Use of district money or property
- • revenue bonds
Any district of this state participating in common facilities under ORS 261.235 (Definitions for ORS 261.235 to 261.255) to 261.255 (Use of district money or property) may furnish money and provide property, both real and personal, and to the extent and in the manner provided by ORS 261.355 (Procedure for issuance and sale of revenue bonds) issue and sell revenue bonds pledging revenues of its electric system and its interest or share of the revenues derived from the common facilities and any additions or betterments thereto, in order to pay its respective share of the cost of the planning, financing, acquisition and construction thereof. All moneys paid or property supplied by any such district for the purpose of carrying out the powers conferred by ORS 261.235 (Definitions for ORS 261.235 to 261.255) to 261.255 (Use of district money or property) are declared to be for a public purpose. [1967 c.603 §12; 1999 c.865 §41]
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.