note: If you want a copy of the contract, post your email (I won't publish it) and I'll send the contract to you.
From the Ohio Constitution
8.06 - Counties, cities, towns, or townships, not authorized to become stockholders, etc.; insurance, etc
Counties, cities, towns, or townships, not authorized to become stockholders, etc.; insurance, etc. http://www.legislature.state.oh.us/constitution.cfm?Part=8&Section=06
No laws shall be passed authorizing any county, city, town or township, by vote of its citizens, or otherwise, to become a stockholder in any joint stock company, corporation, or association whatever; or to raise money for, or to loan its credit to, or in aid of, any such company, corporation, or association: provided, that nothing in this section shall prevent the insuring
of public buildings or property in mutual insurance associations or companies. Laws may be passed providing for the ...