Port authorities are given broad statutory powers to participate in economic development projects. These powers include:

• Ability to acquire, construct, enlarge, maintain, sell, lease or operate port authority facilities

• Ability to make available the use of any port authority facility to one or more businesses

• Ability to issue port authority revenue bonds to pay the costs of any port authority facilities, pursuant to Article III, Section 13 of the Ohio Constitution, that will create or preserve jobs and employment opportunities