2015 ORS § 320.186¹
Payment of obligations

This section is amended
Effective June 2, 2016
Relating to affordable housing; creating new provisions; amending ORS 197.309, 320.170, 320.176 and 320.186 and section 1, chapter 829, Oregon Laws 2007; repealing section 9, chapter 829, Oregon Laws 2007; and prescribing an effective date.

A school district may pledge construction taxes to the payment of obligations issued to finance or refinance capital improvements as defined in ORS 320.183 (Long-term facilities plan for capital improvements). [2007 c.829 §7]

Note: See note under 320.170 (Construction taxes imposed by school district).