SOUTHWEST OHIO PORT AUTHORITY REGIONAL PARTNERSHIP

Collaborations and Partnerships

Port Authorities in Ohio

All types of projects includingarenas, convention centers, museums, hospitals, clinics, office buildings, manufacturing facilities etc.

Ohio Revised Code 4582

SW

OHIO

Investment in the Region makes sense: Port Authorities for financing and fundingEducational Institutions like Miami University for training and resource developmentEconomic Development professionals at the local level to support and assist project development

Project Development for the Region Collaborative Network with State and

Local Economic Development Resources

Conduit for Business Attraction & Retention

SW Ohio Port Authorities

Butler County Port Authority Projects

Projects 2005 to 2009 Projects

Quaker Chemical Middletown Regional

Hospital Deconstruction

YMCA Electric Lock Switch –

Rail Intermodal Rail Study

BCPA Financing Activity

Butler County Port Authority Increased Financing Activity

2006 2007 2008 2009

1

18 17.5

8.3

Project and Program Activity

$35,000,000 inContracts and ProjectDevelopment

Port Authority Mission

Mission Statement:

Use powers to enhance, support, facilitate and coordinate the economic health of Butler County while validating new opportunities within our confines as prescribed in the Ohio Revised Code.

Partnerships – multi-jurisdictional

Offers long term financing with Bonds

Fixed rate and lower interest rates

Sales tax exemption Profit and non-profit

organizations Conduit for balance sheet and

operating leases Conduit for Grants – Example MRH

Deconstruction

Port Authority Financing Features

Projects for Financing

Not for Profits

For Profits Private Sector

Institutions and

HealthcarePort

Authority Financing

Benefits of PA Financing and Programs

New jobsNew payroll dollarsNew sales tax revenuesNew health care and

educational resources for the community

New construction job opportunities

Benefits

Project Groundbreaking for $10,000,000 Industrial Revenue Bond

Quaker Chemical

Case study – Rail freight initiative Electric lock switch

BCPA Collaborative Process Rail Freight

Three companies in near Fairfield and Hamilton, Ohio needed improved rail freight capacity.

The Butler County Port Authority formed a partnership with the Ohio Rail Development Commission, CSX, Cinergy and the Transportation Improvement District to implement a switching system.

A grant from Cinergy. A loan from the TID provided the impetus to install electronic switches to replace the antiquated manual switches. The BCPA is reimbursed with rail car rebates from CSX.

Summary Ohio Port Authorities can provide sales

tax exemption, property management and process benefits for a project

Southwest Ohio Port Authorities are available in their jurisdictions and region wide for partnerships and collaborations on projects and programs