Administration of Space Age Industrial Park
- • disposition of income and proceeds
(1) The Space Age Industrial Park shall be managed and administered by the Director of the Oregon Department of Administrative Services.
(2) Notwithstanding the provisions of any law, all net income and other net proceeds derived from the rental, lease, sale, disposition or use of the Space Age Industrial Park (after payment of all costs and expenses incident to the maintenance and administration of the Space Age Industrial Park and costs incident to any sale or other disposition thereof) shall be deposited in the State Treasury and credited as follows:
(a) 50 percent to the General Fund to be available for general governmental expenses; and
(b) 50 percent to the Trust for Cultural Development Account established in ORS 359.405 (Trust for Cultural Development Account). [1963 s.s. c.7 §9; 1969 c.594 §28; 1977 c.93 §1; 1991 c.441 §2; 2001 c.954 §27; 2002 s.s.2 c.4 §1]
3 OregonLaws.org assembles these lists by analyzing references between Sections. Each listed item refers back to the current Section in its own text. The result reveals relationships in the code that may not have otherwise been apparent. Currency Information