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Oregon Revised Statutes

Or. Rev. Stat. § 225.490 (2026)

Use of municipal money or property; revenue bonds

✓ current as of May 2026
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      225.490 Use of municipal money or property; revenue bonds. Any city of this state participating in common facilities under ORS 225.450 to 225.490 may furnish money and provide property, both real and personal, and to the extent and in the manner provided by its charter issue and notwithstanding any other provision of law, sell, either at public or privately negotiated sale, revenue bonds pledging revenues of its electric system and its interest or share of the revenues derived from the common facilities and any additions or betterments thereto, in order to pay its respective share of the cost of the planning, financing, acquisition and construction thereof. All moneys paid or property supplied by any such city for the purpose of carrying out the powers conferred by ORS 225.450 to 225.490 are declared to be for a public purpose. [1967 c.603 §6; 1969 c.341 §1; 1999 c.865 §37]

 

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Notes of Decisions
Cited in 1 case, 1984–1984 · leading case: DeFazio v. Washington Pub. Power Supply Sys., 679 P.2d 1316 (Or. 1984).
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DeFazio v. Washington Pub. Power Supply Sys., 679 P.2d 1316 (Or. 1984). · cites it 4× “ORS 225.490, ORS 261.255. The opponents point to enactment of this statute to show that prior to 1967 the cities and PUDs lacked authority to join with others in combined transactions of the kind before us.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.