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2025 Oregon Revised Statutes
Volume : 10 - Highways, Military
Chapter 367 - Transportation Financing; Projects
Section 367.163 - Purposes for which bonds may be issued.
Universal Citation:
OR Rev Stat § 367.163 (2025)
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The State Treasurer, at the request of the Department of Transportation, may issue grant anticipation revenue bonds for the purposes of:
(1) Financing highway improvement projects including highway improvement projects already under way or scheduled;
(2) Financing the restoration, reconstruction or renovation of highway improvements in Oregon;
(3) Financing transportation projects;
(4) Paying the costs of issuance of the revenue bonds including, but not limited to, the costs and fees of paying agents, trustees and remarketing agents;
(5) Paying the costs of credit enhancements; or
(6) Financing the Interstate 5 bridge replacement project. [2003 c.201 §3; 2013 c.4 §17]
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