Section 287A.010 – Powers conveyed to public bodies.

The powers conveyed to public bodies by ORS 287A.001 to 287A.380 are in addition to any other powers possessed by public bodies and do not limit those other powers. [2007 c.783 §68]

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.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.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.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.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 […]

Section 287A.180 – Short-term borrowing by public body.

(1) In addition to any other authority to issue revenue bonds, but subject to applicable limitations imposed by the Oregon Constitution or the charter or ordinance of the public body, a public body may issue revenue bonds pursuant to this section: (a) In anticipation of tax revenues or other moneys; (b) To provide interim financing […]

Section 287A.195 – Compliance with constitutional or statutory debt limits.

(1) When calculating compliance with a constitutional or statutory debt limit for a public body: (a) The amount of interest to be paid on bonds, whether paid currently or deferred, is not taken into account. (b) For a zero coupon bond or other original discount bond on which periodic interest payments are not made, only […]