2007 Oregon Code - Chapter 280 :: Chapter 280 - Financing of Local Public Projects and Improvements - City and County Economic Development
Chapter 280 —
Financing of Local Public Projects and Improvements;
City and
County Economic Development
2007 EDITION
PUBLIC PROJECTS; CITY AND
PUBLIC FACILITIES, CONTRACTING &
INSURANCE
TAXATION FOR LOCAL PUBLIC IMPROVEMENTS
280.040Â Â Â Â Definitions
for ORS 280.040 to 280.145; use of certain tax revenues
280.050Â Â Â Â Providing
funds for financing cost of services, projects, property and equipment
280.055Â Â Â Â Obtaining
and advancing of funds to county service districts
280.057Â Â Â Â Local
option taxes for community colleges; maximum amount
280.060Â Â Â Â Levy
of local option taxes outside constitutional limitation; duration of levy;
approval of levy as approval of bonds
280.064Â Â Â Â Period
for use of revenues raised by local option tax
280.070Â Â Â Â Manner
of holding elections for local option tax or permanent rate limit; additional
statement in ballot title
280.075Â Â Â Â Ballot
statements for local option tax measures
280.080Â Â Â Â Contents
of order, resolution or ordinance calling election
280.090Â Â Â Â Submission
of several proposals to impose local option taxes
280.145Â Â Â Â Serial
levy under former law
280.150Â Â Â Â Appropriating
money and issuing bonds to construct, operate and maintain joint facilities
CITY AND COUNTY ECONOMIC DEVELOPMENT PROJECTS
(Cities)
280.410Â Â Â Â Definitions
for ORS 280.410 to 280.485
280.415Â Â Â Â Legislative
findings
280.420Â Â Â Â Eligibility
of projects for financing; standards; ordinance for applications
280.422Â Â Â Â Exception
to eligibility standards
280.424Â Â Â Â Bond-financed
single room occupancy rental housing to conform with federal law
280.425Â Â Â Â City
powers concerning property
280.430Â Â Â Â Contractual
powers of city; requirements for project loans and leases
280.431Â Â Â Â Required
condition of purchase for low income single room housing project
280.432Â Â Â Â Limitations
on housing loans from bond proceeds; discrimination; relocation; conversion
280.435Â Â Â Â Limitation
on city power
280.440Â Â Â Â Authority
to issue revenue bonds
280.445Â Â Â Â Factors
considered in determining whether to issue bonds
280.450Â Â Â Â Issuance
of bonds
280.455Â Â Â Â Administrative
expenses
280.460Â Â Â Â Refunding
bonds
280.465Â Â Â Â Validity
of bonds
280.470Â Â Â Â Covenants
in bonds
280.475Â Â Â Â Limitations
of bonds; recitals
280.480Â Â Â Â Powers
and rights of bondholders
280.482Â Â Â Â Report
required; content
280.485Â Â Â Â Effect
of ORS 280.410 to 280.485 on powers of city
(Counties)
280.500Â Â Â Â County
economic development plan; criteria
280.505Â Â Â Â Coordination
of plan with other local governments and plans
280.508Â Â Â Â County
public purpose revolving loan fund
(Lottery Financed Projects)
280.518Â Â Â Â Display
of information that program is financed by State Lottery
     280.010 [Repealed by 1983 c.260 §13]
     280.020 [Repealed by 1983 c.260 §13]
     280.030 [Repealed by 1983 c.260 §13]
TAXATION FOR
LOCAL PUBLIC IMPROVEMENTS
     280.040
Definitions for ORS 280.040 to 280.145; use of certain tax revenues. (1) As used in ORS 280.040 to 280.145:
     (a) “Local option tax” means a tax
described under section 11 (4) or (7)(c), Article XI of the Oregon
Constitution.
     (b) “Subdivision” includes only such
counties, municipal corporations, quasi-municipal corporations and civil or
political corporations or subdivisions as are empowered by law to levy ad
valorem property taxes, except that “subdivision” does not include an education
service district.
     (2) All ad valorem tax revenues that are
received by any subdivision as a result of a levy under ORS 280.040 to 280.090
and that are derived from an ad valorem tax levied for purposes other than
general operations shall be:
     (a) Kept by the treasurer or other
financial officer in a fund that is separate and distinct from other funds of
the subdivision.
     (b) Expended only for the purpose for
which the taxes were imposed. [Amended by 1997 c.541 §302; 1999 c.632 §21; 1999
c.1094 §1]
     280.050
Providing funds for financing cost of services, projects, property and equipment. Funds may be obtained as prescribed in ORS
280.040 to 280.145 for the purpose of financing the cost of any service,
project, property or equipment which a subdivision has lawful power to perform,
construct or acquire, and of repairs and improvements thereto and of
maintenance and replacement thereof. [Amended by 1967 c.203 §4]
     280.055
Obtaining and advancing of funds to county service districts. Funds may be obtained by a county as
prescribed by ORS 280.040 to 280.145 for the purpose of advancing funds to a
district established under ORS 451.410 to 451.610 to finance the cost of any
service facility which the district is authorized to construct, maintain and
operate. [1969 c.646 §17]
     280.057
Local option taxes for community colleges; maximum amount. A local option tax levied by a community
college district or community college service district may not exceed the
amount of reduction in ad valorem property taxes caused under ORS 310.200 to
310.242. [1997 c.541 §308b]
     Note: 280.057 was added to and made a part of
280.040 to 280.145 by legislative action but was not added to any smaller
series therein. See Preface to Oregon Revised Statutes for further explanation.
     280.060
Levy of local option taxes outside constitutional limitation; duration of levy;
approval of levy as approval of bonds. (1) Upon approval of a majority of the electors of a subdivision in a
manner that qualifies under section 11 (8), Article XI of the Oregon
Constitution, a subdivision may levy local option taxes outside the limitation
imposed by section 11 (3), Article XI, Oregon Constitution, over the period of
time that is authorized by the electors. The amount levied each year shall be:
     (a) Uniform, or substantially so,
throughout the period during which the taxes are levied; or
     (b) Computed annually at the same dollar
rate per thousand dollars assessed value in the subdivision, such rate to be
declared in and made a part of the ballot measure to be submitted to the
electorate.
     (2) Notwithstanding subsection (1) of this
section, a subdivision may certify for extension on the assessment and tax roll
under ORS 310.060 a lesser amount of local option tax or a lesser rate of local
option tax if the subdivision decides to collect less than the entire local
option tax authorized by electors. The subdivision shall certify the lesser
amount or rate in the written notice required to be made under ORS 310.060.
     (3)(a) The period of time authorized by
the electors shall not exceed five years or, if the local option tax is for
capital projects, the lesser of:
     (A) The expected useful life of the
capital projects to be financed by the tax; or
     (B) Ten years.
     (b) A local option tax for capital
projects does not exceed the expected useful life of the capital projects
financed by the tax if the estimated weighted average life of the tax does not
exceed the estimated dollar weighted average of the capital assets comprising
the capital projects that are to be financed by the tax. The estimated dollar
weighted average life of capital projects shall be calculated under rules of
the Department of Revenue that ensure that a local option tax for capital
projects is levied for no more than 10 years and no more than the useful life
of the component of the capital projects financed by the tax that has the
longest useful life.
     (4)(a) All local option taxes authorized
by ORS 280.040 to 280.145 that are for capital projects and that have a term of
more than five years shall be submitted to electors separately from local
option taxes with a term of five years or less.
     (b) For purposes of this subsection, “capital
project” means the acquisition of land upon which to construct an improvement,
the acquisition of a building, the acquisition or construction of improvements,
the acquisition of an addition to a building which increases the square footage
of the building, the construction of a building, the construction of an
addition to an existing building which increases the square footage of the
building or the acquisition of and installation of machinery and equipment
which will become an integral part of a building or an addition to a building,
the purchase of furnishings, equipment or other tangible property with an
expected useful life of more than one year or a combination of those items.
     (5) If a ballot measure authorizing a
local option tax states that the taxing district may issue bonds that are
payable from that tax, voter approval of the tax shall constitute voter
approval of the bonds, except that the approval shall not entitle the taxing
district to collect a greater amount of tax than the taxing district would have
been entitled to collect if the ballot measure only authorized local option
taxes and did not authorize bonds. If the local option tax is approved by
voters in a manner that qualifies under section 11 (8), Article XI of the
Oregon Constitution, then the taxing body may issue the bonds in a principal
amount that, together with the estimated interest to be paid on the bonds while
the bonds are outstanding, does not exceed the revenues estimated to be
received from the local option tax levy. A taxing district may pledge the
revenues received from the local option tax and the taxing districtÂ’s full
faith and credit to pay bonds authorized under this subsection. [Amended by
1953 c.134 §2; 1977 c.730 §1; 1979 c.241 §24; 1981 c.804 §79; 1989 c.658 §1;
1997 c.541 §303; 1999 c.21 §6; 1999 c.559 §4; 1999 c.1094 §2]
     280.064
Period for use of revenues raised by local option tax. Subject to ORS 294.305 to 294.565 and the
applicable provisions of a charter, ordinance or resolution of a subdivision, a
subdivision may use revenues raised by a local option tax beyond the period of
years during which the subdivision is authorized to levy the local option tax
if the revenue is used for the purpose authorized by the electors. [2003 c.195 §6]
     Note: 280.064 was added to and made a part of
280.040 to 280.145 by legislative action but was not added to any smaller
series therein. See Preface to Oregon Revised Statutes for further explanation.
     280.070
Manner of holding elections for local option tax or permanent rate limit;
additional statement in ballot title. (1) An election within a county for the purpose of approving a tax
levy or tax rate under ORS 280.060 shall be called by the county court or board
of county commissioners and shall be held on a date specified in ORS 203.085.
     (2) An election within a city for the
purpose of approving a tax levy or tax rate under ORS 280.060 or under section
11 (3)(c), Article XI of the Oregon Constitution, shall be called by the
governing body of the city and held on a date specified in ORS 221.230.
     (3) An election within a political
subdivision other than a county or city for the purpose of approving a tax levy
or tax rate under ORS 280.060 or under section 11 (3)(c), Article XI of the
Oregon Constitution, shall be called by the governing body of the subdivision
and held on a date specified in ORS 255.345.
     (4)(a) The ballot title for a measure
authorizing the imposition of local option taxes shall contain the following
additional statement:
______________________________________________________________________________
     This measure may cause property taxes to
increase more than three percent.
______________________________________________________________________________
     (b) The statement required by this
subsection may not be considered for purposes of the word count limitations
under ORS 250.035.
     (c) The statement required by this
subsection shall be placed after the question on the ballot title.
     (5) As part of the question, the ballot
title for a measure authorizing the imposition of local option taxes shall
state:
     (a) The length in years of the period
during which the proposed local option tax will be imposed.
     (b) The first fiscal year in which the
proposed local option tax will be imposed.
     (6) As part of the question, the ballot
title for a measure authorizing the establishment of a permanent rate
limitation shall contain the following information:
     (a) The tax rate per $1,000 of assessed
value of the proposed permanent rate limitation.
     (b) The first fiscal year in which the
proposed permanent rate limitation will be imposed.
     (7) The ballot title for a measure
authorizing the imposition of local option taxes or a permanent rate limitation
shall be in compliance with ORS 250.036. [Amended by 1983 c.350 §133; 1997
c.541 §304; 1999 c.632 §22; 2007 c.71 §82]
     280.075
Ballot statements for local option tax measures. (1) Notwithstanding any other law and when
not inconsistent with or otherwise provided for in the Oregon Constitution,
whenever a proposed local option tax is submitted to a vote of the people by
any subdivision, the statement in the ballot title for the measure that
explains the chief purpose of the measure and gives reasons for the measure
shall state the total amount of money to be raised by the proposed local option
tax, in dollars and cents. If the statement in the ballot title for the measure
submitted includes an estimated tax impact, it shall be based on the most
current estimate of assessed value from the county assessor. The measure shall
bear the statement: “The estimated tax cost for this measure is an ESTIMATE
ONLY based on the best information available from the county assessor at the
time of estimate.”
     (2) Subsection (1) of this section does
not apply to a local option tax described in ORS 280.060 (1)(b). For a levy
described in ORS 280.060 (1)(b), an estimate of the total amount of money to be
raised for each year of the proposed local option tax shall be stated in
dollars and cents. If the levy described in ORS 280.060 (1)(b) raises more
money than estimated, the excess collections above that estimate shall be
considered a budget resource for the levy fund in the next fiscal year of the
subdivision. This section does not apply to an election authorizing general
obligation bonds or the tax levies to repay general obligation bonds.
     (3) The statement or statements required
by subsections (1) and (2) of this section shall be added to and made a part of
the 175-word statement required by ORS 250.035. The number of words contained
in the statements described in subsections (1) and (2) of this section shall
not be included in the 175-word limitation. [Formerly 310.395; 2007 c.783 §92]
     Note: 280.075 was added to and made a part of
280.040 to 280.145 by legislative action but was not added to any smaller
series therein. See Preface to Oregon Revised Statutes for further explanation.
     280.080
Contents of order, resolution or ordinance calling election. The order, resolution or ordinance, as the
case may be, pursuant to which the election required by ORS 280.060 is called
and held, shall set forth:
     (1) The purpose for which the funds to be
provided by the tax levies are to be expended.
     (2) The estimated total outlay for such
purpose.
     (3) The period of time authorized by the
electors pursuant to ORS 280.060 (3). [Amended by 1977 c.730 §2; 1997 c.541 §305;
1999 c.1094 §3]
     280.090
Submission of several proposals to impose local option taxes. If more than one proposal to impose local
option taxes is submitted to the electors at the same election, the several
ballot measures shall be voted upon separately. However, not more than four
separate ballot measures proposing local option taxes may be submitted to the
electors under the provisions of ORS 280.040 to 280.145 within a single
calendar year. [Amended by 1979 c.241 §25; 1981 c.804 §80; 1999 c.21 §7]
     280.100 [Repealed by 1997 c.308 §38]
     280.110 [Repealed by 1997 c.308 §38 and 1997 c.541 §308c]
     280.120 [Repealed by 1997 c.308 §38 and 1997 c.541 §308c]
     280.130 [Repealed by 1997 c.308 §38 and 1997 c.541 §308c]
     280.140 [Repealed by 1997 c.308 §38]
     280.145
Serial levy under former law.
Notwithstanding the amendments to ORS 280.040, 280.060, 280.070 and 280.080 by
sections 302 to 305, chapter 541, Oregon Laws 1997, a serial levy described in
section 11 (7)(b), Article XI of the Oregon Constitution, may be levied by the
subdivision, including a school district, as provided in ORS 280.040 to 280.140
(1995 Edition). [1997 c.541 §308; 1999 c.21 §8]
     280.150
Appropriating money and issuing bonds to construct, operate and maintain joint
facilities. Incorporated
cities, school districts and counties of this state may jointly, in such manner
as they shall agree upon, construct, acquire, own, equip, operate and maintain
facilities which will directly aid each participating governmental unit in
performing a duty or duties imposed upon it or aid in exercising a power or
powers conferred upon it, and may appropriate money and may issue bonds
therefor.
     280.160 [Formerly 280.990; repealed by 1997 c.308 §38]
     280.250 [1985 c.806 §1; 1987 c.769 §14; renumbered
285.067 in 1991]
     280.255 [1985 c.806 §3; 1989 c.908 §28; renumbered
285.070 in 1991]
     280.260 [1985 c.806 §§2,4; 1989 c.908 §29;
renumbered 285.075 in 1991]
     280.265 [1985 c.806 §5; 1989 c.908 §30; renumbered
285.080 in 1991]
     280.270 [1985 c.806 §13; 1989 c.908 §31; renumbered
285.065 in 1991]
     280.310 [1975 c.316 §1; 1983 c.459 §1; renumbered
285.310 in 1991]
     280.315 [1975 c.316 §2; 1983 c.459 §2; 1989 c.908 §32;
renumbered 285.315 in 1991]
     280.320 [1975 c.316 §3; 1977 c.147 §1; 1979 c.182 §8;
1981 c.282 §1; 1983 c.459 §9; 1985 c.806 §6; 1987 c.158 §38; 1989 c.908 §33;
1991 c.878 §1; renumbered 285.320 in 1991]
     280.325 [1975 c.316 §4; 1989 c.908 §34; renumbered
285.325 in 1991]
     280.330 [1975 c.316 §10; 1989 c.547 §1; 1989 c.908 §35;
renumbered 285.330 in 1991]
     280.335 [1975 c.316 §7; 1983 c.459 §10; renumbered
285.335 in 1991]
     280.340 [1975 c.316 §8; 1989 c.908 §36; renumbered
285.340 in 1991]
     280.345 [1975 c.316 §9; 1983 c.459 §11; renumbered
285.345 in 1991]
     280.350 [1975 c.316 §6; 1983 c.459 §3; renumbered
285.350 in 1991]
     280.355 [1975 c.316 §5; 1977 c.147 §2; renumbered
285.355 in 1991]
     280.360 [1975 c.316 §11; 1983 c.459 §4; renumbered
285.360 in 1991]
     280.365 [1975 c.316 §12; renumbered 285.365 in 1991]
     280.370 [1975 c.316 §13; renumbered 285.370 in 1991]
     280.375 [1975 c.316 §14; renumbered 285.375 in 1991]
     280.380 [1975 c.316 §15; renumbered 285.380 in 1991]
     280.385 [1975 c.316 §16; 1983 c.459 §12; renumbered
285.385 in 1991]
     280.390 [1975 c.316 §17; 1979 c.284 §130; renumbered
285.390 in 1991]
     280.393 [1983 c.459 §6; 1989 c.908 §37; renumbered
285.393 in 1991]
     280.395 [1983 c.459 §7; 1989 c.966 §14; renumbered
285.395 in 1991]
     280.397 [1983 c.459 §8; 1985 c.806 §7; 1987 c.840 §5;
1989 c.908 §38; renumbered 285.397 in 1991]
CITY AND
COUNTY ECONOMIC DEVELOPMENT PROJECTS
(Cities)
     280.410
Definitions for ORS 280.410 to 280.485. As used in ORS 280.410 to 280.485 unless the context requires
otherwise:
     (1)(a) “Economic development project”
includes any properties, real or personal, used or useful in connection with a
revenue producing enterprise.
     (b) “Economic development project” also
includes multiple unit residential housing development, including low income
single room occupancy housing, on land having an assessed valuation of $8 per
square foot or more on September 13, 1975, land within a designated urban
renewal or redevelopment area formed pursuant to ORS chapter 457, or projects
which benefit low or moderate income tenants, or address slum and blight as
defined by the 1974 Housing and Community Development Act.
     (c) “Economic development project” shall
not include any facility or facilities designed primarily for the operation,
transmission, sale or distribution of electrical energy.
     (2) “Eligible project” means an economic
development project found by the city to meet standards adopted pursuant to ORS
280.410 to 280.485.
     (3) “City” means any city with a population
of 70,000 or more.
     (4) “Cost” as applied to any project
includes:
     (a) The cost of construction and
reconstruction;
     (b) The cost of acquisition of property,
including rights in land and other property, both real and personal and
improved and unimproved and the cost of site improvements;
     (c) The cost of demolishing, removing or
relocating any buildings or structures on lands so acquired, including the cost
of acquiring any lands to which the buildings or structures may be moved or
relocated;
     (d) The cost of eligible machinery and
equipment and related financing charges;
     (e) The cost of engineering and
architectural surveys, plans and specifications;
     (f) The cost of financing charges and
interest prior to and during construction, and if deemed advisable by the city
for a period not exceeding one year after completion of construction; and
     (g) The cost of consultant and legal
services, other expenses necessary or incident to determining the feasibility
or practicability of constructing a project, administrative and other expenses
necessary or incident to the construction of the project, including, but not
limited to, costs of relocation and moving expenses according to a project plan
developed by the city, and the financing of the construction of the project
thereof, including reimbursement to any state or other governmental agency or
any lessee of such project for the expenditures made with the approval of the
city that would be costs of the project under ORS 280.410 to 280.485 had they
been made directly by the city.
     (5) “Low income” means an income not
exceeding 80 percent of the prevailing median income, based on family size,
within the city. [1977 c.772 §2; 1979 c.865 §1; 1981 c.368 §1; 1991 c.560 §1;
2003 c.286 §1]
     280.415
Legislative findings. The
Legislative Assembly finds that:
     (1) Cities with a population of 70,000 or
more should be granted the powers granted to the state by ORS 285B.320 to
285B.371 in order to reduce substantially within their boundaries the
occurrence of economic conditions requiring more expensive remedial action.
There exist in
     (2) The lack of residential housing in the
core and inner areas of
     (3) Cities with a population of 70,000 or
more suffer from a lack of available mortgage financing for the purchase of
multiple unit homes in such cities. There is a need for a low-cost mortgage
financing for multiple unit home purchasers in order to prevent urban decay and
blight and to promote the economic well-being of those cities. [1977 c.772 §1;
1979 c.865 §2; 1981 c.368 §2; 2003 c.286 §2]
     280.417 [1979 c.865 §2b; repealed by 2003 c.286 §10]
     280.420
Eligibility of projects for financing; standards; ordinance for applications. Prior to exercising any power granted by ORS
280.410 to 280.485 the governing body of a city shall:
     (1) Adopt by ordinance standards to
determine the eligibility of economic development projects. In determining such
standards, the governing body shall consider all relevant data without giving
priority to one factor over others. The governing body may consider but is not
limited to the following:
     (a) Density of use and potential impact in
the area affected by the proposed project;
     (b) City’s ability to support other needed
services resulting from economic development projects;
     (c) Effect of economic development
projects on balanced economic development of the city;
     (d) Employment opportunities; and
     (e) Suitability of various areas in the
city for particular types of economic development projects.
     (2) Adopt by ordinance procedures for the
acceptance and processing of applications for consideration of the eligibility
of economic development projects. The ordinance shall state what city officers
shall receive such applications and shall provide for the content of any application
form. [1977 c.772 §3]
     280.422
Exception to eligibility standards. Low income single room occupancy housing projects need not meet the
standards of an eligible project and any city standards adopted pursuant to ORS
280.410 to 280.485. [1981 c.368 §6]
     280.424
Bond-financed single room occupancy rental housing to conform with federal law. Single room occupancy rental housing
financed with bonds authorized by ORS 280.410, 280.415, 280.422 to 280.425 and
280.431 must conform to the requirements of the Federal Mortgage Subsidy Bond
Tax Act of 1980. [1981 c.368 §8; 2003 c.286 §8]
     280.425
City powers concerning property. In carrying out the provisions of ORS 280.410 to 280.485, a city may:
     (1) Acquire by agreement, donation or
exercise of eminent domain, 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 permanently or used exclusively on such
lands or in such buildings, which are deemed necessary in connection with an
eligible project to be situated within the city and construct, reconstruct,
improve, better and extend such projects, and enter into contracts therefor.
     (2) Sell and convey all properties
acquired in connection with eligible projects, including without limitation the
sale and conveyance thereof subject to any mortgage and the sale and conveyance
thereof under an option granted to the lessee of the eligible project, for such
price, and at such time as the city may determine. However, no sale or
conveyance of such properties shall ever be made in such manner as to impair
the rights of interests of the holder, or holders, of any bonds issued under
the authority of ORS 280.410 to 280.485.
     (3) Make or participate in the making of loans,
including mortgage loans, to provide for the construction, substantial
rehabilitation or permanent financing of eligible projects and undertake
commitments to make such loans. Mortgage loans under this section may include
loans for the development of multiple unit residential housing and low income
single room occupancy housing to housing sponsors qualified under standards
adopted by the city pursuant to ORS 280.410 to 280.485.
     (4) For mortgage loans under subsection
(3) of this section and ORS 280.430 (5), purchase and sell those mortgage loans
at public or private sale; modify or alter such mortgages; foreclose on any
such mortgage or security interest or commence any action to protect or enforce
any right conferred upon the city by any law, mortgage, security, agreement,
contract or other agreement and bid for and purchase property that is subject
to such mortgage or security interest at any foreclosure or other sale; acquire
or take possession of any such property and complete, administer, pay the
principal and interest on any obligations incurred in connection with such
property and dispose of such property in such a manner as the city determines
necessary to protect its interest under ORS 280.410 to 280.485. [1977 c.772 §5;
1979 c.865 §3; 1981 c.368 §3; 2003 c.286 §3]
     280.430
Contractual powers of city; requirements for project loans and leases. In addition to any other powers granted by
law or charter, a city may:
     (1) Make loans from bond proceeds to
finance eligible projects or lease or sublease eligible projects to any person,
firm or public or private corporation or federal or state governmental
subdivision or agency. Such agreement shall provide that:
     (a) The borrower or lessee shall operate,
repair and maintain the project which is leased or financed with the loan;
     (b) Rents to be charged for the use of the
projects shall be fixed, and revised from time to time as necessary, so as to
produce income and revenue sufficient to provide for the prompt payment when
due of principal of, and interest on, all bonds issued under ORS 280.410 to
280.485;
     (c) The loan or lease shall terminate not
earlier than the date on which all bonds and all other obligations incurred by
the local agency in connection with the project or projects leased or financed
by the loan shall be paid in full, including interest, principal and redemption
premiums, if any, or adequate funds for such payment are deposited in trust;
     (d) The lessee’s obligation to pay rent
shall not be subject to cancellation, termination or abatement by the lessee
until payment of the bonds or provision for payments is made;
     (e) The lessee shall be required to
provide adequate insurance in the project and insurance against all liability
for injury to persons or property arising from its operation; and
     (f) The lessee shall pay all taxes and
special assessments levied upon or with respect to the leased premises and
payable during the term of the lease, during which term ad valorem taxes shall
be assessed in the same amount and to the same extent as though the lessee were
the owner of all real and personal property comprising the project;
     (2) Acquire, sell and enter into
installment sale contracts for eligible projects and land sale contracts for
eligible projects;
     (3) Pledge and assign to the holders of
such bonds or a trustee therefor all or any part of the revenues of one or more
eligible projects owned or to be acquired by the city and define and segregate
such revenues or provide for the payment thereof to a trustee;
     (4) Mortgage or otherwise encumber
eligible projects in favor of the holders of such bonds or a trustee therefor.
However, in creating any such mortgages or encumbrances the city can not
obligate itself except with respect to the project;
     (5) Purchase, service, sell and make commitments
to purchase, service and sell mortgage loans originated by private lending
institutions for residential housing for owner-occupied dwelling units in the
form of condominium or cooperative interests in multiple unit housing projects
located within the areas specified in ORS 280.410 (1)(b) to persons whose
income does not exceed 150 percent of the prevailing median income for families
within the city, whether or not the projects are financed in whole or in part
pursuant to ORS 280.410 to 280.485. A city shall equitably allocate the
origination and servicing of mortgages under this subsection to private lending
institutions in accordance with standards adopted by the city;
     (6) Make all contracts, execute and
deliver all instruments, including any loan agreements or notes, and do all
things necessary or convenient in the exercise of the powers granted by this
section, or in the performance of its covenants or duties, or in order to
secure the payment of its bonds, including a contract entered into prior to the
construction, acquisition and installation of the eligible project authorizing
the borrower or lessee, subject to such terms and conditions as the city shall
find necessary or desirable and proper, to provide for the construction,
acquisition and installation of the buildings, improvements and equipment to be
included in the project by any means available to the borrower or lessee and in
the manner determined by the borrower or lessee, and without advertisement for
bids as may be required for the construction, acquisition or installation of
other public facilities;
     (7) Perform any other duties that the city
considers necessary in carrying out ORS 280.410 to 280.485, including but not
limited to, efforts to minimize the effects of displacement of residents
resulting from projects financed under ORS 280.425 (3);
     (8) Enter into and perform such contracts
and agreements with political subdivisions and state agencies as the respective
governing bodies of the same may consider proper and feasible for or concerning
the planning, construction, installation, lease, or other acquisition, and the
financing of such facilities, which contracts and agreements may establish a
board, commission or such other body as may be deemed proper for the
supervision and general management of the facilities of the eligible project;
and
     (9) Accept from any authorized agency of
the federal government loans or grants for the planning, construction,
acquisition, leasing, or other provision of any eligible project, and enter
into agreements with such agency respecting such loans or grants. [1977 c.772 §4;
1979 c.865 §4; 2003 c.286 §4]
     280.431
Required condition of purchase for low income single room housing project. Low income single room occupancy housing
projects shall not be sold to any purchaser who does not agree as a condition
of purchase to maintain the property as low income single room occupancy
housing for at least 30 years or the term of the mortgage, whichever period is
shorter. [1981 c.368 §7]
     280.432
Limitations on housing loans from bond proceeds; discrimination; relocation;
conversion. (1) Cities, in
purchasing or servicing or making commitments to purchase or service
residential mortgage loans under ORS 280.430 (5), shall not participate in the
refinancing of housing by existent owners or purchasers of that housing and
shall not allow the assumption of those loans by persons not eligible for them.
     (2) No owner-purchaser shall have more
than one mortgage loan under ORS 280.430 (5) outstanding at any time.
     (3) No city shall make or participate in
the making of a mortgage loan to a multiple unit residential housing project
under ORS 280.425 (3) unless the housing sponsor has agreed to not discriminate
against any dwelling unit purchaser or tenant who is a parent or legal guardian
with whom a child resides or is expected to reside. This subsection shall not
apply to housing projects occupied exclusively by households, the heads of
which are 62 years of age or older.
     (4) Regardless of the ownership of
property used for a multiple unit housing project financed under ORS 280.425
(3), a city shall, in financing the project, provide a plan for relocation of
displaced persons.
     (5) A city shall not finance projects
under ORS 280.425 (3) which result in the conversion of existing occupied
residential rental units to cooperative or condominium projects. [1979 c.865 §2d]
     280.435
Limitation on city power.
Except as provided in ORS 280.425 (2), the city shall not have power to operate
any eligible project as a business or in any manner whatsoever, and nothing in
ORS 280.410 to 280.485 authorizes the city to expend any funds on any eligible
project, other than the revenues of such projects, or the proceeds of revenue
bonds issued hereunder, or other funds granted to or appropriated by the city
for the purposes of an eligible project. [1977 c.772 §6; 2003 c.286 §5]
     280.440
Authority to issue revenue bonds. (1) A city may authorize and issue revenue bonds secured by revenues
from eligible economic development projects to finance or refinance in whole or
part the cost of acquisition, construction, reconstruction, improvement or
extension of projects. The bonds shall be identified by project.
     (2) A city may also authorize and issue
revenue bonds secured by revenues from mortgage payments by purchasers of units
within multiple unit housing projects. Such housing bonds need not be
identified by project but may include more than one project or purpose within a
single bond issue.
     (3) In issuing bonds under this section,
the city shall designate an underwriter, trustee and bond counsel and enter
into appropriate agreements with each to carry out the provisions of ORS
280.410 to 280.485. The bonds shall be issued in the manner prescribed by law
and refunding bonds may be issued to refinance such revenue bonds. [1977 c.772 §7;
1979 c.865 §5]
     280.442 [1979 c.865 §2c; 1981 c.368 §4; 1987 c.696 §1;
repealed by 2003 c.286 §10]
     280.445
Factors considered in determining whether to issue bonds. In determining whether to issue revenue
bonds under ORS 280.410 to 280.485, the governing body of the city shall
consider:
     (1) The bond market for the types of bonds
proposed for issuance.
     (2) The terms and conditions of the
proposed issue.
     (3) Whether the borrower, lessee or
purchaser is financially responsible and fully capable and willing to fulfill
its obligations under the loan agreement, agreement of lease or contract,
including the obligation to pay rent in the amounts and at the times required,
the obligation to operate, repair and maintain at its own expense the project
financed, leased or sold, and to serve the purposes of ORS 280.410 to 280.485
and such other responsibilities as may be imposed under the loan agreement,
lease or contract. In determining financial responsibility of the borrower, lessee
or purchaser, consideration shall be given to the borrowerÂ’s, lesseeÂ’s or
purchaserÂ’s ratio of current assets to current liabilities, net worth, earning
trends, coverage of all fixed charges, the nature of the industry or business
involved, its inherent stability, any guarantee of the obligations by some
other financially responsible corporation, firm or person, and other factors
determinative of the capability of the borrower, lessee or purchaser,
financially and otherwise, to fulfill its obligations consistently with the
purposes of ORS 280.410 to 280.485.
     (4) Such other relevant factors as the
governing body considers necessary to protect the financial integrity of the
city. [1977 c.772 §8; 2003 c.286 §6]
     280.450
Issuance of bonds. Bonds
authorized under ORS 280.410 to 280.485 shall be issued in accordance with the
provisions of the charter of the city relating to bonds payable from income of
revenue producing facilities. Bond issues may mature at any time within 40
years from the date of issue. Bonds shall be issued as prescribed in ORS
chapter 287A. [1977 c.772 §9; 1979 c.865 §6; 1981 c.94 §16; 2007 c.783 §93]
     280.455
Administrative expenses. The
administrative expenses of the city with respect to bonds issued under ORS
280.410 to 280.485 shall be charged against bond proceeds or project revenues. [1977
c.772 §10]
     280.460
Refunding bonds. The city
shall have the power, whenever it deems refunding expedient, to refund any
bonds issued under ORS 280.410 to 280.485 by the issuance of new bonds, whether
the bonds to be refunded have or have not matured. The refunding bonds may be
exchanged for bonds to be refunded and the proceeds applied to the purchase,
redemption or payment of such bonds. [1977 c.772 §11]
     280.465
Validity of bonds. The
validity of bonds issued under ORS 280.410 to 280.485 shall not be dependent on
or be affected by the validity or regularity of any proceeding relating to the
acquisition, purchase, lease, construction, installation, reconstruction,
improvement, betterment or extension of the eligible project for which the
bonds are issued. The official action authorizing such bonds may provide that
the bonds shall contain a recital that they are issued pursuant to ORS 280.410
to 280.485 and such recital shall be conclusive evidence of their validity and
of the regularity of their issuance. [1977 c.772 §12]
     280.470
Covenants in bonds. The
official action authorizing the issuance of bonds under ORS 280.410 to 280.485
to finance or refinance in whole or in part, the acquisition, construction,
installation, reconstruction, improvement, betterment or extension of any
eligible project may contain covenants, notwithstanding that such covenants may
limit the exercises of powers conferred by ORS 280.410 to 280.485 in the
following respects and in such other respects as the city may decide:
     (1) The rents to be charged for the use of
properties acquired, constructed, installed, reconstructed, improved, bettered
or extended under the authority of ORS 280.410 to 280.485;
     (2) The use and disposition of the
revenues of such projects;
     (3) The creation and maintenance of
sinking funds and the regulation, use and disposition thereof;
     (4) The creation and maintenance of funds
to provide for maintaining the eligible project and replacement of properties
depreciated, damaged, destroyed or condemned;
     (5) The purpose or purposes to which the
proceeds of sale of bonds may be applied and the use and disposition of such
proceeds;
     (6) The nature of mortgages or other
encumbrances on the eligible project made in favor of the holder or holders of
such bonds or a trustee therefor;
     (7) The events of default and the rights
and liabilities arising thereon and the terms and conditions upon which the
holders of any bonds may bring any suit or action on such bonds or on any
coupons appurtenant thereto;
     (8) The issuance of other or additional
bonds or instruments payable from or constituting a charge against the revenue
of the eligible project;
     (9) The insurance to be carried upon the
eligible project and the use and disposition of insurance moneys;
     (10) The keeping of books of account and
the inspection and audit thereof;
     (11) The terms and conditions upon which
any or all of the bonds shall become or may be declared due before maturity and
the terms and conditions upon which such declaration and its consequences may
be waived;
     (12) The rights, liabilities, powers and
duties arising upon the breach by the municipality or redevelopment agency of
any covenants, conditions or obligations;
     (13) The appointing of and vesting in a
trustee or trustees of the right to enforce any covenants made to secure or to
pay the bonds; the powers and duties of such trustee or trustees, and the
limitation of their liabilities;
     (14) The terms and conditions upon which
the holder or holders of the bonds, or the holders of any proportion or
percentage of them, may enforce any covenants made under ORS 280.410 to
280.485;
     (15) A procedure by which the terms of any
official action authorizing bonds or of any other contract with bondholders,
including but not limited to an indenture of trust or similar instrument, may
be amended or abrogated, and the amount of bonds the holders of which may
consent thereto, and the manner in which such consent may be given; and
     (16) The subordination of the security of
any bonds issued under ORS 280.410 to 280.485 and the payment of principal and
interest thereof, to the extent deemed feasible and desirable by the city, to
other bonds or obligations of the city issued to finance the eligible project or
that may be outstanding when the bonds thus subordinated are issued and
delivered. [1977 c.772 §13]
     280.475
Limitations of bonds; recitals.
(1) Revenue bonds issued under ORS 280.410 to 280.485:
     (a) Shall not be payable from nor charged
upon any funds other than the revenue pledged to the payment thereof, except as
provided in this section, nor shall the city be subject to any liability
thereon. No holder or holders of such bonds shall ever have the right to compel
any exercise of the taxing power of the city to pay any such bonds or the
interest thereon, nor to enforce payment thereof against any property of the
city except those projects or portions thereof, mortgaged or otherwise
encumbered under the provisions and for the purposes of ORS 280.410 to 280.485.
     (b) Shall not constitute a charge, lien or
encumbrance, legal or equitable, upon any property of the city, except those
eligible projects, or portions thereof, mortgaged or otherwise encumbered,
under the provisions and for the purposes of ORS 280.410 to 280.485.
     (2) Each bond issued under ORS 280.410 to
280.485 shall recite in substance that the bond, including interest thereon, is
payable solely from the revenue pledged to the payment thereof, and that no
such bond shall constitute a debt of the city or a lending of the credit of the
city within the meaning of any constitutional or statutory limitation. However,
nothing in ORS 280.410 to 280.485 is intended to impair the rights of holders
of bonds to enforce covenants made for the security thereof as provided in ORS
280.480. [1977 c.772 §14]
     280.480
Powers and rights of bondholders. Subject to any contractual limitation binding upon the holders of any
issue of revenue bonds, or a trustee therefor, including but not limited to the
restriction of the exercise of any remedy to a specified proportion or
percentage of such holders, any holder of bonds, or any trustee therefor, for
the equal benefit and protection of all bondholders similarly situated, may:
     (1) By action or proceeding for legal or
equitable remedies, enforce their rights against the city and any of its
officers, agents and employees, and may require and compel the city or any such
officers, agents or employees to perform and carry out its and their duties and
obligations under ORS 280.410 to 280.485 and its and their covenants and
agreements with bondholders;
     (2) By action, require the city to account
as if it was the trustee of an express trust;
     (3) By action, enjoin any acts or things
which may be unlawful or in violation of the right of the bondholders;
     (4) Bring action upon the bonds;
     (5) Foreclose any mortgage or lien given
under the authority of ORS 280.410 to 280.485 and cause the property standing
as security to be sold under any proceedings permitted by law or equity; and
     (6) Exercise any right or remedy conferred
by ORS 280.410 to 280.485 without exhausting and without regard to any other
right or remedy conferred by ORS 280.410 to 280.485 or any other law of this
state, none of which rights and remedies is intended to be exclusive of any
other, and each is cumulative and in addition to every other right and remedy. [1977
c.772 §15; 1979 c.284 §131]
     280.482
Report required; content. A
city shall report to the State Housing Council and the Legislative Assembly,
not later than February 1 of each odd-numbered year on the disposition within
that city of the proceeds of bonds issued for the purposes of making mortgage
loans under ORS 280.425 (3) and 280.430 (5). The report shall, as a minimum,
identify the population, income levels and areas served by the housing program,
the length of residence in dwellings purchased under the program and the degree
to which the city considers the programÂ’s initial objectives have been
achieved. The report shall be reviewed by the State Housing Council and the
council shall make its comments on the report known to the city and the
Legislative Assembly. [1979 c.865 §7; 2003 c.286 §9]
     280.485
Effect of ORS 280.410 to 280.485 on powers of city. ORS 280.410 to 280.485 is additional,
alternative and supplemental authority for cities with a population of 70,000
or more and shall not abrogate any power, right or authority otherwise granted
by law or charter to such cities. [1977 c.772 §16; 2003 c.286 §7]
(Counties)
     280.500
County economic development plan; criteria. In addition to, and not in lieu of, any of the powers granted counties
under the laws of this state, a county may develop and implement a program of
economic development. To do so, a county shall have the power to:
     (1) Following public hearings, adopt an
economic development plan, either through its own efforts or in combination
with other public bodies and advisory committees, which plan, if adopted,
shall:
     (a) Recognize and reflect the need for
adequate employment and income for residents, considering both present and
expected future population levels.
     (b) Clearly state community economic goals
and provide a detailed program to carry out those goals.
     (c) Be based on an analysis of the present
and expected future economic base, which analysis shall consider, but not be
limited to, natural resources, human resources, industrial and commercial
structure, land use and ownership, public facilities and services,
transportation, housing, availability of capital and regional economic interactions.
     (d) Provide industrial and commercial
sites suitable for the expected future amount and type of growth and expansion
and appropriate for their intended purpose, site size and site distribution,
transportation access and available services.
     (e) Consider housing in the area and show
the availability of housing is sufficient for the projected workforce increase
or include definitive plans for expanding the housing stock to meet the
anticipated workforce growth.
     (f) Stress cost-effectiveness and the need
for a timely government response to private sector development efforts.
     (g) Set forth the boundaries the economic
development plan encompasses, if different from county boundaries.
     (2) Assemble, hold and develop sites and
facilities for industrial and commercial activities as provided in ORS 271.510
to 271.540, with the power to make available real property to private or public
entities at a value determined by the county to be its fair market value. [1979
c.182 §1; 1991 c.878 §2]
     280.505
Coordination of plan with other local governments and plans. In developing and implementing a plan of
economic development under ORS 280.500, a county shall:
     (1) Provide that each city within the plan
boundaries may by resolution of the city governing body become a part of, or
exclude itself from, the economic development plan within the city.
     (2) Assure that all city governing bodies
wishing to participate are fairly represented in the development of an economic
development plan.
     (3) Assure that an economic development
plan considers and is coordinated with the economic development programs of
cities, port districts and other public entities.
     (4) Assure that the economic development
plan considers and is coordinated with all relevant local comprehensive plans
and planning efforts. [1979 c.182 §2]
     280.507 [1987 c.584 §2; 1991 c.11 §3; renumbered
285.680 in 1991]
     280.508
County public purpose revolving loan fund. When moneys are received by a county upon condition or with the intent
of the receiving county that the moneys be used for a public purpose revolving
loan fund, the county may dedicate the moneys for the purposes of the revolving
loan fund and payment of the expenses of administering the fund by enacting an
ordinance that:
     (1) Establishes a separate fund into which
all moneys to be used for economic development revolving loans or grants may be
deposited together with proceeds, including loan fees and interest, received
from processing and repayment of such loans;
     (2) Specifies the public purpose and the
scope and limitation of uses of moneys in the fund; and
     (3) Provides for distribution of fund
assets if the governing body of the county determines, after a public hearing,
that dissolution of the fund is in the best interests of the public. [1991
c.332 §1]
     280.510 [1987 c.584 §1; renumbered 285.683 in 1991]
     280.513 [1987 c.584 §3; renumbered 285.685 in 1991]
     280.515 [1987 c.584 §4; renumbered 285.687 in 1991]
     280.517 [1987 c.584 §5; renumbered 285.690 in 1991]
(Lottery
Financed Projects)
     280.518
Display of information that program is financed by State Lottery. Any economic development program financed
with proceeds from the state lottery authorized by section 4, Article XV of the
Oregon Constitution, and ORS chapter 461 shall have displayed conspicuously on
the site or as part of the program information specifying that the program is
being financed by the state lottery. [Formerly 284.430 and then 461.710 in
1991]
     280.520 [1981 c.286 §1; 1983 c.41 §3; 1989 c.547 §2;
1989 c.908 §39; 1989 c.1085 §10; 1991 c.11 §4; renumbered 285.403 in 1991]
     280.522 [1981 c.286 §2; 1983 c.41 §4; 1989 c.908 §40;
renumbered 285.405 in 1991]
     280.523 [1983 c.41 §2; 1989 c.908 §41; renumbered
285.407 in 1991]
     280.525 [1981 c.286 §3; 1983 c.41 §4a; 1989 c.908 §42;
renumbered 285.410 in 1991]
     280.530 [1981 c.286 §4; repealed by 1983 c.41 §14]
     280.532 [1981 c.286 §5; 1983 c.41 §5; 1985 c.806 §8;
1987 c.769 §15; 1989 c.1015 §23; 1989 c.1043 §12; 1989 c.1085 §11; 1991 c.11 §18;
1991 c.67 §§69,70; 1991 c.878 §3; renumbered 285.413 in 1991]
     280.535 [1981 c.286 §6; 1983 c.41 §6; 1985 c.806 §9;
1989 c.908 §44; 1989 c.1085 §12; 1991 c.209 §§1,2; renumbered 285.415 in 1991]
     280.540 [1981 c.286 §7; 1983 c.41 §6a; 1985 c.806 §10;
1989 c.908 §45; renumbered 285.417 in 1991]
     280.542 [1981 c.286 §8; 1983 c.41 §7; renumbered
285.420 in 1991]
     280.545 [1981 c.286 §9; 1983 c.41 §7a; 1989 c.908 §47;
renumbered 285.423 in 1991]
     280.547 [1989 c.455 §5; renumbered 285.425 in 1991]
     280.550 [1981 c.286 §10; 1989 c.908 §48; renumbered
285.427 in 1991]
     280.552 [1981 c.286 §11; 1983 c.41 §7b; 1989 c.908 §49;
renumbered 285.430 in 1991]
     280.555 [1981 c.286 §12; 1989 c.908 §50; 1989 c.1085
§13; renumbered 285.433 in 1991]
     280.560 [1981 c.286 §13; 1983 c.41 §8; 1989 c.908 §51;
renumbered 285.435 in 1991]
     280.565 [1981 c.286 §14; 1983 c.41 §9; 1989 c.908 §52;
renumbered 285.437 in 1991]
     280.570 [1981 c.286 §15; 1983 c.41 §10; 1989 c.908 §53;
renumbered 285.440 in 1991]
     280.575 [1981 c.286 §16; 1983 c.41 §11; 1983 c.459 §16;
1985 c.806 §15; 1989 c.908 §54; 1989 c.966 §15; 1989 c.1085 §14; renumbered
285.443 in 1991]
     280.580 [1981 c.286 §17; 1983 c.41 §12; renumbered
285.445 in 1991]
     280.585 [1981 c.286 §18; 1983 c.41 §13; renumbered
285.447 in 1991]
     280.610 [1977 c.839 §1; 1979 c.182 §9; repealed by
1987 c.769 §20]
     280.620 [1977 c.839 §2; repealed by 1987 c.769 §20]
     280.630 [1977 c.839 §3; 1979 c.412 §3; repealed by
1987 c.769 §20]
     280.640 [1977 c.839 §4; repealed by 1987 c.769 §20]
     280.645 [1979 c.412 §2; repealed by 1987 c.769 §20]
     280.650 [1977 c.839 §5; 1979 c.182 §10; 1979 c.412 §4a;
1985 c.806 §18; repealed by 1987 c.769 §20]
     280.660 [1977 c.839 §6; repealed by 1987 c.769 §20]
     280.670 [1977 c.839 §6a; repealed by 1987 c.769 §20]
     280.710 [1981 c.505 §1; 1989 c.851 §2; renumbered
285.465 in 1991]
     280.715 [1981 c.505 §2; renumbered 285.467 in 1991]
     280.720 [1981 c.505 §3; 1989 c.851 §3; 1989 c.908 §56;
renumbered 285.470 in 1991]
     280.725 [1981 c.505 §4; renumbered 285.473 in 1991]
     280.730 [1981 c.505 §5; 1989 c.851 §4; renumbered
285.475 in 1991]
     280.735 [1981 c.505 §6; 1989 c.851 §5; renumbered
285.477 in 1991]
     280.740 [1981 c.505 §7; renumbered 285.480 in 1991]
     280.775 [1989 c.136 §2; renumbered 285.453 in 1991]
     280.780 [1989 c.136 §3; 1991 c.11 §5; renumbered
285.450 in 1991]
     280.785 [1989 c.136 §4; renumbered 285.457 in 1991]
     280.790 [1989 c.136 §5; renumbered 285.460 in 1991]
     280.795 [1989 c.136 §6; renumbered 285.463 in 1991]
     280.905 [1983 c.689 §1; renumbered 285.500 in 1991]
     280.910 [1983 c.689 §2; subsection (4) enacted as
1983 c.518 §4; renumbered 285.503 in 1991]
     280.920 [1989 c.1085 §1; 1991 c.4 §1; renumbered
285.510 in 1991]
     280.923 [1989 c.1085 §2; 1991 c.4 §2; renumbered
285.507 in 1991]
     280.926 [1989 c.1085 §4; 1991 c.4 §3; renumbered
285.513 in 1991]
     280.929 [1989 c.1085 §5; 1991 c.4 §5; renumbered
285.515 in 1991]
     280.932 [1989 c.1085 §6; 1991 c.4 §6; renumbered
285.517 in 1991]
     280.935 [1989 c.1085 §7; 1991 c.4 §7; renumbered
285.520 in 1991]
     280.938 [1989 c.1085 §8; 1991 c.4 §8; renumbered
285.523 in 1991]
     280.941 [1989 c.1085 §9; 1991 c.4 §9; renumbered
285.525 in 1991]
     280.944 [1989 c.1085 §3; 1991 c.4 §10; renumbered
285.527 in 1991]
     280.947 [1989 c.1085 §16 (enacted in lieu of 1985
c.806 §16); renumbered 285.530 in 1991]
     280.960 [1989 c.455 §1; renumbered 285.533 in 1991]
     280.963 [1989 c.455 §2; renumbered 285.535 in 1991]
     280.966 [1989 c.455 §3; renumbered 285.537 in 1991]
     280.990 [Amended by 1979 c.284 §132; renumbered
280.160 in 1991]
_______________
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