Installment payment of special assessment
- • limitation
The provisions of ORS 223.205 (Scope and application) to 223.314 (Establishment or modification of system development charge not a land use decision) (Bancroft Bonding Act) and ORS 223.770 (Assessment of public property benefited by improvements) relating to the assessment of property benefited by public improvements and to the issuance of bonds and other obligations for the cost of such improvements, shall apply insofar as practicable and applicable in relation to the assessment by ports of the cost or any portion of the cost of improvements against the property benefited in accordance with ORS 777.530 (Special assessments for local improvement) and to the issuance of bonds and other obligations by the port. However, notwithstanding ORS 223.295 (Limit on city indebtedness), the limitation specified in ORS 777.410 (Ports may borrow money and issue bonds) (1)(a) on the amount of general obligation bonds outstanding at any one time applies to bonds and other obligations issued under this section. [1989 c.644 §3; 1991 c.902 §116; 1995 c.333 §21; 1997 c.249 §223]
Note: See note under 777.530 (Special assessments for local improvement).
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