(A) The expenditures of an airport development district may include the following:

Terms Used In Ohio Code 308.24

  • Appraisal: A determination of property value.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Property: means real and personal property. See Ohio Code 1.59

(1) The cost of creating and operating the district under this chapter, including creating and operating a nonprofit organization organized under this chapter, hiring employees and professional services, contracting for insurance, and purchasing or leasing office space or office equipment;

(2) The cost of planning, designing, and implementing public infrastructure improvements that benefit the qualifying airport, including payment of architectural, engineering, legal, appraisal, insurance, consulting, energy auditing, and planning fees and expenses, and, for public services, the management, protection, and maintenance costs of public or private facilities;

(3) The cost of airport advertising, airline recruitment, market research, ticket purchase guarantees, and incentives designed to attract or retain airlines, increase the number of scheduled flights to and from the qualifying airport, or increase use of the airport by aircraft having greater passenger capacity or greater first-class seating availability;

(4) Any court costs incurred by the district in implementing the plan outlined in the articles of incorporation; and

(5) Any damages resulting from implementing that plan.

(B) The expenditures of an airport development district shall not include financing, in whole or in part, the acquisition of any interest in property by a regional airport authority, port authority, or municipal corporation using the power of condemnation or eminent domain pursuant to Section 19 of Article I, Ohio Constitution, or any costs associated with such an acquisition.

(C) The board of directors of an airport development district is subject to the same competitive bidding and prevailing wage rules and procedures that apply to the board of trustees of the regional airport authority, the board of directors of the port authority, or the legislative authority of the municipal corporation that owns, operates, or maintains the qualifying airport.

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