2017 Oregon Revised Statutes
Volume : 07 - Public Facilities, Finance
Chapter 261 - People’s Utility Districts
Section 261.113 - Petition or resolution for formation to propose special levy for certain purposes.

Universal Citation: OR Rev Stat § 261.113 (2017)

Electors’ petitions and resolutions for formation of a district shall include a proposal for the authorization of the district to impose a special levy of a certain amount to finance an engineer’s report on revenue bonds for the acquisition or construction of the initial utility system, including the replacement value of the unreimbursed investment of an investor owned utility in energy efficiency measures and installations within the proposed district, the election under ORS 261.355 (10) and costs associated with them. [1979 c.558 §12; 1991 c.358 §2; 1991 c.572 §4]
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