Bill Text: OH SCR18 | 2013-2014 | 130th General Assembly | Introduced
Bill Title: To urge the United States Department of the Treasury
Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: (Introduced - Dead) 2013-07-08 - To Finance [SCR18 Detail]
Download: Ohio-2013-SCR18-Introduced.html
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Senator Schiavoni
Cosponsors:
Senators Cafaro, Kearney, Seitz, Turner
To urge the United States Department of the Treasury | 1 |
to allow the use of up to twenty-five per cent of | 2 |
the funds in the Ohio Hardest Hit Fund for | 3 |
demolition of vacant property. | 4 |
BE IT RESOLVED BY THE SENATE OF THE STATE OF OHIO
(THE HOUSE OF REPRESENTATIVES CONCURRING):
WHEREAS, As a result of the housing market collapse in 2008, | 5 |
there are thousands of vacant properties throughout Ohio that are | 6 |
posing a risk to public safety and negatively affecting property | 7 |
values of other properties in the neighborhoods; and | 8 |
WHEREAS, Demolition of these vacant properties is essential | 9 |
to restoring public safety, reducing neighborhood blight, and | 10 |
improving property value; and | 11 |
WHEREAS, The federal Hardest Hit Fund, created in 2010, | 12 |
allocates funds to states, including Ohio, for the development of | 13 |
locally tailored programs to assist struggling homeowners in their | 14 |
communities; and | 15 |
WHEREAS, Currently, most moneys in the Hardest Hit Fund may | 16 |
not be used for demolition costs of vacant structures; and | 17 |
WHEREAS, The use of up to twenty-five per cent of the | 18 |
remaining funds in the Ohio Hardest Hit Fund for demolition of | 19 |
vacant property will allow municipal corporations and land banks | 20 |
to demolish vacant structures while ensuring the rest of the funds | 21 |
are used for foreclosure-prevention efforts; and | 22 |
WHEREAS, To reduce the number of vacant properties, thereby | 23 |
reducing blight and protecting and restoring the property values | 24 |
of surrounding buildings, the United States Department of the | 25 |
Treasury should allow the use of a portion of the Ohio Hardest Hit | 26 |
Fund for vacant structure demolition without delay; now therefore | 27 |
be it | 28 |
RESOLVED, That we, the members of the 130th General Assembly | 29 |
of the State of Ohio, urge the United States Department of the | 30 |
Treasury to allow the use of up to twenty-five per cent of the | 31 |
funds in the Ohio Hardest Hit Fund for demolition of vacant | 32 |
property; and be it further | 33 |
RESOLVED, That the Clerk of the Senate transmit duly | 34 |
authenticated copies of this resolution to the Secretary of the | 35 |
Department of the Treasury, the President Pro Tempore and | 36 |
Secretary of the United States Senate, the Speaker and Clerk of | 37 |
the United States House of Representatives, the President of the | 38 |
United States, the members of the Ohio Congressional delegation, | 39 |
and the news media of Ohio. | 40 |