1525.11 Water and sewer fund.
1525.11 Water and sewer fund.
(A) The water and sewer fund, which is hereby created in the state treasury, shall consist of moneys appropriated to the fund by the general assembly, moneys allocated to the fund pursuant to section 164.08 of the Revised Code, moneys repaid to the fund for advances made from it, and interest paid for delay in repayment of advances from the fund. The fund shall be administered by the water and sewer commission created by division (C) of this section. Moneys in the fund shall be used solely for advances to boards of county commissioners, legislative authorities of municipal corporations, and governing boards of any other public entities to meet that portion of the cost of the extension of water and sewer lines to be financed by assessments for which collections are deferred or exempt pursuant to division (B) of section 6103.052, division (B) of section 6117.062, or division (A) of section 929.03 of the Revised Code. Moneys allocated to the fund pursuant to section 164.08 of the Revised Code shall be used solely to make advances to subdivisions described in this division. Advances made from moneys deposited in this fund pursuant to section 164.08 of the Revised Code shall be repaid within twenty years from the time the advance is made.
(B) The water and sewer administrative fund is hereby created in the state treasury to consist of moneys collected as fees pursuant to division (C) of section 1525.12 of the Revised Code. Moneys in this fund shall be used solely to pay the administrative costs of the water and sewer commission.
(C) There is hereby created the water and sewer commission. The commission shall consist of seven members and, for administrative purposes, shall be attached to the department of development. The members of the commission shall be the director of development or the director’s representative, the director of health or the director’s representative, the director of agriculture or the director’s representative, the director of natural resources or the director’s representative, and three members appointed by the governor. One of the three members appointed by the governor shall be a representative of industry, one shall be a farmer whose major source of income is derived from farming, and one shall be a representative of the public. The governor shall appoint one member to serve for a term of one year, one member to serve for a term of two years, and one member to serve for a term of three years. Thereafter, terms of office of members appointed by the governor shall be for three years, commencing on the twentieth day of December and ending on the nineteenth day of December. Each appointed member shall hold office from the date of appointment until the end of the term for which the member was appointed. Any member appointed to fill a vacancy occurring prior to the expiration of the term for which the member’s predecessor was appointed shall hold office for the remainder of such term. Any appointed member shall continue in office subsequent to the expiration date of his term until the member’s successor takes office, or until a period of sixty days has elapsed, whichever occurs first. The governor shall designate the chairperson of the commission, who shall serve for a term of one year. The members of the commission shall receive no compensation other than for expenses incurred in the performance of their duties.
(D) The commission shall submit orders, made pursuant to division (D) of section 1525.12 of the Revised Code, approving advances from the water and sewer fund, to the controlling board. The controlling board shall then determine whether or not such advance shall be made. If the board determines that the advance shall be made it shall certify such action to the director of budget and management for payment.
Effective Date: 09-26-1996