Ohio Code 715.06 – Light, power, and heat
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All municipal corporations may:
Terms Used In Ohio Code 715.06
- 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.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
(A) Establish, maintain, and operate municipal lighting, power, and heating plants;
(B) Furnish the municipal corporation and the inhabitants thereof with light, power, and heat;
(C) Procure everything necessary for such operations;
(D) Acquire by purchase, lease, or otherwise, the necessary lands for such purposes, within and without the municipal corporation.