Finance a=

1. SOUTHWEST OHIO PORT
AUTHORITY REGIONAL
PARTNERSHIP
Collaborations and Partnerships

2. Port Authorities in Ohio
All types of projects including
arenas, convention
centers, museums, hospitals, clin
ics, office
buildings, manufacturing facilities
etc.
Ohio Revised Code 4582

3. S
Investment in the Region makes sense:
W  Port Authorities for financing and funding
O Educational Institutions like Miami University
H
I
for training and resource development
O Economic Development professionals at the
local level to support and assist project
development

4. SW Ohio Port Authorities
 Project Development for the Region
 Collaborative Network with State and
Local Economic Development
Resources
 Conduit for Business Attraction &
Retention

5. Butler County Port Authority
Projects
Projects 2005 to 2009 Projects
 Quaker Chemical
 Middletown Regional
Hospital
Deconstruction
 YMCA
 Electric Lock Switch –
Rail
 Intermodal Rail Study

6. BCPA Financing Activity
Butler Project and Program Activity
County Port
18 $35,000,000 in
Authority 17.5 Contracts and Project
Increased
Development
Financing
Activity
8.3
1
2006 2007
2008
2009

7. Port Authority Mission
Port Authority Financing Features
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.

8. Projects for Financing
For Profits
Private Sector Institution
Not for s and
Profits Healthcar
Port
e
Authority
Financing

9. Benefits of PA Financing and Programs
Benefits
 New jobs
 New payroll dollars
 New sales tax revenues
 New health care and
educational resources
for the community
 New construction job
opportunities

10. Quaker Chemical
Project Groundbreaking for $10,000,000 Industrial Revenue Bond

11. 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.

12. 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