(B) A township that
has adopted a limited home rule | 22 |
government under
Chapter 504. of the Revised Code shall not incur | 23 |
net
indebtedness that exceeds an amount equal to ten and one-half | 24 |
per cent of its tax valuation, or incur without a vote of the | 25 |
electors net indebtedness that exceeds an amount equal to five
and | 26 |
one-half per cent of that tax valuation. In calculating the
net | 27 |
indebtedness of a township that has adopted a limited home
rule | 28 |
government, none of the following securities shall be
considered: | 29 |
(2) Securities issued for the purpose of purchasing, | 31 |
constructing, improving, or extending water or sanitary or
surface | 32 |
and storm water sewerage systems or facilities, or a
combination | 33 |
of those systems or facilities, to the extent that
an agreement | 34 |
entered into with another subdivision requires the
other | 35 |
subdivision to pay to the township amounts equivalent to
debt | 36 |
charges on the securities; | 37 |
(5) Securities issued for the purpose of acquiring or | 43 |
constructing roads, highways, bridges, or viaducts, or for the | 44 |
purpose of acquiring or making other highway permanent | 45 |
improvements, to the extent that the resolution of the board of | 46 |
township
trustees authorizing the issuance of the securities | 47 |
includes a covenant
to appropriate from money distributed to the | 48 |
township under
Chapter 4501., 4503.,
4504., or 5735. of the | 49 |
Revised Code a sufficient amount to
cover debt charges on and | 50 |
financing costs relating to the
securities as they become due; | 51 |
(C) In calculating the net indebtedness of any
township, no | 54 |
obligation incurred
under division (B) of section 513.17 or under | 55 |
section 505.261, 505.264,
505.265, 505.267, or 505.37 of the | 56 |
Revised Code, or in connection with a project undertaken pursuant | 57 |
to Section 515.03 of H.B. 66 of the 126th General
Assembly | 58 |
general assembly or
Section 555.10 of H.B. 67 of the 127th | 59 |
general assembly,
shall be
considered. | 60 |
(2) If a township has
a population of at least five thousand | 94 |
but less than fifteen
thousand in the unincorporated territory of | 95 |
the
township, the board of township trustees, by a majority
vote, | 96 |
may adopt a resolution causing the board of elections
to submit to | 97 |
the electors of the unincorporated area of the township
the | 98 |
question of whether the township should adopt a limited
home rule | 99 |
government under
which it exercises limited powers of local | 100 |
self-government and limited
police powers, as authorized by this | 101 |
chapter.
The question shall be voted upon at the next general | 102 |
election occurring at least seventy-five days after
certification | 103 |
of the resolution to the board of
elections. | 104 |
(1)(a) By a unanimous
vote, adopt a resolution establishing a | 109 |
limited
home rule government under which the township exercises | 110 |
limited powers of
local self-government and limited police powers | 111 |
as authorized by
this chapter. The resolution shall become | 112 |
effective thirty days
after the date of its adoption unless within | 113 |
that thirty-day
period there is presented to the board of township | 114 |
trustees a
petition, signed by a number of registered electors | 115 |
residing in
the unincorporated area of the township equal to at | 116 |
least
ten per cent of the total vote cast for all candidates
for | 117 |
governor in that area at the most recent
general election at which | 118 |
a governor was elected, requesting the
board of township trustees | 119 |
to submit the question of
establishing a limited home rule | 120 |
government to the electors of
that area for approval or rejection | 121 |
at a special election to be
held on the day of the next primary or | 122 |
general election occurring at least
seventy-five days after the | 123 |
petition is presented. Each
part of the petition shall meet the | 124 |
requirements specified in
section 3501.38 of the Revised Code. | 125 |
Upon timely receipt of
the petition, the board of township | 126 |
trustees shall adopt a
resolution causing the board of elections | 127 |
to submit to the
electors of the unincorporated area of the | 128 |
township the question
of whether the township should adopt a | 129 |
limited home rule
government. | 130 |
(2)(b) By a majority vote, adopt a resolution causing the | 131 |
board of elections to submit to the electors of the
unincorporated | 132 |
area of the township the question of whether the
township should | 133 |
adopt a limited home rule government under which
it exercises | 134 |
limited powers of local self-government and limited
police powers, | 135 |
as authorized by this chapter. The question
shall be voted upon at | 136 |
the next general election occurring at
least seventy-five days | 137 |
after certification of the resolution to
the board of elections. | 138 |
(D)(4) If a township meets the population requirements
of | 146 |
division (A)(2) or (B)(3) of this section, the electors of
the | 147 |
unincorporated area of the township may
petition the board of | 148 |
township trustees to adopt a resolution
causing the board of | 149 |
elections to submit to the electors the
question of whether the | 150 |
township should adopt a limited
home rule government. Upon receipt | 151 |
of a
petition
signed by ten per cent of the electors of the | 152 |
unincorporated area
of the township, as determined by the total | 153 |
number of votes cast
in that area for the office of governor at | 154 |
the
most recent
general election for that office, the board of | 155 |
township trustees
shall adopt the resolution. The
question
shall | 156 |
be voted upon at the next general election occurring at
least | 157 |
seventy-five days after the certification of the resolution
to the | 158 |
board of elections. | 159 |
(2) The board of township trustees shall appoint a township | 201 |
administrator before the adoption of a resolution under division | 202 |
(A)(1) of section 504.01 of the Revised Code directing the board | 203 |
of elections to submit to the electors of the unincorporated | 204 |
territory of the township the question of whether the township | 205 |
should adopt a limited home rule government. The administrator | 206 |
shall be the administrative head of the township under the | 207 |
direction and supervision of the board and shall hold office at | 208 |
the pleasure of the board. | 209 |
(B) In the event that the township administrator is absent | 210 |
from histhat office by
reason of illness, death, vacation, | 211 |
resignation, or removal, the
chairmanchairperson of
the board or | 212 |
a qualified person designated by himthe
chairperson with the | 213 |
approval of the
board shall act as township administrator and | 214 |
perform all duties of such
township office, until such time as the | 215 |
township administrator returns to
hisofficial
duties or the board | 216 |
appoints a new township administrator to fill the vacancy. | 217 |
Section 555.10. (A) On or before December 31, 2007May 1, | 224 |
2008, a
transportation improvement district and any two or more | 225 |
governmental agencies may enter into an agreement providing for | 226 |
the joint financing of any street, highway, interchange, or other | 227 |
transportation project. Any such agreement shall be approved by | 228 |
resolution or ordinance passed by the legislative authority of | 229 |
each of the parties to such agreement, which resolution or | 230 |
ordinance shall authorize the execution thereof by a designated | 231 |
official or officials of each of such parties, and such agreement, | 232 |
when so approved and executed, shall be in full force and effect. | 233 |
(B)(1) Subject to division (B)(2) of this section, any party | 234 |
to such an agreement may issue and, notwithstanding any other | 235 |
provision of the Revised Code, a district may purchase directly | 236 |
from the party as an investment, securities to evidence the | 237 |
obligations of that party to the district pursuant to the | 238 |
agreement for its portion of the cost of the project pursuant to | 239 |
Chapter 133. or other applicable provisions of the Revised Code. | 240 |