954.12 CAPITAL IMPROVEMENT PLANNING.

(a) Capital improvement programming is an important means by which comprehensive planning is realized, and is vital to areas where large tracts of vacant land have yet to be developed.

(b) Types of funding available to airport sponsors for capital improvement programming include:

(1) United States Government

(2) State of Ohio

(3) Local

A. General obligation Bonds

B. Revenue Bonds

C. Private Financing

D. Nonprofit Corporation Bonds

E. Industrial Development Authority

F. Retained Revenues

(Ord. 07-01. Passed 2-15-07.)

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