2011 Oregon Revised Statutes
ORS Volume 7, Chapters 261- 304
ORS Chapter 286a
286A.780 Definitions for ORS 286A.780 to 286A.792.

As used in ORS 286A.780 to 286A.792, unless the context requires otherwise:

(1) Article XI-N bonds means general obligation bonds or other general obligation indebtedness issued or incurred under the authority of Article XI-N of the Oregon Constitution.

(2) Bond administration fund means the Article XI-N Bond Administration Fund established under ORS 286A.786.

(3) Bond fund means the Article XI-N Bond Fund established under ORS 286A.784.

(4) Bond-related costs means:

(a) The costs of paying the principal of, the interest on and the premium, if any, on Article XI-N bonds;

(b) The costs and expenses of issuing, administering and maintaining Article XI-N bonds including, but not limited to, redeeming Article XI-N bonds and paying amounts due in connection with bond insurance, other credit enhancements or the administrative costs and expenses of the State Treasurer and the Oregon Department of Administrative Services, including costs of consultants or advisers retained by the State Treasurer or the department for the purpose of issuing, administering or maintaining Article XI-N bonds;

(c) Capitalized interest on Article XI-N bonds;

(d) Costs of funding reserves for Article XI-N bonds, including costs of surety bonds and similar instruments;

(e) Rebates or penalties due the United States Government in connection with Article XI-N bonds; and

(f) Other costs or expenses that the Director of the Oregon Department of Administrative Services determines are necessary or desirable in connection with issuing, administering or maintaining Article XI-N bonds.

(5) Seismic fund means the Emergency Services Seismic Fund established under ORS 286A.788.

(6) State share of costs means the total costs and related expenses of the seismic rehabilitation of emergency services buildings, minus contributions for seismic rehabilitation from the applicants as required by the Office of Emergency Management. [Formerly 286.780]