ORS 273.384¹
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]

Atty. Gen. Opinions

Credit to Common School Fund of royalties accruing from gravel lease of Space Age Industrial Park, (1978) Vol 38, p 2099

Chapter 273

Atty. Gen. Opinions

Require­ments of competitive bidding on prop­erty valued over $1,000, (1975) Vol 37, p 773; authority of State Land Board to enter into nonprofit wa­ter supply corpora­tion, (1978) Vol 38, p 2199

Law Review Cita­tions

4 EL 343, 344 (1984)

1 Legislative Counsel Committee, CHAPTER 273—State Lands Generally, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­273.­html (2007) (last ac­cessed Feb. 12, 2009).
2 Legislative Counsel Committee, Annotations to the Oregon Revised Stat­utes, Cumulative Supplement - 2007, Chapter 273, https://­www.­oregonlegislature.­gov/­bills_laws/­ors/­273ano.­htm (2007) (last ac­cessed Feb. 12, 2009).
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