2011 Oregon Revised Statutes
ORS Volume 11, Chapters 431 - 470
ORS Chapter 457
Sec. 335e. Bonded indebtedness if project agreed to prior to September 29, 1991.
Notwithstanding ORS 457.190, an urban renewal agency may issue bonded indebtedness to undertake an urban renewal project to carry out an urban renewal plan if, prior to September 29, 1991, a written contract or other written agreement for the project was made, the instrument setting forth the contract or agreement was executed and the parties were bound. The urban renewal agency of the municipality may use any of the money available to it from the issuance of the bonds for carrying out the project in accordance with the contract or agreement. [1991 c.459 335e; 1997 c.541 446a]
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