State ex rel. City of Toledo v. Weiler

Citations

• 101 Ohio St. (N.S.) 123

Syllabus

<p>Municipal corporations — Purchase of public utilities — Constitutional and statutory powers — Issuing bonds and pledging general credit — Limitation of indebtedness — Section is, Article XVIII, Constitution, 1912.</p> <p>1. Municipalities of the state are empowered by constitutional provision to acquire any public utility, the product or service of which is to be supplied to the municipality or its inhabitants, and they may issue bonds to raise money for such purpose, pledging the general credit of the municipality to their payment.</p> <p>2. Grant of power from the legislature is not a prerequisite, and under the provisions of Section 13, Article XVIII of the State Constitution, the indebtedness which may be incurred for such purpose is subject only to the limitation prescribed by the legislature as to the extent of general tax levies and the aggregate amount of indebtedness that may be incurred for all local purposes.</p> <p>9. Each municipality assumes responsibility consonant with the authority conferred, and is not only permitted but required to determine for itself the portion of its taxing and debt incurring power which shall be used for any authorized municipal purpose, within such constitutional and legislative limitation.</p>