An electing subdivision may discontinue its land reutilization program at any time by repealing the ordinance or resolution enacted under section 5722.02 of the Revised Code, but it shall continue to be governed by the procedures set forth in this chapter concerning the administration and disposition of real property acquired as a part of its land reutilization program until all such lands have been sold or otherwise transferred and the proceeds thereof distributed in compliance with this chapter.

Terms Used In Ohio Code 5722.12

  • Electing subdivision: means a municipal corporation that has enacted an ordinance or a township or county that has adopted a resolution pursuant to section 5722. See Ohio Code 5722.01
  • Land reutilization program: means the procedures and activities concerning the acquisition, management, and disposition of affected delinquent lands set forth in sections 5722. See Ohio Code 5722.01
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

  Previous section
Next section  
 Chapter 5722 Contents