ORS 225.250
Application of earnings

The earnings of the electric plant or distributing system shall be applied and used in payment of warrants and interest thereon issued in connection with operation of any such plant or system, and also in payment for alterations, improvements, additions or extensions and for redemption and retirement of outstanding bonds, together with interest thereon, and shall be expended only in connection with and for improving such plant or system and not for other municipal purposes, except as otherwise provided in ORS 225.270 (Use of surplus revenue).

Source: Section 225.250 — Application of earnings, https://www.­oregonlegislature.­gov/bills_laws/ors/ors225.­html.

Notes of Decisions

The expenditure of public money to advocate voter approval of a bonding issue is not impliedly authorized as necessarily incident to the express powers granted by this section or ORS 225.270. Porter v. Tiffany, 11 Or App 542, 502 P2d 1385 (1972), Sup Ct review denied

Language in this section relating to “alterations, improvements, additions or extensions” to electric plant or distributing systems furnished authorization for energy conservation plan of Eugene Water and Electric Board. Nicoll v. City of Eugene, 52 Or App 379, 628 P2d 1213 (1981), as modified by53 Or App 528, 632 P2d 502 (1981)

225.010
Definition of “city.” 225.020
Ownership and operation of utilities by city within and without city limits 225.030
Utility may provide services within or without city limits 225.040
Validation of prior municipal contracts 225.050
Joint construction, ownership and operation of waterworks 225.060
Several or joint ownership, operation and financing of municipal utilities in another state 225.070
Use of surplus city waters for federal military purposes 225.080
Financing costs of municipal waterworks or water system 225.085
Klamath Cogeneration Project 225.110
Ownership and operation of telephone system by city within or without city limits 225.120
Interconnections 225.130
Right to acquire property 225.140
Condemnation of private property for telephone system 225.150
Compensation 225.160
Alternate condemnation proceeding 225.210
Compliance with rate statutes 225.220
Enforcement of statutory requirements 225.230
Rates set in accordance with estimates of annual expenses 225.240
Sole authority to set rates 225.250
Application of earnings 225.260
Use of proceeds of bond issues 225.270
Use of surplus revenue 225.280
Warrants on future income 225.290
Right to acquire use of unappropriated state waters 225.300
Filing for use of unappropriated state waters 225.310
Definitions for ORS 225.310 to 225.400 225.320
Ownership and operation of irrigation and fire protection facilities by city within or without city limits 225.330
Acquisition of property for facilities 225.340
Establishing rates 225.350
Recovery of service charges 225.360
Approval, issuance, payment of bonds 225.370
Terms of bonds 225.380
Application of debt limitations 225.390
Preparation and examination of plans 225.400
Scope of municipal authority 225.450
Definitions for ORS 225.450 to 225.490 225.460
Policy 225.470
Authority of city to acquire interest in power facilities 225.480
City liability 225.490
Use of municipal money or property
Green check means up to date. Up to date

Current through early 2024

§ 225.250’s source at oregon​.gov