As used in this section, “rail property” and “rail service” have the same meanings as in section 4981.01 of the Revised Code.

Terms Used In Ohio Code 505.69

The board of township trustees may acquire, rehabilitate, and develop rail property and rail service, and may enter into agreements with the Ohio rail development commission, boards of county commissioners, legislative authorities of municipal corporations, other boards of township trustees, with other governmental agencies or organizations, and with private agencies or organizations in order to achieve those purposes.