Sec. 1505.07. (A) Subject to the
limitationlimitations set | 6 |
forth in
division (B) of this section and in section 1505.08 of | 7 |
the Revised Code, the director of natural resources, with the | 8 |
approval of the director of environmental protection, the attorney | 9 |
general, and the governor, may issue permits and make leases to | 10 |
parties making application for permission to take and remove sand, | 11 |
gravel, stone, and other minerals or substances from and under the | 12 |
bed of Lake Erie, either upon a royalty or rental basis, as
hethe | 13 |
director of natural resources determines to be best for the state. | 14 |
Permits shall be issued for terms of not less than one year nor | 15 |
more than ten years, and leases shall be for a term of years or | 16 |
until the economic extraction of the mineral or other substance | 17 |
covered thereby has been completed. Such taking and removal shall | 18 |
be within certain fixed boundaries that do not conflict with the | 19 |
rights of littoral owners. Upon request from the holder of a | 20 |
permit, it shall be canceled, but in the case of any permit or | 21 |
lease, any equipment or buildings owned by the permittee or lessee | 22 |
shall be held as security by the director of natural resources for | 23 |
payment of all rentals or royalties due the state at the time of | 24 |
cancellation. | 25 |