Ohio Code § 5521.10
Ohio Code § 5521.10. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.
§ 5521.10.
The board of county commissioners, in anticipation of the collection of the taxes
provided for by section 5521.09 of the Revised Code , and in anticipation of the assessments which it is authorized to levy, may, whenever
in its judgment it is deemed necessary, sell the bonds of said county in any amount
not greater than the aggregate sum necessary to pay the share of the estimated compensation,
damages, cost, and expense payable by the county, and by the owners of the lands assessed
or to be assessed for such improvement. The aggregate amount of such bonds issued and outstanding at any one time, and to
be redeemed by a tax levy upon the grand duplicate of the county, shall not be in
excess of one per cent of the tax duplicate of such county. In computing such one per cent, bonds to be redeemed by special assessments shall
not be taken into account. Bonds issued under this section shall state for what purpose issued and bear interest
at such rate as is fixed by the board, payable semiannually, and in such amounts as
to mature in not more than ten years after their issue, as the board determines. Prior to the issuance of such bonds the board shall provide for the levying of a
tax upon all the taxable property of the county to cover any deficiency in the levy,
payment, or collection of any special assessments anticipated by such bonds. The proceeds of such bonds shall be used exclusively for the payment of the cost
and expense of the work for which the bonds are issued.
Source: official Ohio text · Last verified 2026-08-27
At a glance
- Citation: Ohio Revised Code § 5521.10
- Jurisdiction: Ohio
- Code: Ohio Revised Code
- Text: transcribed from the official source (verify below)
Verify the text
Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:
Not legal advice. Verify against the official source and consult a licensed Ohio attorney.
Common questions
What is the source of Ohio Revised Code § 5521.10?
The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.
What subject does Ohio Revised Code § 5521.10 address?
It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.
Is Ohio Revised Code § 5521.10 still in force?
Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.
Can this page be used as legal advice?
No. This is a reference transcription for research. Applying Ohio law to your facts requires a licensed Ohio attorney who can review the specifics.