There is a newer version of the Oregon Revised Statutes
2013 Oregon Revised Statutes
Volume : 11 - Public Health, Housing, Environment
Chapter 458 - Housing and Community Services Programs; Individual Development Accounts
Section 458.460 - Bidding procedure for multiple applicants.
OR Rev Stat § 458.460 (2013) What's This?
In the event that more than one housing authority or appropriate nonprofit organization is interested in a building available for transfer under ORS 458.405 to 458.460, the state or its agency shall conduct a bidding process that takes into account:
(1) The entity most capable of delivering services and housing options to conform with the purpose of ORS 458.405 to 458.460;
(2) The fiduciary obligation of the state and its agencies to bondholders; and
(3) Financial prudence. [1989 c.440 §10]
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