There is a newer version
of
this Section
2019 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Chapter 266 - Park and Recreation Districts
Section 266.480 - Power to contract bonded indebtedness for certain purposes.
Universal Citation: OR Rev Stat § 266.480 (2019)
A district has the power to contract a bonded indebtedness for the purpose of providing funds:
(1) To acquire land, rights of way, interests in land, buildings and equipment.
(2) To improve land and develop parks and recreation grounds.
(3) To construct, reconstruct, improve, repair and furnish buildings, gymnasiums, swimming pools, golf courses, driving ranges, boat marinas and recreational facilities of every kind.
(4) To acquire equipment of all types, including vehicular equipment necessary for and in the use, development and improvement of the lands and facilities of the district.
(5) To pay the costs, expenses and attorney fees incurred in the issue and sale of the bonds.
(6) To fund or refund outstanding indebtedness, or for any one or combination of any such purposes. [Amended by 1969 c.668 §22]
Disclaimer: These codes may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
