Section 122:7-1-03 - Officers(A) Chairperson. The director, or the director's designee, will serve as chairperson of the authority. After the authority has approved tax credits for a project, the chairperson or a professional employee of the department of development to whom the chairperson has delegated such authority will execute all agreements with the business entities for tax credits.(B) Vice-chairperson. The authority will annually elect one of its members to serve as vice-chairperson. In the absence of the chairperson or the chairperson's designee, the vice-chairperson acts as chairperson of the authority. In the absence of the chairperson or the chairperson's designee and the vice-chairperson, the members of the authority present at a meeting may elect one of its members to chair the meeting.Ohio Admin. Code 122:7-1-03
Effective: 1/9/2025
Five Year Review (FYR) Dates: 10/25/2024 and 01/09/2030
Promulgated Under: 119.03
Statutory Authority: 122.17
Rule Amplifies: 122.17
Prior Effective Dates: 04/08/1994, 11/08/1999, 07/28/2016