Section 703.362 | Receiver-trustee.
The receiver-trustee shall perform the following duties:
(A) Resolve the outstanding debts, obligations, and liabilities of the dissolved village;
(B) Approve necessary operations and budgetary functions of the dissolved village;
(C) Settle or resolve any legal claims against the dissolved village existing on the date the dissolution is effective or brought within ninety days after the day the receiver-trustee initially is appointed by the transition supervisory board, as provided under section 703.39 of the Revised Code;
(D) Administer and collect taxes and special assessments levied by the legislative authority of the dissolved village in accordance with section 703.371 of the Revised Code during the transition period;
(E) Wind down the involvement of the dissolved village in community improvement corporations, special improvement districts, and tax increment financing arrangements as provided in sections 703.376, 703.377, and 703.378 of the Revised Code;
(F) Dispose of or transfer the dissolved village's real and personal property as provided in section 703.373 of the Revised Code;
(G) Manage the dissolved village's utility services until the utility services are transferred under section 703.374 of the Revised Code;
(H) Manage the response to public records requests until the records are transferred under section 703.375 of the Revised Code;
(I) Perform all other duties assigned to the receiver-trustee under sections 703.31 to 703.39 of the Revised Code or assigned to the transition supervisory board under those sections and delegated by the board to the receiver-trustee;
(J) Conduct all other necessary business of the dissolved village to conclude the village's affairs.
Last updated February 12, 2024 at 5:30 PM
Available Versions of this Section
- April 30, 2024 – Enacted by House Bill 101 - 135th General Assembly [ View April 30, 2024 Version ]