1525.13 Advance moneys to provide water and sewer facilities for new development.
1525.13 Advance moneys to provide water and sewer facilities for new development.
(A) The water and sewer commission may advance moneys from the water and sewer fund to provide water and sewer facilities to aid in the establishment of new industrial plants, or the expansion of existing industrial plants, or such other industrial development as may be defined by the commission without undue financial burden upon open lands over or along which the lines for such facilities are extended.
(B) The commission may also advance moneys from the fund to provide water and sewer facilities to aid in the establishment of commercial and residential developments without undue financial burden upon open lands over or along which the lines for such facilities are extended; provided, that advances under division (A) of this section shall have priority over advances under this division.
(C) The commission may also advance moneys from the fund for assessments not collected under section 929.03 of the Revised Code. Requests made by a board of county commissioners, legislative authority of a municipal corporation, or other governing board of any other public entity under that section shall have priority over requests submitted under division (A) or (B) of this section, and the advances shall be repaid when the assessment is collected by the board of county commissioners, legislative authority, or other governing board under division (C) of section 929.03 of the Revised Code.
Effective Date: 09-12-1986