Source: https://law.onecle.com/oregon/541-watershed-enhancement-and-protection-water/541.830.html
Timestamp: 2020-08-11 05:08:00
Document Index: 237864608

Matched Legal Cases: ['§28', '§1', '§123', '§3', '§5', '§9']

Oregon Statutes - Chapter 541 - Watershed Enhancement and Protection; Water Development Projects; Miscellaneous Provisions on Water Rights; Stewardship Agreements - Section 541.830 - Water Development Administration and Bond Sinking Fund; sources; use; Governor�s approval. - Legal Research
Oregon Statutes - Chapter 541 - Watershed Enhancement and Protection; Water Development Projects; Miscellaneous Provisions on Water Rights; Stewardship Agreements - Section 541.830 - Water Development Administration and Bond Sinking Fund; sources; use; Governor�s approval.
(a) Administrative expenses of the Water Resources Commission and the Water Resources Department in processing applications, investigating proposed water development projects and federal water development projects under ORS 541.700 to 541.855 and servicing and collecting outstanding loans made under ORS 541.700 to 541.855, if the expense is not paid directly by the applicant, including principal and interest due on bonds outstanding. These administrative expenses also may include all costs associated with the issuance of bonds and the funding of any credit enhancements or reserves determined to be necessary or advantageous in connection with the bonds.
(b) Administrative expenses of the State Treasurer in carrying out the duties, functions and powers imposed upon the State Treasurer by ORS 541.700 to 541.855.
(c) Principal and interest of all bonds issued pursuant to the provisions of ORS 541.780 to 541.815.
(a) Application fees required by ORS 541.710.
(h) Any revenues received by the commission under the provisions of ORS 541.745.
(4) The commission, with the approval of the Governor, may identify those projects financed under the provisions of ORS 541.700 to 541.855 which offer significant public benefit, and recommend to the Legislative Assembly funding of those projects in proportion to the public benefits offered.
(a) A cash flow projection shows that the transfer will not have any negative impact on the commission�s ability to pay bond principal, interest and administration costs;
(c) The transfer, together with loans outstanding from prior transfers and not refinanced by funds derived directly from a bond sale, shall not exceed $1.
(6) The transfer amount authorized by subsection (5) of this section may be increased by the Emergency Board. [1977 c.246 §28; 1981 c.172 §1; 1985 c.673 §123; 1989 c.587 §3; 1989 c.950 §5; 1991 c.944 §9]
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