Effective: June 27, 2005
Latest Legislation: Senate Bill 124 - 126th General Assembly
(A) The Ohio rail development commission shall do all of the following:
(1) Develop, promote, and support safe, adequate, and efficient rail service throughout the state;
(2) Maintain adequate programs of investigation, research, promotion, planning, and development for rail service, which programs shall include the consideration of recommendations by public or private planning organizations;
(3) Provide for the participation of private corporations or organizations and the public in the development, construction, operation, and maintenance of rail service, and as franchisees of rail service.
(B) In regard to rail service, the Ohio rail development commission is the successor of the Ohio high speed rail authority and the division of rail transportation of the department of transportation. The commission shall succeed to all federal allotments, entitlements, subsidies, and grants now existing, whether such allotments, entitlements, subsidies, and grants are encumbered or unencumbered, in the same manner and with the same authority as the Ohio high speed rail authority and the division of rail transportation exercised prior to October 20, 1994.
(C) Every authority, commission, department, or other agency of this state shall provide the commission with data, plans, research, and any other information that the commission requests to assist it in performing its duties pursuant to this chapter.
(D) The commission may request and contract with any railroad to provide it with data and information necessary to carry out the purposes of this chapter. All railroads operating within this state shall provide the requested data and information to the commission. The commission shall not disclose any confidential data or information supplied to it.
(E) The commission shall cooperate with the director of development by exercising the commission's duty to promote and develop rail service in this state in conjunction with the director's exercise of his duty to promote the economic development of this state.
(F) The commission, when developing rail service throughout the state, may give priority to projects undertaken within the geographic boundaries of qualifying subdivisions.
Structure Ohio Revised Code
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 4981.05 | 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 4981.21 | 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.