        

"For the Bond Issues and the Tax Levy" and "Against the Bond                    

Issues and the Tax Levy."                                          1,403        

      Where it is necessary to combine the question of issuing     1,405        

bonds of the school district and levying a tax as described in     1,406        

division (C) of this section with the question of levying a tax    1,407        

for the acquisition of a site, the question specified in division  1,408        

(C) of this section to be voted on shall be "For the Bond Issue    1,409        

and the Tax Levies" and "Against the Bond Issue and the Tax                     

Levies."                                                           1,410        

      If a majority of those voting upon a proposition hereunder   1,412        

which includes the question of issuing bonds vote in favor         1,413        

thereof, and if the agreement provided for by section 3318.08 of   1,414        

the Revised Code has been entered into, the school district board  1,415        

                                                          33     


                                                                 
may proceed under Chapter 133. of the Revised Code, with the       1,416        

issuance of bonds or bond anticipation notes in accordance with    1,417        

the terms of the agreement.                                        1,418        

      Sec. 3318.061.  THIS SECTION APPLIES ONLY TO SCHOOL          1,420        

DISTRICTS ELIGIBLE TO RECEIVE ADDITIONAL ASSISTANCE UNDER          1,421        

DIVISION (B)(2) OF SECTION 3318.04 OF THE REVISED CODE AND TO BIG  1,422        

EIGHT DISTRICTS SEGMENTING PROJECTS UNDER SECTION 3318.38 OF THE   1,423        

REVISED CODE.                                                                   

      THE BOARD OF EDUCATION OF A SCHOOL DISTRICT IN WHICH A TAX   1,425        

DESCRIBED BY DIVISION (B) OF SECTION 3318.05 AND LEVIED UNDER      1,426        

SECTION 3318.06 OF THE REVISED CODE IS IN EFFECT, MAY ADOPT A      1,427        

RESOLUTION BY VOTE OF A MAJORITY OF ITS MEMBERS TO EXTEND THE      1,428        

TERM OF THAT TAX BEYOND THE EXPIRATION OF THAT TAX AS ORIGINALLY   1,429        

APPROVED UNDER THAT SECTION.  THE SCHOOL DISTRICT BOARD MAY        1,430        

INCLUDE IN THE RESOLUTION A PROPOSAL TO EXTEND THE TERM OF THAT    1,431        

TAX AT THE RATE OF NOT LESS THAN ONE-HALF MILL FOR EACH DOLLAR OF  1,432        

VALUATION FOR A PERIOD OF TWENTY-THREE YEARS FROM THE YEAR IN      1,433        

WHICH THE SCHOOL DISTRICT BOARD AND THE OHIO SCHOOL FACILITIES     1,434        

COMMISSION ENTER INTO AN AGREEMENT UNDER DIVISION (B)(2) OF        1,435        

SECTION 3318.04 OF THE REVISED CODE OR IN THE FOLLOWING YEAR, AS   1,436        

SPECIFIED IN THE RESOLUTION OR, AS APPLICABLE IN THE CASE OF A     1,437        

DISTRICT SEGMENTING A PROJECT UNDER SECTION 3318.38 OF THE         1,438        

REVISED CODE, FROM THE YEAR IN WHICH THE LAST SEGMENT IS           1,439        

UNDERTAKEN.  SUCH A RESOLUTION MAY BE ADOPTED AT ANY TIME BEFORE   1,440        

SUCH AN AGREEMENT IS ENTERED INTO AND BEFORE THE TAX LEVIED        1,441        

PURSUANT TO SECTION 3318.06 OF THE REVISED CODE EXPIRES.  IF THE   1,442        

RESOLUTION IS COMBINED WITH A RESOLUTION TO ISSUE BONDS TO PAY     1,443        

THE SCHOOL DISTRICT'S PORTION OF THE BASIC PROJECT COST, IT SHALL  1,444        

CONFORM WITH THE REQUIREMENTS OF DIVISIONS (A), (B), AND (C) OF    1,446        

SECTION 3318.06 OF THE REVISED CODE, EXCEPT THAT THE RESOLUTION    1,448        

ALSO SHALL STATE THAT THE TAX LEVY PROPOSED IN THE RESOLUTION IS   1,449        

AN EXTENSION OF AN EXISTING TAX LEVIED UNDER THAT SECTION.  A      1,450        

RESOLUTION PROPOSING AN EXTENSION ADOPTED UNDER THIS SECTION DOES  1,451        

NOT TAKE EFFECT UNTIL IT IS APPROVED BY A MAJORITY OF ELECTORS     1,452        

                                                          34     


                                                                 
VOTING IN FAVOR OF THE RESOLUTION AT A GENERAL, PRIMARY, OR        1,453        

SPECIAL ELECTION AS PROVIDED IN THIS SECTION.                                   

      A TAX LEVY EXTENDED UNDER THIS SECTION IS SUBJECT TO THE     1,455        

SAME TERMS AND LIMITATIONS TO WHICH THE ORIGINAL TAX LEVIED UNDER  1,456        

SECTION 3318.06 OF THE REVISED CODE IS SUBJECT UNDER THAT          1,457        

SECTION, EXCEPT THE TERM OF THE EXTENSION SHALL BE AS SPECIFIED    1,458        

IN THIS SECTION.                                                                

      THE SCHOOL DISTRICT BOARD SHALL CERTIFY A COPY OF THE        1,460        

RESOLUTION ADOPTED UNDER THIS SECTION TO THE PROPER COUNTY BOARD   1,461        

OF ELECTIONS NOT LATER THAN SEVENTY-FIVE DAYS BEFORE THE DATE SET  1,462        

IN THE RESOLUTION AS THE DATE OF THE ELECTION AT WHICH THE         1,463        

QUESTION WILL BE SUBMITTED TO ELECTORS.  THE NOTICE OF THE         1,464        

ELECTION SHALL CONFORM WITH THE REQUIREMENTS OF DIVISION (C) OF    1,465        

SECTION 3318.06 OF THE REVISED CODE, EXCEPT THAT THE NOTICE ALSO   1,466        

SHALL STATE THAT THE MAINTENANCE TAX LEVY IS AN EXTENSION OF AN    1,467        

EXISTING TAX LEVY.                                                 1,468        

      THE FORM OF THE BALLOT SHALL BE AS FOLLOWS:                  1,470        

      "SHALL THE EXISTING TAX LEVIED TO PAY THE COST OF            1,472        

MAINTAINING CLASSROOM FACILITIES CONSTRUCTED WITH THE PROCEEDS OF  1,473        

THE PREVIOUSLY ISSUED BONDS AT THE RATE OF .......... (HERE        1,475        

INSERT THE NUMBER OF MILLS, WHICH SHALL NOT BE LESS THAN ONE-HALF  1,476        

MILL) MILLS PER DOLLAR OF TAX VALUATION, BE EXTENDED UNTIL         1,478        

........ (HERE INSERT THE YEAR THAT IS TWENTY-THREE YEARS AFTER    1,479        

THE YEAR IN WHICH THE DISTRICT AND COMMISSION WILL ENTER INTO AN   1,480        

AGREEMENT UNDER DIVISION (B)(2) OF SECTION 3318.04 OF THE REVISED  1,481        

CODE OR THE FOLLOWING YEAR)?                                                    

         __________________________________________________        1,484        

                 FOR EXTENDING THE EXISTING TAX LEVY               1,485        

         __________________________________________________        1,486        

                 AGAINST EXTENDING THE EXISTING TAX LEVY           1,487        

         __________________________________________________"       1,488        

      SECTION 3318.07 OF THE REVISED CODE APPLIES TO BALLOT        1,491        

QUESTIONS UNDER THIS SECTION.                                      1,492        

      Sec. 3318.08.  If the requisite favorable vote on the        1,501        

                                                          35     


                                                                 
election is obtained, OR IF THE SCHOOL DISTRICT BOARD HAS          1,502        

RESOLVED TO APPLY THE PROCEEDS OF A PROPERTY TAX LEVY OR THE       1,503        

PROCEEDS OF AN INCOME TAX, OR A COMBINATION OF PROCEEDS FROM SUCH  1,504        

TAXES, AS AUTHORIZED IN SECTION 3318.052 OF THE REVISED CODE, the  1,505        

Ohio school facilities commission, upon certification TO IT of     1,507        

EITHER the results of the election to it OR THE RESOLUTION UNDER   1,508        

SECTION 3318.052 OF THE REVISED CODE, shall enter into a written   1,509        

agreement with the school district board for the construction and  1,510        

sale of the project, which agreement shall include, but need not   1,511        

be limited to, the following provisions:                                        

      (A)  The sale and issuance of bonds or notes in              1,513        

anticipation thereof, as soon as practicable after the execution   1,514        

of the agreement, in an amount equal to the school district's      1,516        

portion of the basic project cost, INCLUDING ANY BONDS PREVIOUSLY  1,517        

AUTHORIZED BY THE DISTRICT'S ELECTORS AS DESCRIBED IN SECTION      1,518        

3318.033 OF THE REVISED CODE; provided, that if at that time the   1,519        

county treasurer of each county in which the school district is    1,521        

located has not commenced the collection of taxes on the general   1,522        

duplicate of real and public utility property for the year in      1,523        

which the controlling board approved the project, the school       1,524        

district board shall authorize the issuance of a first             1,525        

installment of bond anticipation notes in an amount specified by   1,526        

the agreement, which amount shall not exceed an amount necessary   1,527        

to raise the net bonded indebtedness of the school district as of  1,528        

the date of the controlling board's approval to within five        1,530        

thousand dollars of the required level of indebtedness for the     1,531        

preceding year.  In the event that a first installment of bond     1,532        

anticipation notes is issued, the school district board shall, as  1,533        

soon as practicable after the county treasurer of each county in   1,534        

which the school district is located has commenced the collection  1,535        

of taxes on the general duplicate of real and public utility       1,536        

property for the year in which the controlling board approved the  1,537        

project, authorize the issuance of a second and final installment  1,539        

of bond anticipation notes or a first and final issue of bonds.    1,540        

                                                          36     


                                                                 
      The combined value of the first and second installment of    1,543        

bond anticipation notes or the value of the first and final issue  1,544        

of bonds shall be equal to the school district's portion of the    1,545        

basic project cost.  The proceeds of any such bonds shall be used  1,546        

first to retire any bond anticipation notes.  Otherwise, the       1,549        

proceeds of such bonds and of any bond anticipation notes, except  1,550        

the premium and accrued interest thereon, shall be deposited in    1,551        

the school district's project construction fund.  In determining   1,552        

the amount of net bonded indebtedness for the purpose of fixing    1,553        

the amount of an issue of either bonds or bond anticipation        1,554        

notes, gross indebtedness shall be reduced by moneys in the bond   1,555        

retirement fund only to the extent of the moneys therein on the    1,556        

first day of the year preceding the year in which the controlling  1,557        

board approved the project.  Should there be a decrease in the     1,559        

tax valuation of the school district so that the amount of         1,560        

indebtedness that can be incurred on the tax duplicates for the    1,562        

year in which the controlling board approved the project is less   1,564        

than the amount of the first installment of bond anticipation      1,565        

notes, there shall be paid from the school district's project      1,566        

construction fund to the school district's bond retirement fund    1,568        

to be applied against such notes an amount sufficient to cause     1,569        

the net bonded indebtedness of the school district, as of the      1,570        

first day of the year following the year in which the controlling  1,571        

board approved the project, to be within five thousand dollars of  1,572        

the required level of indebtedness for the year in which the       1,573        

controlling board approved the project.  The maximum amount of     1,576        

indebtedness to be incurred by any school district board as its    1,577        

share of the cost of the project is either an amount that will     1,578        

cause its net bonded indebtedness, as of the first day of the      1,580        

year following the year in which the controlling board approved    1,581        

the project, to be within five thousand dollars of the required    1,582        

level of indebtedness, or an amount equal to the required          1,585        

percentage of the basic project costs, whichever is greater.  All  1,586        

bonds and bond anticipation notes shall be issued in accordance    1,587        

                                                          37     


                                                                 
with Chapter 133. of the Revised Code, and notes may be renewed    1,588        

as provided in section 133.22 of the Revised Code.                 1,589        

      (B)(1)  The transfer of such funds of the school district    1,591        

board available for the project, together with the proceeds of     1,592        

the sale of the bonds or notes, except premium, accrued interest,  1,593        

and interest included in the amount of the issue, to the school    1,594        

district's project construction fund;                              1,595        

      (2)  IF SECTION 3318.052 OF THE REVISED CODE APPLIES, THE    1,597        

EARMARKING OF THE PROCEEDS OF A TAX LEVIED UNDER SECTION 5705.21   1,598        

OF THE REVISED CODE FOR GENERAL ONGOING PERMANENT IMPROVEMENTS OR  1,599        

THE PROCEEDS OF A SCHOOL DISTRICT INCOME TAX LEVIED UNDER CHAPTER  1,600        

5748. OF THE REVISED CODE, OR THE PROCEEDS FROM A COMBINATION OF   1,601        

THOSE TWO TAXES, IN AN AMOUNT TO PAY ALL OR PART OF THE SERVICE                 

CHARGES ON BONDS ISSUED TO PAY THE SCHOOL DISTRICT PORTION OF THE  1,602        

PROJECT AND AN AMOUNT EQUIVALENT TO ALL OR PART OF THE TAX         1,603        

REQUIRED UNDER DIVISION (B) OF SECTION 3318.05 OF THE REVISED      1,605        

CODE.                                                                           

      (C)  Either IF SECTION 3318.052 OF THE REVISED CODE DOES     1,607        

NOT APPLY, EITHER of the following:                                1,608        

      (1)  The levy of the tax authorized at the election for the  1,610        

payment of maintenance costs or payments to the state, as          1,611        

specified in division (B) of section 3318.05 of the Revised Code;  1,613        

      (2)  If the school district electors have approved a         1,615        

continuing tax of at least two mills for each dollar of valuation  1,616        

for general ongoing permanent improvements under section 5705.21   1,618        

of the Revised Code and that tax can be used for maintenance, the  1,619        

earmarking of an amount of the proceeds from such tax for          1,620        

maintenance of classroom facilities or payments to the state as    1,621        

specified in division (B) of section 3318.05 of the Revised Code.  1,622        

      (D)  Ownership of or interest in the project during the      1,624        

period of construction, which shall be divided between the         1,625        

commission and the school district board in proportion to their    1,627        

respective contributions to the school district's project          1,628        

construction fund;                                                 1,629        

                                                          38     


                                                                 
      (E)  Maintenance of the state's interest in the project      1,632        

until any obligations issued for the project under section         1,633        

3318.26 of the Revised Code are no longer outstanding;             1,634        

      (F)  The insurance of the project by the school district     1,636        

from the time there is an insurable interest therein and so long   1,637        

as the state retains any ownership or interest in the project      1,639        

pursuant to division (D) of this section, in such amounts and      1,642        

against such risks as the commission shall require; provided,      1,644        

that the cost of any required insurance until the project is       1,645        

completed shall be a part of the basic project cost;                            

      (G)  The certification by the director of budget and         1,647        

management that funds are available and have been set aside to     1,648        

meet the state's share of the basic project cost as approved by    1,650        

the controlling board pursuant to section 3318.04 of the Revised   1,651        

Code;                                                                           

      (H)  Authorization of the school district board to           1,653        

advertise for and receive construction bids for the project, for   1,654        

and on behalf of the commission, and to award contracts in the     1,656        

name of the state subject to approval by the commission;           1,657        

      (I)  Provisions for the disbursement of moneys from the      1,659        

school district's project account upon issuance by the commission  1,661        

or the commission's designated representative of vouchers for      1,662        

work done to be certified to the commission by the treasurer of    1,665        

the school district board;                                         1,666        

      (J)  Disposal of any balance left in the school district's   1,668        

project construction fund upon completion of the project;          1,670        

      (K)  Limitations upon use of the project or any part of it   1,672        

so long as any obligations issued to finance the project under     1,674        

section 3318.26 of the Revised Code are outstanding;               1,675        

      (L)  Provision for vesting the state's interest in the       1,677        

project to the school district board when the obligations issued   1,679        

to finance the project under section 3318.26 of the Revised Code   1,680        

are outstanding;                                                                

      (M)  Provision for deposit of an executed copy of the        1,682        

                                                          39     


                                                                 
agreement in the office of the commission;                         1,683        

      (N)  Provision for termination of the contract and release   1,685        

of the funds encumbered at the time of the conditional approval,   1,686        

if the proceeds of the sale of the bonds of the school district    1,687        

board are not paid into the school district's project              1,688        

construction fund and if bids for the construction of the project  1,690        

have not been taken within such period after the execution of the  1,691        

agreement as may be fixed by the commission;                       1,692        

      (O)  Provision for the school district to maintain the       1,694        

project in accordance with a plan approved by the commission;      1,696        

      (P)  Provision that all state funds reserved and encumbered  1,699        

to pay the state share of the cost of the project pursuant to      1,700        

section 3318.03 of the Revised Code be spent on the construction   1,702        

or acquisition of the project prior to the expenditure of any      1,703        

funds provided by the school district to pay for its share of the  1,704        

project cost, unless the school district certifies to the          1,705        

commission that expenditure by the school district is necessary    1,706        

to maintain the tax-exempt status of notes or bonds issued by the               

school district to pay for its share of the project cost in which  1,707        

case, the school district may commit to spend, or spend, a         1,708        

portion of the funds it provides;                                  1,709        

      (Q)  A provision stipulating that the commission may         1,711        

prohibit the district from proceeding with any project if the      1,712        

commission determines that the site is not suitable for            1,713        

construction purposes.  The commission may perform soil tests in   1,714        

its determination of whether a site is appropriate for                          

construction purposes.                                             1,715        

      Sec. 3318.084.  NOTWITHSTANDING ANYTHING TO THE CONTRARY IN  1,717        

CHAPTER 3318. OF THE REVISED CODE, A SCHOOL DISTRICT BOARD MAY     1,719        

APPLY ANY LOCAL DONATED CONTRIBUTION TOWARD THE DISTRICT'S         1,720        

PORTION OF THE BASIC PROJECT COST OF A PROJECT UNDER SECTIONS      1,721        

3318.01 TO 3318.20 OF THE REVISED CODE AND MAY USE SUCH LOCAL      1,722        

DONATED CONTRIBUTION TO REDUCE THE AMOUNT OF BONDS THE DISTRICT    1,723        

OTHERWISE MUST ISSUE IN ORDER TO RECEIVE STATE ASSISTANCE UNDER    1,724        

                                                          40     


                                                                 
THOSE SECTIONS.                                                    1,725        

      AS USED IN THIS SECTION, "LOCAL DONATED CONTRIBUTION" MEANS  1,728        

EITHER OF THE FOLLOWING:                                                        

      (A)  ANY MONEYS IRREVOCABLY DONATED OR GRANTED TO A SCHOOL   1,730        

DISTRICT BOARD BY A SOURCE OTHER THAN THE STATE WHICH THE BOARD    1,732        

HAS THE AUTHORITY TO APPLY TO THE SCHOOL DISTRICT'S PROJECT UNDER  1,733        

SECTIONS 3318.01 TO 3318.20 OF THE REVISED CODE AND WHICH THE      1,734        

BOARD HAS PLEDGED FOR THAT PURPOSE BY RESOLUTION ADOPTED BY A                   

MAJORITY OF ITS MEMBERS;                                           1,735        

      (B)  ANY IRREVOCABLE LETTER OF CREDIT ISSUED ON BEHALF OF A  1,737        

SCHOOL DISTRICT OR ANY CASH A SCHOOL DISTRICT HAS ON HAND,         1,738        

INCLUDING ANY YEAR-END OPERATING FUND BALANCES, THAT CAN BE SPENT  1,739        

FOR CLASSROOM FACILITIES, EITHER OF WHICH THE SCHOOL DISTRICT      1,742        

BOARD HAS ENCUMBERED FOR PAYMENT OF THE SCHOOL DISTRICT'S SHARE    1,743        

OF ITS PROJECT UNDER SECTIONS 3318.01 TO 3318.20 OF THE REVISED    1,744        

CODE AND EITHER OF WHICH HAS BEEN APPROVED BY THE OHIO SCHOOL      1,745        

FACILITIES COMMISSION IN CONSULTATION WITH THE DEPARTMENT OF                    

EDUCATION.                                                         1,746        

      NO STATE MONEYS SHALL BE RELEASED FOR A PROJECT TO WHICH     1,748        

THIS SECTION APPLIES UNTIL ANY DONATED LOCAL CONTRIBUTION          1,749        

AUTHORIZED UNDER THIS SECTION IS FIRST DEPOSITED INTO THE SCHOOL   1,750        

DISTRICT'S PROJECT CONSTRUCTION FUND.                              1,751        

      Sec. 3318.085.  (A)  AS USED IN THIS SECTION, "ELIGIBLE      1,753        

SCHOOL DISTRICT" MEANS A SCHOOL DISTRICT THAT IS ELIGIBLE FOR      1,754        

STATE ASSISTANCE UNDER CHAPTER 3318. OF THE REVISED CODE, AND FOR  1,755        

WHICH THE AMOUNT OF BOND MONEY THAT WILL BE USED TO RAISE THE      1,757        

SCHOOL DISTRICT'S PORTION OF THE BASIC PROJECT COST OF A           1,758        

CLASSROOM FACILITIES PROJECT UNDER THAT CHAPTER IS NOT GREATER     1,759        

THAN TEN MILLION DOLLARS.                                                       

      (B)  NOTWITHSTANDING ANY PROVISION OF THE REVISED CODE TO    1,763        

THE CONTRARY, BEGINNING JANUARY 1, 2001, SOLELY FOR THE PURPOSE                 

OF ACQUIRING CLASSROOM FACILITIES UNDER ANY PROGRAM AUTHORIZED IN  1,765        

CHAPTER 3318. OF THE REVISED CODE, THE BOARDS OF EDUCATION OF TWO  1,767        

OR MORE ELIGIBLE SCHOOL DISTRICTS MAY ENTER INTO AN AGREEMENT      1,769        

                                                          41     


                                                                 
WITH THE TREASURER OF STATE, UNDER WHICH THE TREASURER OF STATE                 

SHALL, PURSUANT TO SECTION 135.143 OF THE REVISED CODE, COMBINE    1,770        

INTO A SINGLE POOL THE BONDS THAT HAVE BEEN APPROVED FOR EACH      1,772        

SCHOOL DISTRICT BY ITS ELECTORS.  ANY BONDS ISSUED UNDER SUCH AN   1,773        

AGREEMENT SHALL BE CHAPTER 133. SECURITIES.  THE LIABILITY OF ANY  1,774        

SCHOOL DISTRICT UNDER THE AGREEMENT SHALL NOT EXCEED THE AMOUNT    1,777        

NECESSARY TO PAY THE PRINCIPAL AND INTEREST ON THAT SCHOOL         1,778        

DISTRICT'S PORTION OF THE COST OF ACQUIRING THE CLASSROOM                       

FACILITIES APPROVED FOR THE SCHOOL DISTRICT UNDER CHAPTER 3318.    1,780        

OF THE REVISED CODE PLUS ITS SHARE OF THE FINANCING COSTS          1,782        

ASSOCIATED WITH THE ISSUANCE OF BONDS UNDER THE AGREEMENT.  THE    1,783        

CUMULATIVE TOTAL INDEBTEDNESS ISSUED FOR ALL SCHOOL DISTRICTS      1,784        

COMBINED UNDER THE AGREEMENT SHALL NOT BE LESS THAN TEN MILLION    1,786        

DOLLARS.  THE AGREEMENT AND ANY BONDS ISSUED IN ACCORDANCE WITH    1,787        

THE AGREEMENT SHALL HOLD THE STATE HARMLESS FOR ANY LIABILITY OR   1,788        

OBLIGATION INCURRED BY A SCHOOL DISTRICT UNDER THE AGREEMENT OR    1,789        

BONDS.  THE TREASURER OF STATE MAY EMPLOY THE SERVICES OF A        1,790        

NEGOTIATING UNDERWRITER FOR NEGOTIATION OF ANY BOND POOL UNDER                  

THIS SECTION.  THE TREASURER OF STATE SHALL NOT ENTER INTO MORE    1,791        

THAN TWO AGREEMENTS UNDER THIS SECTION IN ANY FISCAL YEAR.         1,792        

      Sec. 3318.11.  For any project for which the state's         1,801        

portion of the basic project cost exceeds forty TWENTY-FIVE        1,802        

million dollars, the amount of state appropriations to be          1,804        

encumbered for the project in each fiscal biennium shall be        1,805        

determined by the Ohio school facilities commission based on the   1,806        

project's estimated construction schedule for that biennium.  In   1,807        

each fiscal biennium subsequent to the first biennium in which     1,808        

state appropriations are encumbered for the project, the project   1,809        

has priority for state funds over projects for which initial                    

state funding is sought.                                           1,810        

      Sec. 3318.13.  Notwithstanding any provision of sections     1,819        

5705.27 to 5705.50 of the Revised Code, the tax to be levied on    1,820        

all taxable property within a school district for the purpose of   1,821        

paying the cost of maintaining the classroom facilities included   1,822        

                                                          42     


                                                                 
in the project or for paying the state under the agreement         1,824        

provided in section 3318.08 of the Revised Code or the                          

supplemental agreement provided in section 3318.081 of the         1,825        

Revised Code shall be included in the budget of the school         1,826        

district for each year upon the certification to the county        1,827        

budget commission or commissions of the county or counties in      1,828        

which said school district is located, by the Ohio school          1,829        

facilities commission of the balance due the state under said      1,831        

agreement or supplemental agreement.  Such certification shall be  1,832        

made on or before the fifteenth day of July in each year.          1,833        

Thereafter, the respective county budget commissions shall treat   1,834        

such certification as an additional item on the tax budget for     1,835        

the school district as to which such certification has been made   1,836        

and shall provide for the levy therefor in the manner provided in  1,837        

sections 5705.27 to 5705.50 of the Revised Code for tax levies     1,838        

included directly in the budgets of the subdivisions.              1,839        

      The levy of taxes shall be included in the next annual tax   1,841        

budget that is certified to the county budget commission after     1,842        

the execution of the agreement for the project.                    1,843        

      Sec. 3318.14.  Notwithstanding the provision of section      1,852        

321.31 of the Revised Code, immediately after each settlement      1,853        

with the county auditor, on presentation of the warrant of the     1,854        

county auditor therefor, the county treasurer shall pay to the     1,855        

school district the proceeds of the tax levy provided in section   1,856        

3318.13 of the Revised Code to be used to pay the cost of                       

maintaining the classroom facilities included in the project and   1,858        

pay to the Ohio school facilities commission any proceeds of the   1,860        

tax levy provided in section 3318.13 of the Revised Code to be     1,861        

paid to the state.                                                              

      Sec. 3318.15.  There is hereby created the public school     1,870        

building fund within the state treasury consisting of all moneys   1,871        

received from payments to the state pursuant to division (C) of    1,873        

section 3318.08 of the Revised Code, any moneys transferred or     1,874        

appropriated to the fund by the general assembly, and any grants,  1,875        

                                                          43     


                                                                 
gifts, or contributions received by the Ohio school facilities     1,876        

commission to be used for the purposes of the fund.  All           1,877        

investment earnings of the fund shall be credited to the fund.                  

      Moneys transferred or appropriated to the fund by the        1,879        

general assembly and moneys in the fund from grants, gifts, and    1,880        

contributions shall be used for the purposes of sections 3318.01   1,882        

to 3318.20 of the Revised Code.  The moneys in the fund received   1,883        

from payments to the state pursuant to division (C) of section     1,884        

3318.08 of the Revised Code shall be held in a separate account                 

in the fund.  Such moneys may be used partially for the purposes   1,887        

of sections 3318.01 to 3318.20 of the Revised Code and partially   1,889        

to pay bond service charges as defined in division (C) of section  1,890        

3318.21 of the Revised Code on obligations.                        1,891        

      Sec. 3318.31.  (A)  The Ohio school facilities commission    1,901        

may perform any act and ensure the performance of any function     1,902        

necessary or appropriate to carry out the purposes of, and         1,903        

exercise the powers granted under, sections 3318.01 to 3318.33     1,904        

and section 3318.36 CHAPTER 3318. of the Revised Code, including   1,905        

any of the following:                                              1,907        

      (1)  Employ and fix the compensation of such employees as    1,911        

will facilitate the activities and purposes of the commission,     1,912        

and who shall serve at the pleasure of the commission.                          

      (2)  Adopt, amend, and rescind, pursuant to section 111.15   1,915        

of the Revised Code, rules for the administration of sections      1,917        

3318.01 to 3318.33 and section 3318.36 PROGRAMS AUTHORIZED UNDER   1,918        

CHAPTER 3318. of the Revised Code.                                 1,920        

      (3)  Contract with, retain the services of, or designate,    1,923        

and fix the compensation of, such agents, accountants,             1,924        

consultants, advisers, and other independent contractors as may    1,925        

be necessary or desirable to carry out the purposes of sections    1,926        

3318.01 to 3318.33 and section 3318.36 PROGRAMS AUTHORIZED UNDER   1,927        

CHAPTER 3318. of the Revised Code.                                 1,928        

      (4)  Receive and accept any gifts, grants, donations, and    1,931        

pledges, and receipts therefrom, to be used for the purposes of    1,932        

                                                          44     


                                                                 
sections 3318.01 to 3318.33 and section 3318.36 PROGRAMS           1,933        

AUTHORIZED UNDER CHAPTER 3318. of the Revised Code.                1,934        

      (5)  Make and enter into all contracts, commitments, and     1,937        

agreements, and execute all instruments, necessary or incidental   1,938        

to the performance of its duties and the execution of its rights   1,939        

and powers under sections 3318.01 to 3318.33 and section 3318.36   1,940        

CHAPTER 3318. of the Revised Code.                                 1,942        

      (B)  The attorney general shall serve as the legal           1,945        

representative for the commission and may appoint other counsel                 

as necessary for that purpose in accordance with section 109.07    1,947        

of the Revised Code.                                               1,948        

      Sec. 3318.311.  NOT LESS THAN SIX MONTHS AFTER THE           1,950        

EFFECTIVE DATE OF THIS SECTION, THE OHIO SCHOOL FACILITIES         1,951        

COMMISSION SHALL PRESENT TO THE SPEAKER OF THE HOUSE OF            1,952        

REPRESENTATIVES, THE PRESIDENT OF THE SENATE, AND THE GOVERNOR A   1,953        

PROPOSAL FOR LEGISLATION TO PROVIDE CLASSROOM FACILITIES           1,954        

ASSISTANCE TO JOINT VOCATIONAL SCHOOL DISTRICTS.                   1,955        

      NOT LATER THAN SIX MONTHS AFTER THE EFFECTIVE DATE OF THIS   1,958        

SECTION, THE COMMISSION SHALL ESTABLISH DESIGN SPECIFICATIONS FOR               

CLASSROOM FACILITIES THAT ARE APPROPRIATE FOR JOINT VOCATIONAL     1,960        

EDUCATION PROGRAMS.  THE SPECIFICATIONS SHALL PROVIDE STANDARDS    1,961        

FOR APPROPRIATE PUPIL INSTRUCTION SPACE BUT SHALL NOT INCLUDE      1,962        

STANDARDS FOR ANY VOCATIONAL EDUCATION FURNISHINGS OR EQUIPMENT    1,963        

THAT IS NOT COMPARABLE TO, OR THE VOCATIONAL EDUCATION EQUIVALENT  1,964        

OF, THE FURNISHINGS OR EQUIPMENT FOR WHICH ASSISTANCE IS           1,966        

AVAILABLE TO OTHER SCHOOL DISTRICTS UNDER SECTIONS 3318.01 TO      1,967        

3318.20 OF THE REVISED CODE.                                                    

      Sec. 3318.351.  (A)  AS USED IN THIS SECTION:                1,969        

      (1)  "CLASSROOM FACILITIES" HAS THE SAME MEANING AS IN       1,971        

SECTION 3318.01 OF THE REVISED CODE.                               1,972        

      (2)  "EMERGENCY PROJECT" MEANS RECONSTRUCTION OR RENOVATION  1,974        

OF OR REPAIR TO ANY CLASSROOM FACILITIES MADE NECESSARY BECAUSE    1,975        

OF DAMAGE DUE TO AN ACT OF GOD.                                    1,976        

      (3)  "ELIGIBLE SCHOOL DISTRICT" MEANS ANY SCHOOL DISTRICT    1,978        

                                                          45     


                                                                 
IN THE FIRST THROUGH ONE-HUNDREDTH PERCENTILES AS DETERMINED       1,979        

UNDER SECTION 3318.011 OF THE REVISED CODE.                        1,980        

      (B)(1)  THERE IS HEREBY ESTABLISHED THE SCHOOL BUILDING      1,982        

EMERGENCY ASSISTANCE PROGRAM, UNDER WHICH THE OHIO SCHOOL          1,983        

FACILITIES COMMISSION SHALL DISTRIBUTE GRANTS TO ELIGIBLE SCHOOL   1,984        

DISTRICTS FROM MONEYS SPECIFICALLY APPROPRIATED BY THE GENERAL     1,986        

ASSEMBLY FOR THE PURPOSES OF THIS SECTION TO ASSIST IN EMERGENCY   1,987        

PROJECTS.  ANY ASSISTANCE UNDER THIS SECTION SHALL BE USED TO PAY  1,988        

THE COST OF ONLY THE PORTION OF AN EMERGENCY PROJECT THAT IS NOT   1,989        

COVERED BY INSURANCE OR OTHER PUBLIC OR PRIVATE EMERGENCY          1,990        

ASSISTANCE RECEIVED BY OR PAYABLE TO THE SCHOOL DISTRICT.  ANY     1,991        

DAMAGE TO CLASSROOM FACILITIES CAUSED BY AGE OF THE FACILITIES OR  1,992        

BY LACK OF TIMELY MAINTENANCE TO THE FACILITIES SHALL NOT          1,993        

CONSTITUTE DAMAGE THAT IS SUBJECT TO ASSISTANCE UNDER THIS         1,994        

SECTION.                                                           1,995        

      (2)  THE COMMISSION SHALL ESTABLISH PROCEDURES AND           1,997        

DEADLINES FOR ELIGIBLE SCHOOL DISTRICTS TO FOLLOW IN APPLYING FOR  1,998        

ASSISTANCE UNDER THIS SECTION.  THE COMMISSION SHALL CONSIDER      1,999        

SUCH APPLICATIONS ON A CASE-BY-CASE BASIS TAKING INTO ACCOUNT THE  2,000        

AMOUNT OF MONEYS AVAILABLE UNDER THIS SECTION.                     2,001        

      (3)  EVERY EFFORT SHALL BE MADE TO CONFORM AN EMERGENCY      2,003        

PROJECT TO DESIGN SPECIFICATIONS ADOPTED BY THE COMMISSION,        2,004        

INCLUDING MINIMUM CAPACITY REQUIREMENTS ADOPTED UNDER SECTION      2,005        

3318.03 OF THE REVISED CODE, UNLESS IN THE JUDGMENT OF THE         2,006        

COMMISSION IT IS NOT POSSIBLE TO CONFORM THE PROJECT TO SUCH       2,007        

SPECIFICATIONS.                                                                 

      Sec. 3318.36.  (A)  As used in this section:                 2,017        

      (1)  "Ohio school facilities commission," "classroom         2,019        

facilities," "school district," "school district board," "net      2,020        

bonded indebtedness," "required percentage of the basic project    2,021        

costs," "basic project cost," "valuation," and "percentile" have   2,022        

the same meanings as in section 3318.01 of the Revised Code.       2,023        

      (2)  "Required level of indebtedness" means five per cent    2,025        

of the school district's valuation for the year preceding the      2,026        

                                                          46     


                                                                 
year in which the commission and school district enter into an     2,027        

agreement under division (B) of this section, plus [two            2,028        

one-hundredths of one per cent multiplied by (the percentile in    2,029        

which the district ranks in the fiscal year the commission and     2,030        

the school district enter into such agreement minus one)<.         2,031        

      (3)  "LOCAL RESOURCES" MEANS ANY MONEYS GENERATED IN ANY     2,033        

MANNER PERMITTED FOR A SCHOOL DISTRICT BOARD TO RAISE THE SCHOOL   2,034        

DISTRICT PORTION OF A PROJECT UNDERTAKEN WITH ASSISTANCE UNDER     2,036        

SECTIONS 3318.01 TO 3318.20 OF THE REVISED CODE.                   2,037        

      (B)(1)  There is hereby established the school building      2,039        

assistance expedited local partnership program.  Under the         2,040        

program, the Ohio school facilities commission may enter into an   2,041        

agreement with the school district board of any school district    2,043        

ranked in the twentieth to fortieth percentiles, as determined     2,044        

under section 3318.011 of the Revised Code in the fiscal year      2,045        

that the commission and school district board enter into such      2,047        

agreement.  Under the agreement, UNDER WHICH the school district   2,049        

board may proceed with the new construction or major repairs of a  2,050        

part of the school district's classroom facilities needs, as       2,051        

determined under sections 3318.01 to 3318.20 of the Revised Code,  2,052        

through the expenditure of local resources prior to the school     2,053        

district's eligibility for state assistance under sections         2,054        

3318.01 to 3318.20 of the Revised Code and may apply that          2,055        

expenditure toward meeting the school district's portion of the    2,056        

basic project cost of the total of the school district's           2,058        

classroom facilities needs, as determined under sections 3318.01                

to 3318.20 of the Revised Code and as recalculated under division  2,059        

(E) of this section, that are eligible for state assistance under  2,060        

sections 3318.01 to 3318.20 of the Revised Code when the school    2,061        

district becomes eligible for such state assistance.   ANY SCHOOL  2,063        

DISTRICT THAT IS REASONABLY EXPECTED TO RECEIVE ASSISTANCE UNDER                

SECTIONS 3318.01 TO 3318.20 OF THE REVISED CODE WITHIN TWO FISCAL  2,064        

YEARS FROM THE DATE THE SCHOOL DISTRICT ADOPTS ITS RESOLUTION      2,065        

UNDER DIVISION (B) OF THIS SECTION SHALL NOT BE ELIGIBLE TO        2,066        

                                                          47     


                                                                 
PARTICIPATE IN THE PROGRAM.                                                     

      The commission may enter into an agreement under this        2,068        

section with no more than five school districts each year.         2,069        

      (2)  To participate in the program, a school district board  2,071        

shall first adopt a resolution certifying to the commission the    2,073        

board's intent to participate in the program.                      2,074        

      The commission shall consider school districts for           2,076        

participation in the program under this section each year in the   2,077        

order in which they adopt the resolutions required under this      2,078        

section and submit them to the commission.                                      

      THE RESOLUTION SHALL SPECIFY THE APPROXIMATE DATE THAT THE   2,080        

BOARD INTENDS TO SEEK ELECTOR APPROVAL OF ANY BOND OR TAX          2,081        

MEASURES OR TO APPLY OTHER LOCAL RESOURCES TO USE TO PAY THE COST  2,083        

OF CLASSROOM FACILITIES TO BE CONSTRUCTED UNDER THIS SECTION.      2,084        

THE RESOLUTION SHALL NOT SPECIFY AN ELECTION SOONER THAN TWELVE    2,085        

MONTHS AFTER THE DATE THE RESOLUTION IS ADOPTED BY THE BOARD.      2,086        

THE BOARD SHALL SUBMIT ITS RESOLUTION TO THE COMMISSION NOT LATER  2,087        

THAN TEN DAYS AFTER THE DATE THE RESOLUTION IS ADOPTED BY THE      2,088        

BOARD.                                                                          

      THE COMMISSION SHALL NOT CONSIDER ANY RESOLUTION THAT IS     2,090        

SUBMITTED PURSUANT TO DIVISION (B)(2) OF THIS SECTION, AS AMENDED  2,091        

BY THIS AMENDMENT, SOONER THAN THE EFFECTIVE DATE OF THIS          2,092        

AMENDMENT.                                                                      

      (3)  Any project under this section shall comply with        2,094        

section 3318.03 of the Revised Code and with any specifications    2,095        

for plans and materials for classroom facilities adopted by the    2,096        

commission under section 3318.04 of the Revised Code.              2,097        

      (C)  If the commission and a school district board enter     2,099        

into an agreement authorized under division (B) of this section,   2,100        

the commission shall conduct on-site visits to the school          2,101        

district and shall conduct an assessment of the school district's  2,103        

classroom facilities needs as authorized in section 3318.021 of    2,104        

the Revised Code within six months of the execution of the         2,105        

agreement.  Based on the results of the on-site visits and         2,106        

                                                          48     


                                                                 
assessment CONDUCTED UNDER DIVISION (B)(2) OF THIS SECTION, the    2,107        

commission shall determine the basic project cost of the school    2,108        

district's classroom facilities needs.  The commission shall       2,109        

determine the school district's portion of such basic project      2,110        

cost, which shall be the greater of:                               2,111        

      (1)  The required percentage of the basic project costs,     2,113        

determined based on the school district's percentile ranking in    2,114        

the fiscal year the commission and the school district enter into  2,115        

the agreement under division (B) of this section;                  2,116        

      (2)  An amount necessary to raise the school district's net  2,118        

bonded indebtedness, as of the fiscal year the commission and the  2,119        

school district enter into the agreement under division (B) of     2,120        

this section, to within five thousand dollars of the required      2,121        

level of indebtedness.                                                          

      (D)(1)  When the commission determines the basic project     2,123        

cost of the classroom facilities needs of a school district and    2,124        

the school district's portion of that basic project cost under     2,126        

division (C) of this section, the project shall be conditionally   2,127        

approved.  Such conditional approval shall be submitted to the     2,128        

controlling board for approval thereof.  The controlling board     2,129        

shall forthwith approve or reject the commission's determination,  2,130        

conditional approval, and the amount of the state's portion of     2,131        

the basic project cost; however, no state funds shall be           2,132        

encumbered under this section.  Upon approval by the controlling   2,133        

board, the school district board may identify a discrete part of   2,134        

its classroom facilities needs, which shall include only new       2,135        

construction of or additions or major repairs to a particular      2,136        

building, to address with local resources.  Upon identifying a     2,137        

part of the school district's basic project cost to address with   2,138        

local resources, the school district board may allocate any        2,139        

available school district moneys to pay the cost of that           2,140        

identified part, including the proceeds of an issuance of bonds                 

if approved by the electors of the school district.                2,142        

      All local resources utilized under this division shall       2,144        

                                                          49     


                                                                 
first be deposited in the project construction account required    2,145        

under section 3318.08 of the Revised Code.                         2,146        

      (2)  For UNLESS THE SCHOOL DISTRICT BOARD EXERCISES ITS      2,148        

OPTION UNDER DIVISION (D)(3) OF THIS SECTION, FOR a school         2,149        

district to qualify for participation in the program authorized    2,151        

under this section, the EITHER:                                                 

      (a)  THE electors of the school district by a majority vote  2,154        

shall approve the levy of taxes outside the ten-mill limitation    2,155        

for a period not to exceed OF twenty-three years at the rate of    2,157        

NOT LESS THAN one-half mill for each dollar of valuation to be     2,158        

used to pay the cost of maintaining the classroom facilities       2,159        

included in the basic project cost as determined by the            2,160        

commission.  The form of the ballot to be used to submit the       2,163        

question whether to approve the tax required under this division   2,164        

to the electors of the school district shall be the form for an    2,165        

additional levy of taxes prescribed in division (C) of section     2,166        

3318.06 3318.361 of the Revised Code.  Proceeds of this            2,167        

additional levy of taxes                                           2,168        

      (b)  AS AUTHORIZED UNDER DIVISION (C) OF SECTION 3318.05 OF  2,171        

THE REVISED CODE, THE SCHOOL DISTRICT BOARD SHALL EARMARK FROM     2,173        

THE PROCEEDS OF A PERMANENT IMPROVEMENT TAX LEVIED UNDER SECTION   2,174        

5705.21 OF THE REVISED CODE, AN AMOUNT EQUIVALENT TO THE           2,175        

ADDITIONAL TAX OTHERWISE REQUIRED UNDER DIVISION (D)(2)(a) OF      2,177        

THIS SECTION FOR THE MAINTENANCE OF THE CLASSROOM FACILITIES       2,179        

INCLUDED IN THE BASIC PROJECT COST AS DETERMINED BY THE            2,180        

COMMISSION.                                                                     

      (3)  A SCHOOL DISTRICT BOARD MAY OPT TO DELAY LEVYING THE    2,182        

ADDITIONAL TAX REQUIRED UNDER DIVISION (D)(2)(a) OF THIS SECTION   2,184        

OR EARMARKING OF THE PROCEEDS OF A PERMANENT IMPROVEMENT TAX       2,185        

ALTERNATIVELY REQUIRED UNDER DIVISION (D)(2)(b) OF THIS SECTION    2,187        

UNTIL SUCH TIME AS THE SCHOOL DISTRICT BECOMES ELIGIBLE FOR STATE  2,188        

ASSISTANCE UNDER SECTIONS 3318.01 TO 3318.20 OF THE REVISED CODE.  2,190        

IN ORDER TO EXERCISE ITS OPTION UNDER THIS DIVISION, THE BOARD     2,191        

SHALL CERTIFY TO THE COMMISSION A RESOLUTION INDICATING THE                     

                                                          50     


                                                                 
BOARD'S INTENT TO DO SO PRIOR TO ENTERING INTO AN AGREEMENT UNDER  2,193        

DIVISION (B) OF THIS SECTION.                                                   

      (4)  IF PURSUANT TO DIVISION (D)(3) OF THIS SECTION A        2,195        

DISTRICT BOARD OPTS TO DELAY LEVYING AN ADDITIONAL TAX UNTIL THE   2,197        

DISTRICT BECOMES ELIGIBLE FOR STATE ASSISTANCE, IT SHALL SUBMIT    2,198        

THE QUESTION OF LEVYING THAT TAX TO THE DISTRICT ELECTORS AS       2,199        

FOLLOWS:                                                                        

      (a)  IN ACCORDANCE WITH SECTION 3318.06 OF THE REVISED CODE  2,202        

IF IT WILL ALSO BE NECESSARY PURSUANT TO DIVISION (E) OF THIS      2,203        

SECTION TO SUBMIT A PROPOSAL FOR APPROVAL OF A BOND ISSUE;         2,204        

      (b)  IN ACCORDANCE WITH SECTION 3318.361 OF THE REVISED      2,207        

CODE IF IT IS NOT NECESSARY TO ALSO SUBMIT A PROPOSAL FOR          2,208        

APPROVAL OF A BOND ISSUE PURSUANT TO DIVISION (E) OF THIS          2,209        

SECTION.                                                                        

      (5)  NO STATE ASSISTANCE UNDER SECTIONS 3318.01 TO 3318.20   2,213        

OF THE REVISED CODE SHALL BE RELEASED UNTIL A SCHOOL DISTRICT      2,214        

BOARD THAT ADOPTS AND CERTIFIES A RESOLUTION UNDER THIS DIVISION   2,215        

EITHER HAS LEVIED THE ADDITIONAL TAX OR HAS EARMARKED THE          2,216        

PROCEEDS OF A TAX AS SPECIFIED IN DIVISION (D) OF THIS SECTION.    2,217        

      ANY AMOUNT REQUIRED FOR MAINTENANCE UNDER DIVISION (D)(2)    2,219        

OF THIS SECTION shall be deposited into a separate fund as         2,221        

specified in division (B) of section 3318.05 of the Revised Code.  2,222        

      (E)(1)  If the school district becomes eligible for state    2,224        

assistance under sections 3318.01 to 3318.20 of the Revised Code   2,226        

based on its percentile ranking as determined under division (B)   2,227        

of this section, the commission shall conduct a new assessment of  2,228        

the school district's classroom facilities needs and shall         2,229        

recalculate the basic project cost based on this new assessment.   2,230        

The basic project cost recalculated under this division shall      2,231        

include the amount of expenditures made by the school district     2,232        

board under division (D)(1) of this section.  The commission                    

shall then recalculate the school district's portion of the new    2,233        

basic project cost by utilizing, WHICH SHALL BE the proportion     2,234        

PERCENTAGE of the original basic project cost assigned to the      2,237        

                                                          51     


                                                                 
school district as its portion under division (C) of this                       

section.  The commission shall deduct the expenditure of school    2,238        

district moneys made under division (D)(1) of this section from    2,240        

the school district's portion of the basic project cost as                      

recalculated under this division.  If the amount of school         2,242        

district resources applied by the school district board to the                  

school district's portion of the basic project cost under this     2,244        

section is less than the total amount of such portion as           2,245        

recalculated under this division, the school district board by a   2,246        

majority vote of all of its members shall, if it desires to seek   2,247        

state assistance under sections 3318.01 to 3318.20 of the Revised  2,248        

Code, adopt a resolution as specified in section 3318.06 of the    2,249        

Revised Code to submit to the electors of the school district the  2,250        

question of approval of a bond issue in order to pay any           2,251        

additional amount of school district portion required for state    2,252        

assistance.  The ANY tax levy approved under division (D)(2) of    2,254        

this section shall satisfy SATISFIES the requirements to levy the  2,255        

one-half mill additional tax under section 3318.06 of the Revised  2,256        

Code.                                                                           

      (2)  If the amount of school district resources applied by   2,258        

the school district board to the school district's portion of the  2,259        

basic project cost under this section is more than the total       2,260        

amount of such portion as recalculated under this division,        2,261        

WITHIN ONE YEAR AFTER THE SCHOOL DISTRICT'S PORTION IS             2,262        

RECALCULATED UNDER DIVISION (E)(1) OF THIS SECTION the commission  2,263        

may reimburse GRANT to the school district the difference between  2,264        

the two calculated portions, but at no time shall the commission   2,266        

expend any state funds on a project in an amount greater than the  2,267        

state's portion of the basic project cost as recalculated under    2,268        

this division.                                                     2,269        

      ANY REIMBURSEMENT UNDER THIS DIVISION SHALL BE ONLY FOR      2,271        

LOCAL RESOURCES THE SCHOOL DISTRICT HAS APPLIED TOWARD             2,272        

CONSTRUCTION COST EXPENDITURES FOR THE CLASSROOM FACILITIES        2,273        

APPROVED BY THE COMMISSION, WHICH SHALL NOT INCLUDE ANY FINANCING  2,274        

                                                          52     


                                                                 
COSTS ASSOCIATED WITH THAT CONSTRUCTION.                           2,275        

      THE SCHOOL DISTRICT BOARD SHALL USE ANY MONEYS REIMBURSED    2,277        

TO THE DISTRICT UNDER THIS DIVISION TO PAY OFF ANY DEBT SERVICE    2,278        

THE DISTRICT OWES FOR CLASSROOM FACILITIES CONSTRUCTED UNDER ITS   2,279        

PROJECT UNDER THIS SECTION BEFORE SUCH MONEYS ARE APPLIED TO ANY   2,280        

OTHER PURPOSE.                                                                  

      Sec. 3318.361.  A SCHOOL DISTRICT BOARD OPTING TO QUALIFY    2,282        

FOR STATE ASSISTANCE PURSUANT TO SECTION 3318.36 OF THE REVISED    2,284        

CODE THROUGH LEVYING THE TAX SPECIFIED IN DIVISION (D)(2)(a) OR    2,287        

(D)(4) OF THAT SECTION SHALL DECLARE BY RESOLUTION THAT THE        2,289        

QUESTION OF A TAX LEVY SPECIFIED IN DIVISION (D)(2)(a) OR (4), AS  2,290        

APPLICABLE, OF SECTION 3318.36 OF THE REVISED CODE SHALL BE        2,291        

SUBMITTED TO THE ELECTORS OF THE SCHOOL DISTRICT AT THE NEXT       2,293        

GENERAL OR PRIMARY ELECTION, IF THERE BE A GENERAL OR PRIMARY      2,294        

ELECTION NOT LESS THAN SEVENTY-FIVE AND NOT MORE THAN NINETY-FIVE  2,295        

DAYS AFTER THE DAY OF THE ADOPTION OF SUCH RESOLUTION OR, IF NOT,  2,296        

AT A SPECIAL ELECTION TO BE HELD AT A TIME SPECIFIED IN THE        2,297        

RESOLUTION WHICH SHALL BE NOT LESS THAN SEVENTY-FIVE DAYS AFTER    2,298        

THE DAY OF THE ADOPTION OF THE RESOLUTION AND WHICH SHALL BE IN    2,299        

ACCORDANCE WITH THE REQUIREMENTS OF SECTION 3501.01 OF THE         2,300        

REVISED CODE.  SUCH RESOLUTION SHALL SPECIFY BOTH OF THE           2,301        

FOLLOWING:                                                                      

      (A)  THAT THE RATE WHICH IT IS NECESSARY TO LEVY SHALL BE    2,303        

AT THE RATE OF NOT LESS THAN ONE-HALF MILL FOR EACH ONE DOLLAR OF  2,304        

VALUATION, AND THAT SUCH TAX SHALL BE LEVIED FOR A PERIOD OF       2,307        

TWENTY-THREE YEARS;                                                             

      (B)  THAT THE PROCEEDS OF THE TAX SHALL BE USED TO PAY THE   2,309        

COST OF MAINTAINING THE CLASSROOM FACILITIES INCLUDED IN THE       2,310        

PROJECT.                                                                        

      A COPY OF SUCH RESOLUTION SHALL AFTER ITS PASSAGE AND NOT    2,312        

LESS THAN SEVENTY-FIVE DAYS PRIOR TO THE DATE SET THEREIN FOR THE  2,313        

ELECTION BE CERTIFIED TO THE COUNTY BOARD OF ELECTIONS.            2,314        

      NOTICE OF THE ELECTION SHALL INCLUDE THE FACT THAT THE TAX   2,316        

LEVY SHALL BE AT THE RATE OF NOT LESS THAN ONE-HALF MILL FOR EACH  2,317        

                                                          53     


                                                                 
ONE DOLLAR OF VALUATION FOR A PERIOD OF TWENTY-THREE YEARS, AND    2,320        

THAT THE PROCEEDS OF THE TAX SHALL BE USED TO PAY THE COST OF      2,321        

MAINTAINING THE CLASSROOM FACILITIES INCLUDED IN THE PROJECT.      2,322        

      THE FORM OF THE BALLOT TO BE USED AT SUCH ELECTION SHALL     2,324        

BE:                                                                2,325        

      "SHALL A LEVY OF TAXES BE MADE FOR A PERIOD OF TWENTY-THREE  2,328        

YEARS TO BENEFIT THE ............ (HERE INSERT NAME OF SCHOOL      2,329        

DISTRICT) SCHOOL DISTRICT, THE PROCEEDS OF WHICH SHALL BE USED TO  2,330        

PAY THE COST OF MAINTAINING THE CLASSROOM FACILITIES INCLUDED IN   2,331        

THE PROJECT AT THE RATE OF .......... (HERE INSERT THE NUMBER OF   2,332        

MILLS, WHICH SHALL NOT BE LESS THAN ONE-HALF MILL) MILLS FOR EACH  2,334        

ONE DOLLAR OF VALUATION?                                           2,335        

         _______________________________________________           2,337        

                 FOR THE TAX LEVY                                  2,338        

         _______________________________________________           2,339        

                 AGAINST THE TAX LEVY                              2,340        

         _______________________________________________   "       2,341        

      Sec. 3318.362.  THIS SECTION APPLIES ONLY TO A SCHOOL        2,344        

DISTRICT THAT PARTICIPATES IN THE SCHOOL BUILDING ASSISTANCE       2,345        

EXPEDITED LOCAL PARTNERSHIP PROGRAM UNDER SECTION 3318.36 OF THE   2,346        

REVISED CODE.                                                      2,347        

      NOTWITHSTANDING THE TWENTY-THREE YEAR MAXIMUM MATURITY FOR   2,349        

BONDS PROPOSED TO BE ISSUED BY A SCHOOL DISTRICT BOARD FOR A       2,350        

CLASSROOM FACILITIES PROJECT PURSUANT TO DIVISION (C) OF SECTION   2,351        

3318.06 OF THE REVISED CODE, A SCHOOL DISTRICT BOARD THAT ENTERS   2,352        

INTO AN AGREEMENT WITH THE OHIO SCHOOL FACILITIES COMMISSION       2,354        

UNDER DIVISION (B) OF SECTION 3318.36 OF THE REVISED CODE MAY      2,356        

PROPOSE FOR ISSUANCE ANY BONDS NECESSARY FOR ITS PARTICIPATION IN  2,357        

THE PROGRAM UNDER SECTION 3318.36 OF THE REVISED CODE FOR A TERM   2,358        

LONGER THAN TWENTY-THREE YEARS BUT NOT TO EXCEED THE TERM          2,359        

CALCULATED PURSUANT TO SECTION 133.20 OF THE REVISED CODE.  ANY    2,360        

MONEYS RECEIVED FROM THE STATE UNDER DIVISION (E)(2) OF SECTION    2,361        

3318.36 OF THE REVISED CODE SHALL BE APPLIED, AS AGREED IN         2,363        

WRITING BY THE SCHOOL DISTRICT BOARD AND THE COMMISSION, TO PAY                 

                                                          54     


                                                                 
DEBT SERVICE ON OUTSTANDING BONDS OR BOND ANTICIPATION NOTES       2,365        

ISSUED BY THE SCHOOL DISTRICT BOARD FOR ITS PARTICIPATION IN THE   2,366        

EXPEDITED LOCAL PARTNERSHIP PROGRAM, INCLUDING BY PLACING THOSE    2,367        

MONEYS IN AN APPLICABLE ESCROW FUND UNDER DIVISION (D) OF SECTION  2,368        

133.34 OF THE REVISED CODE.                                        2,369        

      Sec. 3318.37.  (A)  AS USED IN THIS SECTION:                 2,371        

      (1)  "LOW WEALTH SCHOOL DISTRICT" MEANS A SCHOOL DISTRICT    2,373        

IN THE FIRST THROUGH FIFTIETH PERCENTILES AS DETERMINED UNDER      2,374        

SECTION 3318.011 OF THE REVISED CODE.                              2,375        

      (2)  A "SCHOOL DISTRICT WITH AN EXCEPTIONAL NEED FOR         2,377        

IMMEDIATE CLASSROOM FACILITIES ASSISTANCE" MEANS A LOW WEALTH      2,378        

SCHOOL DISTRICT WITH AN EXCEPTIONAL NEED FOR NEW FACILITIES IN     2,380        

ORDER TO PROTECT THE HEALTH AND SAFETY OF ALL OR A PORTION OF ITS  2,381        

STUDENTS.  SCHOOL DISTRICTS REASONABLY EXPECTED TO BE ELIGIBLE     2,382        

FOR STATE ASSISTANCE UNDER SECTIONS 3318.01 TO 3318.20 OF THE                   

REVISED CODE WITHIN THREE FISCAL YEARS AFTER ASSISTANCE UNDER      2,383        

THIS SECTION IS BEING CONSIDERED BY THE OHIO SCHOOL FACILITIES     2,384        

COMMISSION, AND SCHOOL DISTRICTS THAT PARTICIPATE IN THE SCHOOL    2,386        

BUILDING ASSISTANCE EXPEDITED LOCAL PARTNERSHIP PROGRAM UNDER      2,387        

SECTION 3318.36 OF THE REVISED CODE SHALL NOT BE ELIGIBLE FOR      2,389        

ASSISTANCE UNDER THIS SECTION.                                     2,390        

      (B)(1)  THERE IS HEREBY ESTABLISHED THE EXCEPTIONAL NEEDS    2,392        

SCHOOL FACILITIES ASSISTANCE PROGRAM.  UNDER THE PROGRAM, THE      2,393        

OHIO SCHOOL FACILITIES COMMISSION MAY SET ASIDE FROM THE MONEYS    2,394        

ANNUALLY APPROPRIATED TO IT FOR CLASSROOM FACILITIES ASSISTANCE    2,396        

PROJECTS UP TO TWENTY-FIVE PER CENT FOR ASSISTANCE TO SCHOOL       2,397        

DISTRICTS WITH EXCEPTIONAL NEEDS FOR IMMEDIATE CLASSROOM           2,398        

FACILITIES ASSISTANCE.                                                          

      (2)(a)  AFTER CONSULTING WITH EDUCATION AND CONSTRUCTION     2,400        

EXPERTS, THE COMMISSION SHALL ADOPT GUIDELINES FOR IDENTIFYING     2,402        

SCHOOL DISTRICTS WITH AN EXCEPTIONAL NEED FOR IMMEDIATE CLASSROOM  2,404        

FACILITIES ASSISTANCE.                                                          

      (b)  THE GUIDELINES SHALL INCLUDE APPLICATION FORMS AND      2,406        

INSTRUCTIONS FOR SCHOOL DISTRICTS THAT BELIEVE THEY HAVE AN        2,408        

                                                          55     


                                                                 
EXCEPTIONAL NEED FOR IMMEDIATE CLASSROOM FACILITIES ASSISTANCE.    2,409        

      (3)  THE COMMISSION SHALL EVALUATE THE CLASSROOM             2,411        

FACILITIES, AND THE NEED FOR REPLACEMENT CLASSROOM FACILITIES      2,412        

FROM THE APPLICATIONS RECEIVED UNDER THIS SECTION.  THE            2,413        

COMMISSION, UTILIZING THE GUIDELINES ADOPTED UNDER DIVISION        2,414        

(B)(2)(a) OF THIS SECTION, SHALL PRIORITIZE THE SCHOOL DISTRICTS   2,417        

TO BE ASSESSED.                                                                 

      NOTWITHSTANDING SECTION 3318.02 OF THE REVISED CODE, THE     2,419        

COMMISSION MAY CONDUCT ON-SITE EVALUATION OF THE SCHOOL DISTRICTS  2,421        

PRIORITIZED UNDER THIS SECTION AND APPROVE AND AWARD FUNDS UNTIL                

SUCH TIME AS ALL FUNDS SET ASIDE UNDER DIVISION (B)(1) OF THIS     2,423        

SECTION HAVE BEEN ENCUMBERED UNDER SECTION 3318.04 OF THE REVISED  2,425        

CODE.                                                                           

      (4)  NOTWITHSTANDING DIVISION (A) OF SECTION 3318.05 OF THE  2,428        

REVISED CODE, THE SCHOOL DISTRICT'S PORTION OF THE BASIC PROJECT   2,430        

COST UNDER THIS SECTION SHALL BE THE "REQUIRED PERCENTAGE OF THE   2,431        

BASIC PROJECT COSTS," AS DEFINED IN DIVISION (K) OF SECTION        2,432        

3318.01 OF THE REVISED CODE.                                       2,433        

      (5)  EXCEPT AS OTHERWISE SPECIFIED IN THIS SECTION, ANY      2,435        

PROJECT UNDERTAKEN WITH ASSISTANCE UNDER THIS SECTION SHALL        2,436        

COMPLY WITH ALL PROVISIONS OF SECTIONS 3318.01 TO 3318.20 OF THE   2,437        

REVISED CODE.  A SCHOOL DISTRICT MAY RECEIVE ASSISTANCE UNDER      2,439        

SECTIONS 3318.01 TO 3318.20 OF THE REVISED CODE FOR THE REMAINDER  2,440        

OF THE DISTRICT'S CLASSROOM FACILITIES NEEDS AS ASSESSED UNDER     2,441        

THIS SECTION WHEN THE DISTRICT IS ELIGIBLE FOR SUCH ASSISTANCE     2,442        

PURSUANT TO SECTION 3318.02 OF THE REVISED CODE, BUT ANY           2,443        

CLASSROOM FACILITY CONSTRUCTED WITH ASSISTANCE UNDER THIS SECTION  2,444        

SHALL NOT BE INCLUDED IN A DISTRICT'S PROJECT AT THAT TIME UNLESS  2,445        

THE COMMISSION DETERMINES THE DISTRICT HAS EXPERIENCED THE         2,446        

INCREASED ENROLLMENT SPECIFIED IN DIVISION (B)(1) OF SECTION       2,447        

3318.04 OF THE REVISED CODE.                                                    

      Sec. 3318.38.  (A)  AS USED IN THIS SECTION, "BIG-EIGHT      2,449        

SCHOOL DISTRICT" HAS THE SAME MEANING AS IN SECTION 3314.02 OF     2,450        

THE REVISED CODE.                                                  2,451        

                                                          56     


                                                                 
      (B)  THERE IS HEREBY ESTABLISHED THE ACCELERATED URBAN       2,453        

SCHOOL BUILDING ASSISTANCE PROGRAM.  UNDER THE PROGRAM,            2,454        

NOTWITHSTANDING SECTION 3318.02 OF THE REVISED CODE, ANY           2,455        

BIG-EIGHT SCHOOL DISTRICT THAT HAS NOT BEEN APPROVED TO RECEIVE    2,456        

ASSISTANCE UNDER SECTIONS 3318.01 TO 3318.20 OF THE REVISED CODE   2,457        

BY JULY 1, 2002, MAY BEGINNING ON THAT DATE APPLY FOR APPROVAL OF  2,458        

AND BE APPROVED FOR SUCH ASSISTANCE.  EXCEPT AS OTHERWISE          2,459        

PROVIDED IN THIS SECTION, ANY PROJECT APPROVED AND UNDERTAKEN      2,461        

PURSUANT TO THIS SECTION SHALL COMPLY WITH ALL PROVISIONS OF                    

SECTIONS 3318.01 TO 3318.20 OF THE REVISED CODE.                   2,462        

      THE OHIO SCHOOL FACILITIES COMMISSION SHALL PROVIDE          2,464        

ASSISTANCE TO ANY BIG-EIGHT SCHOOL DISTRICT ELIGIBLE FOR           2,465        

ASSISTANCE UNDER THIS SECTION IN THE FOLLOWING MANNER:             2,466        

      (1)  NOTWITHSTANDING SECTION 3318.02 OF THE REVISED CODE:    2,469        

      (a)  NOT LATER THAN JUNE 30, 2002, THE COMMISSION SHALL      2,472        

CONDUCT AN ON-SITE VISIT AND SHALL ASSESS THE CLASSROOM            2,473        

FACILITIES NEEDS OF EACH BIG-EIGHT SCHOOL DISTRICT ELIGIBLE FOR                 

ASSISTANCE UNDER THIS SECTION;                                     2,474        

      (b)  BEGINNING JULY 1, 2002, ANY BIG-EIGHT SCHOOL DISTRICT   2,477        

ELIGIBLE FOR ASSISTANCE UNDER THIS SECTION MAY APPLY TO THE        2,478        

COMMISSION FOR CONDITIONAL APPROVAL OF ITS PROJECT AS DETERMINED   2,479        

BY THE ASSESSMENT CONDUCTED UNDER DIVISION (B)(1)(a) OF THIS       2,480        

SECTION.  THE COMMISSION MAY CONDITIONALLY APPROVE THAT PROJECT    2,482        

AND SUBMIT IT TO THE CONTROLLING BOARD FOR APPROVAL PURSUANT TO    2,483        

SECTION 3318.04 OF THE REVISED CODE.                               2,484        

      (2)  IF THE CONTROLLING BOARD APPROVES THE PROJECT OF A      2,486        

BIG-EIGHT SCHOOL DISTRICT ELIGIBLE FOR ASSISTANCE UNDER THIS       2,487        

SECTION, THE COMMISSION AND THE SCHOOL DISTRICT SHALL ENTER INTO   2,488        

AN AGREEMENT AS PRESCRIBED IN SECTION 3318.08 OF THE REVISED       2,489        

CODE.  ANY AGREEMENT EXECUTED PURSUANT TO THIS DIVISION SHALL      2,491        

INCLUDE ANY APPLICABLE SEGMENTATION PROVISIONS AS APPROVED BY THE  2,492        

COMMISSION UNDER DIVISION (B)(3) OF THIS SECTION.                  2,493        

      (3)  NOTWITHSTANDING ANY PROVISION TO THE CONTRARY IN        2,495        

SECTIONS 3318.05, 3318.06, AND 3318.08 OF THE REVISED CODE, A      2,496        

                                                          57     


                                                                 
BIG-EIGHT SCHOOL DISTRICT ELIGIBLE FOR ASSISTANCE UNDER THIS       2,498        

SECTION MAY WITH THE APPROVAL OF THE COMMISSION OPT TO DIVIDE THE  2,499        

PROJECT AS APPROVED UNDER DIVISION (B)(1)(b) OF THIS SECTION INTO  2,500        

DISCRETE SEGMENTS TO BE COMPLETED SEQUENTIALLY.  ANY PROJECT       2,502        

DIVIDED INTO SEGMENTS SHALL COMPLY WITH ALL OTHER PROVISIONS OF    2,503        

SECTIONS 3318.05, 3318.06, AND 3318.08 OF THE REVISED CODE EXCEPT  2,505        

AS OTHERWISE SPECIFIED IN THIS DIVISION.                                        

      IF A PROJECT IS DIVIDED INTO SEGMENTS UNDER THIS DIVISION:   2,507        

      (a)  THE SCHOOL DISTRICT NEED RAISE ONLY THE AMOUNT EQUAL    2,509        

TO ITS PROPORTIONATE SHARE, AS DETERMINED UNDER SECTION 3318.032   2,510        

OF THE REVISED CODE, OF EACH SEGMENT AT ANY ONE TIME AND MAY SEEK  2,512        

VOTER APPROVAL OF EACH SEGMENT SEPARATELY;                                      

      (b)  THE STATE'S PROPORTIONATE SHARE, AS DETERMINED UNDER    2,514        

SECTION 3318.032 OF THE REVISED CODE, OF ONLY THE SEGMENT WHICH    2,515        

HAS BEEN APPROVED BY THE SCHOOL DISTRICT ELECTORS OR FOR WHICH     2,517        

THE DISTRICT HAS APPLIED A LOCAL DONATED CONTRIBUTION UNDER        2,518        

SECTION 3318.084 OF THE REVISED CODE SHALL BE ENCUMBERED AT ANY    2,520        

ONE TIME.  ENCUMBRANCE OF ADDITIONAL AMOUNTS TO COVER THE STATE'S  2,521        

PROPORTIONATE SHARE OF LATER SEGMENTS SHALL BE APPROVED                         

SEPARATELY AS THEY ARE APPROVED BY THE SCHOOL DISTRICT ELECTORS    2,522        

OR AS THE DISSTRICT APPLIES A LOCAL DONATED CONTRIBUTION TO THE    2,523        

SEGMENTS UNDER SECTION 3318.084 OF THE REVISED CODE.  IF THE       2,524        

STATE'S SHARE OF ANY ONE SEGMENT EXCEEDS TWENTY-FIVE MILLION       2,525        

DOLLARS, ENCUMBRANCE OF THAT SHARE IS SUBJECT TO THE PROVISIONS    2,526        

OF SECTION 3318.11 OF THE REVISED CODE.                            2,527        

      (c)  IF IT IS NECESSARY TO LEVY THE ADDITIONAL TAX FOR       2,529        

MAINTENANCE  UNDER DIVISION (B) OF SECTION 3318.05 OF THE REVISED  2,532        

CODE WITH RESPECT TO ANY SEGMENT OF THE PROJECT, THE DISTRICT MAY  2,533        

UTILIZE THE PROVISIONS OF SECTION 3318.061 OF THE REVISED CODE TO  2,534        

ENSURE THAT THE MAINTENANCE TAX EXTENDS FOR TWENTY-THREE YEARS     2,537        

AFTER THE LAST SEGMENT OF THE PROJECT IS UNDERTAKEN.                            

      Section 2.  That existing sections 133.06, 135.143,          2,539        

3318.01, 3318.011, 3318.021, 3318.03, 3318.032, 3318.04, 3318.05,  2,542        

3318.06, 3318.08, 3318.11, 3318.13, 3318.14, 3318.15, 3318.31,     2,543        

                                                          58     


                                                                 
and 3318.36 and section 3318.18 of the Revised Code are hereby     2,544        

repealed.                                                                       

      Section 3.  The board of education of any school district    2,546        

whose electors have approved a bond issue or tax levy for the      2,547        

construction of or additions or major repair to a classroom        2,548        

facility within eighteen months prior to the effective date of     2,549        

this section may apply the expenditures of the proceeds from such  2,550        

bond issue or tax levy as local resources for purposes of the      2,551        

district's participation in the School Building Assistance         2,552        

Expedited Local Partnership Program under section 3318.36 of the   2,553        

Revised Code, as long as the actual construction or repair work    2,554        

authorized under the bond issue or tax levy has not commenced      2,555        

prior to the execution of the agreement between the Ohio School    2,556        

Facilities Commission and the school district board under section  2,558        

3318.36 of the Revised Code and the design of the project          2,559        

authorized by the bond issue or tax levy complies with             2,560        

specifications of the Commission as required under division        2,561        

(B)(3) of section 3318.36 of the Revised Code.                                  

      Section 4.  In fiscal year 2001 only, with the approval of   2,563        

the Controlling Board, the Ohio School Facilities Commission may   2,564        

limit to not less than fifty-five school districts the number of   2,565        

school districts with which the Commission will enter into         2,566        

agreements under the School Building Assistance Expedited Local    2,567        

Partnership Program pursuant to section 3318.36 of the Revised     2,568        

Code, as amended by this act.  The Commission shall adopt          2,569        

reasonable guidelines to determine the school districts with       2,570        

which it will enter into agreements under that section in the      2,571        

event that it limits the number of such school districts pursuant  2,573        

to this section and more than the specified number of school       2,574        

districts apply for participation in the program in that fiscal    2,575        

year.                                                                           

      Section 5.  Notwithstanding the limitation on additional     2,577        

assistance to five school districts per year as prescribed in      2,578        

division (B)(2) of section 3318.04 of the Revised Code as amended  2,579        

                                                          59     


                                                                 
by this act, in fiscal years 2001 and 2002, the Ohio School        2,580        

Facilities Commission may at its discretion provide such           2,581        

additional assistance to more than five districts in any fiscal    2,582        

year, provided any additional district receiving such assistance   2,583        

had approved a tax levy under section 3318.06 of the Revised Code  2,584        

at least ten years prior to the effective date of this section     2,585        

and is located in a percentile that has received assistance under  2,586        

sections 3318.01 to 3318.20 of the Revised Code since May 20,      2,587        

1997, and if the Commission determines that it is necessary in     2,588        

the interest of fairness to provide additional assistance to the   2,589        

district because otherwise the district would be required to wait  2,590        

more than ten years after its previous levy was approved to be     2,591        

considered for additional assistance.                              2,592        

      Section 6.  Any school district whose agreement with the     2,594        

Ohio School Facilities Commission requires that the school         2,595        

district make payments to the state in an amount of one-half the   2,596        

proceeds of the tax required under division (B) of section         2,597        

3318.05 of the Revised Code in any year that the district's        2,598        

adjusted valuation per pupil is above the statewide median         2,599        

adjusted valuation per pupil shall not be required to make any     2,600        

such payments to the state in any years after the effective date   2,601        

of this act.                                                                    

      Section 7.  That Sections 10 and 10.02 of Am. Sub. H.B. 282  2,603        

of the 123rd General Assembly be amended to read as follows:       2,605        

      "Sec. 10.  SFC  SCHOOL FACILITIES COMMISSION                 2,607        

General Revenue Fund                                               2,609        

GRF 230-428 Lease Rental Payments $   55,400,000 $   70,300,000    2,614        

TOTAL GRF General Revenue Fund    $   55,400,000 $   70,300,000    2,617        

State Special Revenue Fund Group                                   2,620        

5E3 230-644 Operating Expenses    $    2,609,726 $    2,738,277    2,625        

                                                      5,228,277    2,626        

TOTAL SSR State Special Revenue                                    2,627        

   Fund Group                     $    2,609,726 $    2,738,277    2,630        

                                                      5,228,277    2,631        

                                                          60     


                                                                 
TOTAL ALL BUDGET FUND GROUPS      $   58,009,726 $   73,038,277    2,634        

                                                     75,528,277    2,635        

      Lease Rental Payments                                        2,638        

      The foregoing appropriation item 230-428, Lease Rental       2,640        

Payments, shall be used by the School Facilities Commission to     2,641        

pay bond service charges on obligations issued pursuant to         2,642        

Chapter 3318. of the Revised Code.                                              

      Operating Expenses                                           2,644        

      The foregoing appropriation item 230-644, Operating          2,646        

Expenses, shall be used by the Ohio School Facilities Commission   2,647        

to carry out its responsibilities pursuant to this section and     2,648        

Chapter 3318. of the Revised Code.                                 2,649        

      Within ten days after the effective date of this section,    2,651        

or as soon as possible thereafter, the Executive Director of the   2,652        

Ohio School Facilities Commission shall certify to the Director    2,653        

of Budget and Management the amount of cash to be transferred      2,654        

from the School Building Assistance Fund (Fund 032) or the Public  2,655        

School Building Fund (Fund 021) to the Ohio School Facilities                   

Commission Fund (Fund 5E3).                                        2,656        

      By July 10, 2000, the Executive Director of the Ohio School  2,658        

Facilities Commission shall certify to the Director of Budget and  2,659        

Management the amount of cash to be transferred from the School    2,660        

Building Assistance Fund (Fund 032) or the Public School Building  2,661        

Fund (Fund 021) to the Ohio School Facilities Commission Fund      2,662        

(Fund 5E3).                                                                     

      Prior Year Encumbrances                                      2,664        

      At the request of the Director of the Ohio School            2,666        

Facilities Commission, the Director of Budget and Management may   2,667        

cancel encumbrances from fiscal years 1998 and 1999 in CAP-770,    2,668        

School Building Program Assistance, and reestablish such           2,669        

encumbrances or parts of encumbrances to CAP-622, Public School                 

Buildings, for fiscal years 2000 and 2001.  Appropriations to      2,670        

CAP-622 shall not be increased as a result of reestablishing such  2,671        

encumbrances.  An amount equal to the canceled encumbrances in     2,672        

                                                          61     


                                                                 
CAP-770 shall be appropriated to CAP-775.                          2,673        

      Disability Access Projects                                   2,675        

      The unencumbered and unallotted balances as of June 30,      2,677        

1999, in appropriation item 230-649, Disability Access Project,    2,678        

are hereby reappropriated.  The unencumbered and unallotted        2,680        

balances of the appropriation at the end of fiscal year 2000 are   2,681        

hereby reappropriated in fiscal year 2001 to fund capital          2,682        

projects pursuant to this section.                                 2,683        

      (A)  As used in this section:                                2,685        

      (1)  "Percentile" means the percentile in which a school     2,687        

district is ranked according to the fiscal year 1998 ranking of    2,688        

school districts with regard to income and property wealth under   2,689        

division (B) of section 3318.011 of the Revised Code.              2,690        

      (2)  "School district" means a city, local, or exempted      2,692        

village school district, but excluding a school district that is   2,693        

one of the state's 21 urban school districts as defined in         2,694        

division (O) of section 3317.02 of the Revised Code, as that       2,695        

section existed prior to July 1, 1998.                             2,696        

      (3)  "Valuation per pupil" means a district's total taxable  2,699        

value as defined in section 3317.02 of the Revised Code divided    2,700        

by the district's ADM as defined in division (A) of section                     

3317.02 of the Revised Code as that section existed prior to July  2,701        

1, 1998.                                                                        

      (B)  The School Facilities Commission shall adopt rules for  2,703        

awarding grants to school districts with a valuation per pupil of  2,705        

less than $200,000, to be used for construction, reconstruction,                

or renovation projects in classroom facilities, the purpose of     2,706        

which is to improve access to such facilities by physically        2,707        

handicapped persons.  The rules shall include application          2,708        

procedures.  No school district shall be awarded a grant under     2,709        

this section in excess of $100,000.  In addition, any school       2,710        

district shall be required to pay a percentage of the cost of the  2,711        

project or which the grant is being awarded equal to the           2,712        

percentile in which the district is ranked.                        2,713        

                                                          62     


                                                                 
      (C)  The School Facilities Commission is hereby authorized   2,715        

to transfer a portion of appropriation item CAP-622, Public        2,717        

School Buildings, contained in Am. Sub. H.B. No. 283 of the 123rd  2,718        

General Assembly, to CAP-777, Disability Access Projects, to       2,720        

provide funds to make payments resulting from the approval of      2,721        

applications for disability access granted received prior to       2,722        

January 1, 1999.  The amounts transferred are hereby                            

appropriated.                                                      2,723        

      Sec. 10.02.  Extreme Environmental Contamination of School   2,725        

Facilities                                                         2,726        

      Notwithstanding the provisions of Section 26 of Am. Sub.     2,728        

H.B. 850 of the 122nd General Assembly regarding eligibility for   2,729        

the Exceptional Needs Pilot Program, the School Facilities         2,731        

Commission may provide assistance under the Exceptional Needs      2,732        

Pilot Program to any school district and not exclusively a school  2,733        

district in the lowest 50 per cent of adjusted valuation per       2,734        

pupil on the fiscal year 1999 ranking of school districts          2,735        

established pursuant to section 3317.02 of the Revised Code, for   2,736        

the purpose of the relocation or replacement of school facilities  2,737        

required as a result of extreme environmental contamination.  IF   2,739        

IN THE ASSESSMENT OF THE SCHOOL DISTRICT'S CLASSROOM FACILITIES                 

NEEDS CONDUCTED UNDER THE EXCEPTIONAL NEEDS PILOT PROGRAM          2,741        

PURSUANT TO SECTION OF AM. SUB. H.B. 850 OF THE 123rd GENERAL      2,744        

ASSEMBLY, THE COMMISSION DETERMINES THAT ALL THE SCHOOL            2,746        

DISTRICT'S CLASSROOM FACILITIES ULTIMATELY WILL REQUIRE            2,747        

REPLACEMENT UNDER SECTIONS 3318.01 TO 3318.20 OF THE REVISED       2,748        

CODE, THEN THE COMMISSION MAY UNDERTAKE A DISTRICT-WIDE PROJECT    2,750        

UNDER SECTIONS 3318.01 TO 3318.20 OF THE REVISED CODE.             2,751        

      The School Facilities Commission shall contract with an      2,753        

independent environmental consultant to conduct a study and to     2,754        

report to the Commission as to the seriousness of the              2,755        

environmental contamination, whether the contamination violates    2,756        

applicable state and federal standards, and whether the            2,757        

facilities are no longer suitable for use as school facilities.                 

                                                          63     


                                                                 
The Commission shall then make a determination regarding funding   2,758        

for the relocation or replacement of the school facilities.  If    2,759        

the federal government or other public or private entity provides  2,760        

funds for restitution of costs incurred by the state or school     2,761        

district in the relocation or replacement of the school            2,762        

facilities, the state and the school district shall divide USE     2,764        

such funds on the basis of the relative share of total project     2,765        

cost contributed by each IN EXCESS OF THE SCHOOL DISTRICT'S SHARE  2,767        

TO REFUND THE STATE FOR THE STATE'S CONTRIBUTION TO THE            2,768        

ENVIRONMENTAL CONTAMINATION PORTION OF THE PROJECT.  THE SCHOOL    2,769        

DISTRICT MAY APPLY AN AMOUNT OF SUCH RESTITUTION FUNDS UP TO AN    2,770        

AMOUNT EQUAL TO THE SCHOOL DISTRICT'S PORTION OF THE PROJECT, AS   2,771        

DEFINED BY THE COMMISSION, TOWARD PAYING ITS PORTION OF THAT       2,773        

PROJECT TO REDUCE THE AMOUNT OF BONDS THE SCHOOL DISTRICT          2,774        

OTHERWISE MUST ISSUE TO RECEIVE STATE ASSISTANCE UNDER SECTIONS    2,775        

3318.01 TO 3318.20 OF THE REVISED CODE."                           2,776        

      Section 8.  That existing Sections 10 and 10.02 of Am. Sub.  2,778        

H.B. 282 of the 123rd General Assembly are hereby repealed.        2,780        

      Section 9.  Except as otherwise specifically provided in     2,782        

this act, the codified and uncodified sections of law contained    2,783        

in this act are subject to the referendum.  Therefore, under Ohio  2,785        

Constitution, Article II, Section 1c and section 1.471 of the      2,786        

Revised Code, the sections take effect on the ninety-first day                  

after this act is filed with the Secretary of State.  If,          2,787        

however, a referendum petition is filed against a section, the     2,788        

section, unless rejected at the referendum, takes effect at the    2,789        

earliest time permitted by law.                                    2,790        

      Section 10.  Sections 7 and 8 of this act are not subject    2,792        

to the referendum.  Therefore, under Ohio Constitution, Article    2,793        

II, Section 1d and section 1.471 of the Revised Code, Sections 7   2,794        

and 8 of this act go into immediate effect when this act becomes   2,796        

law.