Ohio Admin. Code 164-2-02

Current through all regulations passed and filed through December 30, 2024
Section 164-2-02 - Access to funds and late infrastructure loan payments

A county, municipal corporation, or township who receives loan funds pursuant to sections 164.01 to 164.16 of the Revised Code shall take all actions necessary to ensure that timely payments are made on their loans as required in the loan documents and in response to biennial invoicing. If a county, municipal corporation, or township fails to make timely payments, it will not receive from the commission disbursements on its active projects and any application for funding for new projects will not be accepted in the workswise portal until payment is received and processed by the commission.

Ohio Admin. Code 164-2-02

Effective: 2/15/2024
Five Year Review (FYR) Dates: 02/15/2029
Promulgated Under: 119.03
Statutory Authority: 119, 164.05, 164.26.
Rule Amplifies: 164.05