As Reported by the House Local Government Committee

129th General Assembly Regular Session 2011-2012

Am. H. B. No. 387

Representatives Sears, Ashford 

Cosponsors: Representatives Letson, Gardner, Hill, McGregor, Antonio, Combs, Fedor, Stebelton, Brenner, Hackett 

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A BILL

To enact section 307.093 of the Revised Code to

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authorize a board of county commissioners of any

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county to enter into agreements for the sale and

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leaseback of all or portions of county buildings.

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

Section 1. That section 307.093 of the Revised Code be	5
enacted to read as follows:	6

Sec. 307.093. A board of county commissioners may enter into	7
a sale and leaseback agreement under which the board agrees to	8
convey a county-owned building to a purchaser who is obligated,	9
immediately upon closing, to lease all or portions of the building	10
back to the board. The sale and leaseback agreement shall obligate	11
the lessor to make public improvements to all or portions of the	12
building subject to the lease, including renovations, energy	13
conservation measures, and other measures that are necessary to	14
improve the functionality and reduce the operating costs of the	15
portions of the building that are subject to the lease.	16

The authority granted by this section is not subject to the	17
limitations imposed by sections 307.02 and 307.09 of the Revised	18
Code.	19