2019 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Chapter 286A - State Borrowing
Section 286A.845 - Budgeting for Article XI-F(1) bonds.

Universal Citation: OR Rev Stat § 286A.845 (2019)

The Higher Education Coordinating Commission shall request that the Governor include in the Governor’s budget request to the Legislative Assembly for each biennium amounts that are sufficient to pay:

(1) The costs of loan agreement disbursements during the biennium to public universities for the costs of projects to be financed by the issuance of Article XI-F(1) bonds;

(2) The debt service due during the biennium for any Article XI-F(1) bonds that have been or will be issued;

(3) Amounts billed during the biennium by the Oregon Department of Administrative Services, or the commission, under ORS 286A.863 (2); and

(4) Any bond-related costs associated with any Article XI-F(1) bonds. [2015 c.828 §7]

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