The municipal corporation shall not take any formal action to enter into a development agreement that exempts improvements to real property from taxation in the manner set forth in section 725.02 of the Revised Code until section 5709.83 of the Revised Code has been complied with.
Ohio Rev. Code Ann. § 725.021
Notice to board of education prior to grant of exemption
Effective: March 27, 1991; Latest Legislation: House Bill 103 - 118th 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.