The OTA Master Lease Program is the result of the cooperative efforts of RSA and the Ohio Township Association ("OTA"). The Program is a multi-tiered approach to address the needs of the OTA's diverse membership on a comprehensive basis. 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 either a voted or un-voted basis. RSA, through a multi-year process involving Bond Counsel, the OTA and the Ohio Legislature, was able to develop this customized, multi-tiered program of significant benefit to the townships in the State.
If you have any questions about the Master Lease Program or for an indication of current interest rates, please contact RSA’s Eric Prall at firstname.lastname@example.org or 800.657.7776. Note that interest rates are subject to adjustment without notice and are subject to credit approval and program requirements.
To download an application for submittal, please go to the following link: