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2025 Oregon Revised Statutes
Volume : 10 - Highways, Military
Chapter 376 - Ways of Necessity; Special Ways; Pedestrian Malls
Section 376.800 - Special fund for payment of damages and expenses; use of surplus.
Universal Citation:
OR Rev Stat § 376.800 (2025)
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(1) All collections of assessments and all proceeds of the sale of bonds issued upon unpaid assessments shall be placed in a special fund and used exclusively for the payment of the damages, if any, and expenses for which the assessments were levied.
(2) If there is a surplus in such special fund, the legislative body may expend such surplus for the improvement or operation of the pedestrian mall. [1961 c.666 §29]
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