All lands acquired and held by an electing subdivision pursuant to this chapter shall be deemed real property used for a public purpose and, notwithstanding section 5709.08 of the Revised Code, shall be exempt from taxation until sold.
Ohio Rev. Code Ann. § 5722.11
Tax exemption for lands acquired
Effective: September 8, 2016; Latest Legislation: House Bill 166 - 131st General Assembly
Official source: Ohio Laws & Administrative Rules (Legislative Service Commission). Reproduced from public-domain Ohio statutes; confirm against the official source for the current text. Not legal advice.