Section 289.005 – Definitions for ORS chapter 289.
(1) As used in this chapter, unless the context requires otherwise: (a) “Authority” means the Oregon Facilities Authority created by this chapter. (b) “Bonds” or “revenue bonds” means revenue bonds, as defined in ORS 286A.001. (c) “Cost” means the cost of: (A) Construction, acquisition, alteration, enlargement, reconstruction and remodeling of a project, including all lands, […]
Section 289.010 – Findings; purpose.
(1) The Legislative Assembly finds that by use of the powers and procedures described in this chapter for the assembling and financing of lands for housing, educational, cultural or other nonprofit uses and for the construction and financing of facilities for those uses, financed through the issuance of revenue bonds secured solely by the properties […]