ORS
223.114¹
Economic improvement
- • assessment ordinance
(1) A council may enact an ordinance establishing a procedure to be followed by the city in making assessments for the cost of an economic improvement upon the lots which are specially benefited by all or part of the improvement.
(2) In any ordinance adopted under subsection (1) of this section, a city shall not be authorized to:
(a) Levy assessments in an economic improvement district in any year that exceed one percent of the real market value of all the real property located within the district.
(b) Include within an economic improvement district any area of the city that is not zoned for commercial or industrial use.
(c) Levy assessments on residential real property or any portion of a structure used for residential purposes. [1985 c.576 §2; 1989 c.1018 §3; 1991 c.459 §350; 1991 c.902 §5]
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