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Master Leasing Program |
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The OTA Master
Leasing Program is the result of the cooperative efforts of Ross, Sinclaire
& Associates (RSA) and the Ohio Township Association. The program
is a multi-tiered approach to address the needs of the OTA's diverse membership
on a comprehensive basis. The program consists of a three phase plan of
finance incorporating an initial pooled, "open indenture" program,
followed by a demand pool issuance program and complemented by a "CLOUT"
direct debt issuance program for the associations largest 18 members.
The heart of the program consists of tax exempt lease obligations, which
provide financing alternatives to Ohio townships on a statewide basis,
which will not count against their statutory debt limitations, on
a voted or un-voted basis. RSA, through a multi-year process involving
Bond Counsel, the OTA and the Ohio Legislature were able to develop this
customized, multi-tiered program of significant benefit to the townships
in the state. |
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| For more information, please visit the Master Leasing Program's Web site. |
This page last updated on January 25, 2008.
Ohio
Township Association 6500 Taylor Road, Suite A Blacklick, Ohio 43004-8570 Phone: (614) 863-0045 Fax: (614) 863-9751 To contact webmaster e-mail: Carr@OhioTownships.org |  | Hosted
by: Center for Public Management and Regional Affairs at Miami University 2 Harrison Hall Oxford, OH 45056 E-mail: CPMRA@muohio.edu Phone: (513) 529-6959 Fax: (513) 529-6939 | |
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