Ohio Code 4957.05 – Apportionment of cost
Current as of: 2023 | Check for updates
|
Other versions
The cost of the construction of the improvement in a crossing, including the cost of land or property purchased or appropriated, and the payment of damages to abutting property shall be apportioned as follows:
Terms Used In Ohio Code 4957.05
- 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
(A) The railroad company, or companies if several railroads cross a public way at or near the same point, shall pay, unless otherwise agreed upon, fifteen per cent;
(B) The municipal corporation or county shall pay eighty-five per cent.