Section 289.110 – Duties and powers with respect to projects.
(1) In addition to any other powers granted by law, the state, acting through the State Treasurer or a designee of the State Treasurer, may: (a) Enter into agreements to finance the costs of an eligible project by lending the proceeds of bonds authorized by this chapter to a participating institution under terms and with […]
Section 287A.380 – Tax levy to pay maturing general obligation advance refunding bonds.
(1) Pursuant to ORS 287A.140, a public body shall levy taxes to pay the maturing interest and principal of advance refunding bonds that are general obligation bonds. (2) Notwithstanding ORS 287A.140 or any other provision of law, a public body may not cause a tax to be levied to pay the maturing interest and principal […]
Section 289.115 – Functions.
In carrying out its duties under this chapter, the Oregon Facilities Authority, acting for and in behalf of the state as its duly authorized agency, may: (1) Acquire, construct and hold in whole or in part any lands, buildings, easements, water and air rights, improvements to lands and buildings and capital equipment to be located […]
Section 287A.472 – Interest on municipal warrants not paid on presentation.
All warrants for payment of money issued by cities and other municipalities that are not paid upon presentation and so indorsed shall draw interest at the legal rate after such indorsements but municipalities may by proper resolution fix the rate at less than the legal rate and may make such interest payable semiannually. [Formerly 287.452]
Section 289.120 – Limitation on manner of operating project and expenditure of funds.
Except as provided in ORS 289.115 (2), the state shall not have power to operate any eligible project as a business or in any manner whatsoever. Nothing in this chapter authorizes the state to expend any funds on any eligible project, other than the revenues of such projects, or the proceeds of revenue bonds issued […]
Section 287A.474 – Warrants and checks more than two years old; report by fiscal officer; claim by owner.
(1) The county fiscal officer shall prepare a report of all warrants and checks issued more than two years prior to July 1 of that year that have not been paid, pursuant to ORS 98.352. (2) The lawful owner of any warrant or check included in any list referred to in subsection (1) of this […]
Section 287A.482 – Definitions for ORS 287A.482 to 287A.488.
As used in ORS 287A.482 to 287A.488: (1) “County fiscal officer” means: (a) The county accountant in counties where such office is established by law. (b) The county clerk in counties not having a county accountant. (2) “Master warrant” means a warrant or order issued and drawn pursuant to ORS 287A.486. [Formerly 287.482]
Section 287A.484 – Master warrant procedure authorized if warrants would be not paid.
Whenever the county fiscal officer audits and approves a claim and issues a warrant therefor and at the same time or subsequently ascertains that the county treasurer has not sufficient moneys in the particular fund of the county from which the claim so approved and allowed is payable and that the warrant as issued against […]
Section 287A.486 – Procedure.
(1) The county fiscal officer shall draw a master warrant in the amount of one or more claims referred to in ORS 287A.484, payable to any person who is willing to accept the master warrant, and such person shall, upon delivery of the master warrant duly indorsed “Not Paid for Want of Funds,” pay to […]
Section 287A.488 – Taxes must be levied for payment of claims included in master warrant.
No master warrant shall be issued under ORS 287A.482 to 287A.488 unless taxes have been levied for the payment of all claims included in the master warrant and such taxes are in the process of being collected at the time of the issuance of the master warrant. [Formerly 287.488]