Source: https://www.oregonlaws.org/ors/2007/457.190
Timestamp: 2019-09-19 10:57:37
Document Index: 541092443

Matched Legal Cases: ['§14', '§333', '§446', '§12', '§335', '§446']

ORS 457.190 - Acquisition of funds by urban renewal agency - 2007 Oregon Revised Statutes
2007 ORS Vol. 11 Chapter 457 Section 457.190
2007 ORS 457.190¹
(C) Notwithstanding subsection (1) of this section, if a maximum amount of indebtedness is not adopted for an existing urban renewal plan as described in this paragraph before July 1, 1998, the urban renewal agency may not collect funds under ORS 457.435 (Property tax collection methods for existing plans). [1957 c.456 §14; 1991 c.459 §333; 1997 c.541 §446; 2007 c.606 §12]
Sec. 335e. Bonded indebtedness if project agreed to prior to September 29, 1991. Notwithstanding ORS 457.190 (Acquisition of funds by urban renewal agency), an urban renewal agency may issue bonded indebtedness to undertake an urban renewal project to carry out an urban renewal plan if, prior to September 29, 1991, a written contract or other written agreement for the project was made, the instrument setting forth the contract or agreement was executed and the parties were bound. The urban renewal agency of the municipality may use any of the money available to it from the issuance of the bonds for carrying out the project in accordance with the contract or agreement. [1991 c.459 §335e; 1997 c.541 §446a]