Economic feasibility statement required
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When a petition to create a city under ORS 222.210 (Authority to consolidate adjoining and nonadjoining cities or territories) to 222.310 (Construction of ORS 222.210 to 222.310) is filed with the clerk or recorder of a city under ORS 222.230 (Form and contents of petition), an economic feasibility statement concerning the proposed city described in the petition shall also be filed with the clerk or recorder. The economic feasibility statement shall be prepared by the petitioners and, if applicable, shall form the basis for the proposed permanent rate limit for operating taxes required by ORS 222.230 (Form and contents of petition) (2). The economic feasibility statement shall contain:
(1) A description of the services and functions to be performed or provided by the proposed city;
(2) An analysis of the relationship between those services and functions and other existing or needed government services; and
(3) A proposed first year line item operation budget and a projected third year line item operating budget for the new city that demonstrate its economic feasibility. [1989 c.92 §33; 1997 c.541 §355]
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.