2013 ORS § 351.511¹
Portland State University Northwest Engineering Science Center Phase I Account

(1) There is established in the General Fund an account to be known as the Portland State University Northwest Engineering Science Center Phase I Account. Funds in the account shall be used for acquisition or construction of an engineering science center at Portland State University.

(2) The account shall consist of federal and local government funds made available to and funds donated to Portland State University for the purpose of the Portland State University Northwest Engineering Science Center Phase I project described in subsection (1) of this section. Interest earned on moneys in the account shall be credited to the account.

(3) Moneys in the account are continuously appropriated to Portland State University for the purposes described in subsection (1) of this section. The account may not be credited with more than $26,500,000 in interest, donations and federal and local government funds for purposes of this subsection. [2001 c.845 §8; 2003 c.674 §11; 2011 c.2 §56; 2013 c.768 §62]

Note: The amendments to 351.511 (Portland State University Northwest Engineering Science Center Phase I Account) by section 62, chapter 768, Oregon Laws 2013, become operative July 1, 2014. See section 171, chapter 768, Oregon Laws 2013. The text that is operative until July 1, 2014, is set forth for the users convenience.

351.511 (Portland State University Northwest Engineering Science Center Phase I Account). (1) There is established in the General Fund an account to be known as the Portland State University Northwest Engineering Science Center Phase I Account. Funds in the account shall be used for acquisition or construction of an engineering science center at Portland State University.

(2) The account shall consist of federal and local government funds made available to and funds donated to the Oregon University System for the purpose of the Portland State University Northwest Engineering Science Center Phase I project described in subsection (1) of this section. Interest earned on moneys in the account shall be credited to the account.

(3) Moneys in the account are continuously appropriated to the Oregon University System for the purposes described in subsection (1) of this section. The account may not be credited with more than $26,500,000 in interest, donations and federal and local government funds for purposes of this subsection.

Note: 351.511 (Portland State University Northwest Engineering Science Center Phase I Account), 351.516 (Eastern Oregon University Regional Agricultural, Health and Life Sciences Building Account) and 351.521 (University of Oregon School of Music Account) were enacted into law by the Legislative Assembly but were not added to or made a part of ORS chapter 351 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.