Section 287A.050 – Authority of city to issue general obligation bonds.
(1) Upon approval of the electors of a city, the city may issue general obligation bonds to finance: (a) Capital construction or capital improvements permitted by Article XI, sections 11 and 11b, of the Oregon Constitution. (b) Capital costs permitted by Article XI, section 11L, of the Oregon Constitution. (2) Unless the city charter provides […]
Section 287A.345 – State taxation of bond interest.
Interest on bonds of a public body is exempt from personal income tax under ORS chapter 316. [2007 c.783 §65]
Section 287A.100 – Authority of county to issue general obligation bonds.
(1) Unless the county charter expressly provides otherwise, upon approval of the electors of a county, the county may issue general obligation bonds to finance: (a) Capital construction or capital improvements permitted by Article XI, sections 11 and 11b, of the Oregon Constitution. (b) Capital costs permitted by Article XI, section 11L, of the Oregon […]
Section 287A.350 – Public records.
The records of registered bond ownership, whether maintained by a public body or otherwise, are not public records within the meaning of ORS 192.311. [2007 c.783 §69; 2017 c.456 §10]
Section 287A.105 – Limitation on bonded indebtedness of county.
(1) A county may incur bonded indebtedness within the meaning of section 10, Article XI of the Oregon Constitution, by issuing revenue bonds when a county is expressly authorized to issue revenue bonds by a law other than this section. The amount of revenue bonds permitted by this section may not exceed the lesser of: […]
Section 287A.360 – Current refunding bonds.
(1) In addition to any other authority to issue refunding bonds, a public body may issue current refunding bonds to refund or purchase its outstanding bonds. (2) A public body may secure current refunding bonds with any of the revenues and covenants that the public body could have used to secure the refunded or purchased […]
Section 287A.140 – Ad valorem tax levy to pay general obligation bonds.
(1) In addition to other taxes imposed, a public body shall levy annually an ad valorem property tax on the taxable property within the boundaries of the public body in an amount that is sufficient, when added to other amounts available, to pay the principal of and interest on outstanding general obligation bonds issued by […]
Section 287A.365 – Advance refunding bonds and forward current refunding.
(1) The Legislative Assembly declares that the issuance of advance refunding bonds and the authority to effect a forward current refunding are matters of general statewide concern, and ORS 287A.360 to 287A.380 preempt all local statutory or charter authority to issue advance refunding bonds or to effect a forward current refunding. (2) A public body […]
Section 287A.145 – Misspent proceeds of general obligation bonds.
(1) If a court of competent jurisdiction determines that the proceeds of an issue of general obligation bonds have been used by a public body for expenditures that are not capital costs permitted by Article XI, section 11L, of the Oregon Constitution, or that are not costs of capital construction or capital improvements permitted by […]
Section 287A.150 – Authority of public body to issue revenue bonds.
(1) In addition to any other authority to issue revenue bonds, a public body may authorize revenue bonds by resolution or nonemergency ordinance pursuant to this section for a public purpose. (2) If revenue bonds are authorized by nonemergency ordinance, a public body may not sell the revenue bonds pursuant to this section until the […]