Ohio Revised Code
Chapter 3706 | Air Quality Development Authority
Section 3706.03 | Purposes of Air Authority.

Effective: September 29, 2007
Latest Legislation: House Bill 119 - 127th General Assembly
It is hereby declared to be the public policy of the state through the operations of the Ohio air quality development authority under this chapter to contribute toward one or more of the following: to provide for the conservation of air as a natural resource of the state, and to prevent or abate the pollution thereof, to provide for the comfort, health, safety, and general welfare of all employees, as well as all other inhabitants of the state, to assist in the financing of air quality facilities for industry, commerce, distribution, and research, including public utility companies, to create or preserve jobs and employment opportunities or improve the economic welfare of the people, or assist and cooperate with governmental agencies in achieving such purposes. In furtherance of such public policy the Ohio air quality development authority may initiate, acquire, construct, maintain, repair, and operate air quality projects or cause the same to be operated pursuant to a lease, sublease, or agreement with any person or governmental agency; may make loans and grants to governmental agencies for the acquisition or construction of air quality facilities by such governmental agencies; may make loans to persons for the acquisition or construction of air quality facilities by such persons; may enter into commodity contracts with, or make loans for the purpose of entering into commodity contracts to, any person, governmental agency, or entity located within or without the state in connection with the acquisition or construction of air quality facilities; and may issue air quality revenue bonds of this state payable solely from revenues, to pay the cost of such projects, including any related commodity contracts. Any air quality project shall be determined by the authority to be not inconsistent with any applicable air quality standards duly established and then required to be met pursuant to the "Clean Air Act," 84 Stat. 1679 (1970), 42 U.S.C.A. 1857, as amended. Any resolution of the authority providing for acquiring or constructing such projects or for making a loan or grant for such projects shall include a finding by the authority that such determination has been made. Determinations by resolution of the authority that a project is an air quality facility under this chapter and is consistent with the purposes of section 13 of Article VIII, Ohio Constitution, and this chapter, shall be conclusive as to the validity and enforceability of the air quality revenue bonds issued to finance such project and of the resolutions, trust agreements or indentures, leases, subleases, sale agreements, loan agreements, and other agreements made in connection therewith, all in accordance with their terms.

Structure Ohio Revised Code

Ohio Revised Code

Title 37 | Health-Safety-Morals

Chapter 3706 | Air Quality Development Authority

Section 3706.01 | Air Quality Development Authority Definitions.

Section 3706.02 | Air Quality Development Authority - Appointment of Members - Vacancies, Bond.

Section 3706.03 | Purposes of Air Authority.

Section 3706.04 | Development Authority - Powers and Duties.

Section 3706.041 | Financing Projects for Industry, Commerce, Distribution, or Research.

Section 3706.05 | Authority May Issue Revenue Bonds and Notes.

Section 3706.06 | Other State Laws Not Applicable.

Section 3706.07 | Bonds or Notes Secured by Trust Agreement.

Section 3706.08 | Protection and Enforcement of Rights of Bondholder and Trustees.

Section 3706.09 | Bonds Not a Debt of State.

Section 3706.10 | All Funds Acquired Shall Be Held in Trust.

Section 3706.101 | Futuregen Initiative Fund.

Section 3706.11 | Monies in Excess of Current Needs May Be Invested in Notes and Bonds.

Section 3706.12 | Rentals or Charges for Use or Services - Governmental Agencies May Cooperate With Authority - Agreements.

Section 3706.13 | Projects to Be Maintained and Repaired - Reports.

Section 3706.14 | Bonds Are Lawful Investments.

Section 3706.15 | Exemption From Taxes and Assessments.

Section 3706.16 | Authority to Acquire Land as Necessary for Projects.

Section 3706.17 | Authority to Appropriate Land as Necessary for Projects.

Section 3706.18 | Authority to Cause Removal or Relocation of Roads, Highways, Railroads or Public Utility Facilities.

Section 3706.19 | Office of Ombudsperson for Small Business Stationary Source Technical and Environmental Compliance Assistance Program - Duties - Grants to Small Businesses.

Section 3706.20 | Public Meetings and Records.

Section 3706.21 | Liberal Construction of Chapter.

Section 3706.25 | Advanced Energy Projects Definitions.

Section 3706.28 | Advanced Energy Project Determinations Conclusive.

Section 3706.29 | Advanced Energy Projects Implementing Rules.

Section 3706.40 | Definitions for Sections 3706.40 to 3706.65.

Section 3706.41 | Application for Solar Energy Credits.

Section 3706.43 | Review and Approval.

Section 3706.431 | Confidentiality.

Section 3706.45 | Report to Ohio Air Quality Development Authority; Issuance of Credit.

Section 3706.46 | Revenue Requirements.

Section 3706.49 | Solar Generation Fund.

Section 3706.491 | Use of Solar Generation Fund for Administrative Costs.

Section 3706.55 | Remittance of Funds.

Section 3706.551 | Rereview of Solar Energy Credit Applications.

Section 3706.59 | Insufficient Funds.

Section 3706.63 | Rulemaking Authority.

Section 3706.65 | Use of Commission Staff and Experts.