Ohio Revised Code
Chapter 4981 | Rail Development Commission
Section 4981.01 | Rail Development Commission Definitions.

Effective: October 25, 1995
Latest Legislation: House Bill 61 - 121st General Assembly
As used in sections 4981.01 to 4981.34 of the Revised Code:
(A) "Person" means, in addition to the meaning given that term in division (C) of section 1.59 of the Revised Code, any unit of local government, any local or regional transportation authority, and any private corporation or organization.
(B) "Rail property" means any asset or right that is used or is useful in providing rail service, including tracks, rolling stock, rights-of-way, bridges, grade crossing equipment, terminals, stations, parking facilities, and other rail facilities.
(C) "Rail service" means freight, intercity passenger, commuter, and high speed rail transportation service.
(D) "Regional rail reorganization act" means the "Regional Rail Reorganization Act of 1973," 87 Stat. 986, 45 U.S.C.A. 701, as amended.
(E) "Local or regional transportation authority" includes a county transit board, a board of county commissioners operating a county transit system, a regional transit authority, a regional transit commission, or any other local or regional transportation authority or agency.
(F) "Qualifying subdivision" means a county, township, or municipal corporation in this state that is levying a tax for the purpose of acquiring, rehabilitating, or developing rail service or rail property pursuant to division (CC) of section 5705.19 of the Revised Code.
(G) "Ancillary system facilities" means all facilities desirable in connection with the operation and maintenance of a rail system such as parking lots, retail establishments, restaurants, hotels, offices, and other commercial or support facilities, located within or outside the right-of-way of the rail system.
(H) "Corridor" means a designated portion of a rail system serving two or more designated urban areas.
(I) "Franchise" means a license approved by the Ohio rail development commission that grants exclusive rights to a private corporation or organization to plan, construct, finance, lease, improve, use, operate, maintain, and set and collect charges for the use of a rail system or a portion of a rail system, such as a corridor, for a period of years as permitted by section 4981.29 of the Revised Code, as system owner or as lessee from or agent of the commission.
(J) "Franchise agreement" means the agreement executed between the Ohio rail development commission and a person to whom a franchise is awarded.
(K) "3-C corridor" means the corridor connecting Cincinnati, Columbus, and Cleveland.

Structure Ohio Revised Code

Ohio Revised Code

Title 49 | Public Utilities

Chapter 4981 | Rail Development Commission

Section 4981.01 | Rail Development Commission Definitions.

Section 4981.02 | Ohio Rail Development Commission.

Section 4981.03 | Duties of Rail Development Commission.

Section 4981.031 | Applying for Federal Loans.

Section 4981.032 | Issuing Grants and Loans.

Section 4981.033 | Indemnification - Liability Insurance Coverage.

Section 4981.04 | Plan for Construction and Operation of Intercity Conventional or High Speed Passenger Transportation System.

Section 4981.05 | Application for Loans or Other Assistance.

Section 4981.06 | Acquiring Property, Facilities, or Equipment.

Section 4981.07 | Restoration, Repair, Relocation, or Upgrading Rail Property.

Section 4981.08 | Sale, Transfer, or Lease of Rail Property.

Section 4981.09 | Rail Development Fund.

Section 4981.091 | Federal Rail Fund.

Section 4981.10 | Conditions for Purchasing Property, Facilities or Equipment.

Section 4981.11 | Bond Proceedings Definitions.

Section 4981.12 | Financing Rail Service.

Section 4981.13 | Issuing Loans and Bonds to Finance Rail Projects.

Section 4981.131 | Borrowing and Bond Power Not Exclusive.

Section 4981.14 | Powers of Rail Development Commission.

Section 4981.15 | Bonds Not a Debt of State.

Section 4981.16 | Determinations in Connection With Issuance of Bonds.

Section 4981.17 | Securing Bonds by Trust Agreement or Indenture of Mortgage.

Section 4981.18 | Protection and Enforcement of Rights of Bondholder and Trustees.

Section 4981.19 | Bonds Are Lawful Investments.

Section 4981.20 | Rail Development Commission Property Subject to Taxation and Zoning, Planning, and Building Regulations and Fees.

Section 4981.21 | Special Assessment Installments.

Section 4981.22 | Issuing Refunding Bonds.

Section 4981.24 | Conveying Public Property to Rail Development Commission.

Section 4981.25 | Designation of Corporation as Agent of State.

Section 4981.26 | Waiver of Other Laws.

Section 4981.28 | Development of Rail Service by Private Corporations.

Section 4981.29 | Encouraging Private Participation.

Section 4981.30 | Applying for and Award of Franchises.

Section 4981.31 | Franchise for Rail System.

Section 4981.32 | Authority Granted by Franchise Agreement.

Section 4981.33 | Review and Monitoring of Franchisee.

Section 4981.34 | Issuing Bonds.

Section 4981.35 | Interstate High Speed Intercity Rail Passenger Network Compact - Interstate Rail Passenger Advisory Council.

Section 4981.40 | Including All Federally Designated High-Speed Rail Corridors in Ohio and All Passenger Rail Corridors in Ohio Hub Study.