The Authority shall have an area of jurisdiction pursuant to ORC 4582.30 including territorial limits co-terminus with and including all of the incorporated and unincorporated territory within the boundaries of the County as they now or hereafter exist, and, in addition, if the Authority acquires ownership of or leases real property, the territorial limits of the Development Finance Authority shall automatically be extended to include the territory on which such real property is located, if and to the extent such real property extends outside the boundaries of the County. The Authority shall be a body corporate and politic which may sue and be sued, plead and be impleaded, and except as its powers are limited in this chapter, has the powers and jurisdictions now or hereafter given to it by statute, including, but not limited to the powers set forth in ORC §4582.31, the exercise of those powers in cooperation and pursuant to cooperative agreements with other port authorities, counties, municipalities and other political subdivisions, the State of Ohio and its departments and agencies, and any joint office of economic development created pursuant to ORC §307.07. The County may, from time to time, by subsequent ordinance, expand or restrict the permitted scope of the Authority's powers. No new restriction can impair any then current Authority agreements, contracts, notes, bonds, mortgage and security interests, and any other documents or obligations in connection therewith. The exercise of those powers and jurisdiction by the Authority shall be deemed to be essential governmental functions of the State of Ohio.
(Ord. 2018-173. Adopted 5-14-18.)
(Ord. 2018-173. Adopted 5-14-18.)