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  • Toledo Region It matters where you make it.
  • Events Click for more information on current and upcoming events and contests!
  • Careers Click to view all open positions at the Toledo-Lucas County Port Authority.
  • Energy & Finance Learn more about the Port's energy and finance programs!
  • Community Programs The Port Authority has several programs in place to assist start-up and existing ventures in the Toledo Region.
  • Foreign-Trade Zone Learn more about Foreign-Trade Zone #8.
  • Train Station Rental The Downtown Toledo Train Station is the perfect venue for your next event!
  • The Port of Toledo The Port of Toledo is home to 15 terminals linked to global markets through the Great Lakes/St. Lawrence Seaway System.
  • Toledo Shipyard Owned by the Port Authority and operated by IRONHEAD Marine, the skilled workforce at the Toledo Shipyard provides a variety of services.
  • Dr. Martin Luther King, Jr. Plaza The Downtown Toledo Train Station is home to Amtrak and Greyhound!
  • Toledo Express Airport TOL offers nonstop and connecting flights to nearly 200 worldwide destinations on American Airlines and nonstop flights to popular vacation destinations in Florida on Allegiant.
  • Toledo Executive Airport TDZ is primarily used for corporate aviation, premium air freight services, emergency aviation services, law enforcement, flight training, and privately owned aircraft.
  • Public Notices Click here to view all projects being bid by the Toledo-Lucas County Port Authority.
  • Supplier Recruitment To start a business relationship with the Port Authority, click here to register your company to be included in our Supplier Database.
  • Cullen Bay Wetland Restoration Projects Click here for more information on the Grassy Island Wetlands Restoration and Cullen Park Wetlands Restoration H2Ohio projects.
  • Press Releases Check out the Port's latest news releases.
  • Newsletters Stay up-to-date with Port activities!

Bond Programs

NORTHWEST OHIO BOND FUND

The Northwest Ohio Bond Fund provides small and medium-sized companies access to the national capital market as if they were A- Investment Grade companies. It provides:

  • Financing for projects from $2 million to $10 million
  • Fixed interest rates for full term of the bonds
  • Typically 90% financing and 10% equity
  • Financing up to 20 years for land and buildings
  • Financing up to 10 years for equipment
  • Tax exempt bonds for manufacturing, non-profit 501(c)3 and governmental operations
  • Taxable bonds for all other projects

INFRASTRUCTURE FINANCING

Infrastructure Financing helps developers, governmental entities and other organizations finance improvements such as streets, curbs, and parking facilities. The Toledo-Lucas County Port Authority has provided over $100 million in Tax Increment Financing (TIF) and special assessment-backed bonds in tax-exempt, long-term, fixed-rate bond financing. Other benefits include:

  • Possibility of 100% financing
  • Lower cost of construction
  • Fixed interest rate, tax exempt financing
  • Terms of up to 32 years

CONDUIT BOND STRUCTURE

The Toledo-Lucas County Port Authority can serve as the Issuer for the purpose of making proceeds available to an entity in furtherance of a public purpose by way of Industrial Revenue Bonds, Hospital Revenue Bonds, Non-Profit Bonds and Housing Bonds.

  • Financial strength based upon credit of the company or non-profit organization¬†
  • Rated or non-rated bonds sold in capital markets or privately placed with banks
  • Capacity to issue bank-qualified, tax-exempt debt

CAPITAL LEASE TRANSACTION

The Toledo-Lucas County Port Authority can provide bond financing of large construction projects with a Capital Lease Option that enables borrowers to take advantage of sales tax savings.

  • Savings of State & Local sales tax on construction materials
  • Lease payments will fully amortize debt
  • Buyout option allows company to buy asset for $1 at the end of lease
  • Assets & liabilities are placed on the¬†company's balance sheet
  • No Prevailing Wage Requirement
  • Reduces construction costs and improves Loan-to-Value
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