ORS 530.130
Issuance of revenue bonds to acquire lands


(1)

In compliance with the applicable provisions of ORS chapter 286A, the State Board of Forestry may request the State Treasurer to issue the revenue bonds described in ORS 530.140 (Forest development revenue bonds) to acquire any lands as provided in ORS 530.010 (State Board of Forestry authorized to acquire lands) and to sell revenue bonds under ORS 530.140 (Forest development revenue bonds) in the manner the State Treasurer deems advisable. The net proceeds derived from the sale of the revenue bonds, after the payment of bond-related costs, shall be paid into the State Treasury and credited to the State Forestry Department Account to be used exclusively for the purpose of acquiring lands as provided by ORS 530.010 (State Board of Forestry authorized to acquire lands) and 530.025 (Interests in acquired lands). The State Forestry Department may establish one or more subaccounts, as it determines are desirable for administration of the net proceeds, in the State Forestry Department Account.

(2)

Subject to any management plan adopted under ORS 526.905 (Management plans or policies to reduce risk of loss of forest resources) for the lands, the board may make covenants related to the operation, use and sale of, or revenues derived from, lands acquired with proceeds of the revenue bonds that the board determines after consultation with the State Treasurer to be necessary or desirable for repayment of the bonds.

(3)

Any lands proposed to be acquired under subsection (1) of this section shall be appraised by the State Board of Forestry and the appraisal shall be approved by the Department of State Lands prior to the acquisition of the lands. [Amended by 1957 c.83 §15; 1959 c.209 §1; 1975 c.614 §17; 1981 c.660 §43; 2007 c.783 §213; 2009 c.831 §13]

Source: Section 530.130 — Issuance of revenue bonds to acquire lands, https://www.­oregonlegislature.­gov/bills_laws/ors/ors530.­html.

530.005
Definitions for ORS 530.010 to 530.170 and 530.210 to 530.280
530.010
State Board of Forestry authorized to acquire lands
530.020
Title to acquired lands
530.025
Interests in acquired lands
530.030
Conveyance of county lands to state
530.040
Exchange of forestland or timber
530.050
Management of lands acquired
530.053
Holiday recreational use
530.055
Leasing lands acquired
530.059
Procedure for sales of forest products
530.061
Surety deposit required of successful purchaser
530.065
Modifying timber sale contracts
530.075
Validation of state acquisition of county land
530.110
Distribution of revenues from lands acquired under ORS 530.010 to 530.040
530.115
Disposition of certain moneys described in ORS 530.110
530.120
Account of receipts from lands acquired
530.130
Issuance of revenue bonds to acquire lands
530.140
Forest development revenue bonds
530.143
Revenue bond refunding
530.147
Forest Development Revenue Bond Fund
530.170
Disposition of revenues from lands acquired under former statute
530.175
Forest Acquisition County Reimbursement Fund
530.181
State Forest Acquisition Fund
530.210
Definitions for ORS 530.210 to 530.280
530.220
Oregon Forest Rehabilitation Act
530.230
Issuance of general obligation bonds
530.240
Use of proceeds from general obligation bonds
530.250
State Forester to rehabilitate state forestlands
530.255
Hardwood species for reforestation
530.280
State Forestry General Obligation Bond Fund
530.450
Withdrawal from sale of Elliott State Forest
530.460
Lands suited for growing forest products to be designated Common School Forest Lands and withdrawn from sale
530.470
Determination of lands to be designated Common School Forest Lands
530.480
Legal descriptions of lands
530.490
Management, control and protection of Common School Forest Lands and Elliott State Forest
530.500
Authority of State Forester in management, protection, utilization and conservation of lands and waters
530.510
Exchanges of land
530.520
Use of receipts
530.600
Definitions for ORS 530.600 to 530.628
530.602
Findings
530.604
Community forest authorities
530.606
Creation of authority
530.608
Board of directors of authority
530.610
Levy of taxes prohibited
530.612
Powers of authority
530.614
Authorization to issue bonds or other obligations
530.616
Authorization to borrow moneys or to issue, sell and assume bond anticipation notes
530.618
Effect of bonds or other obligations on municipality
530.620
Loan repayment
530.622
Authorities may act jointly
530.624
Assets and income of authority exempt from taxation
530.626
Earnings in excess of amounts required for authority
530.628
Application of laws to authority and to issuance of bonds
530.990
Penalties for forest management violations
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