Oregon Revised Statutes

Or. Rev. Stat. § 261.255 (2026)

Use of district money or property; revenue bonds

✓ current as of May 2026

Find cases: SyfertCases citing this section ORSoregonlegislature.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

261.255 Use of district money or property; revenue bonds. Any district of this state participating in common facilities under ORS 261.235 to 261.255 may furnish money and provide property, both real and personal, and to the extent and in the manner provided by ORS 261.355 issue and sell 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 district for the purpose of carrying out the powers conferred by ORS 261.235 to 261.255 are declared to be for a public purpose. [1967 c.603 §12; 1999 c.865 §41]

POWERS

Notes of Decisions

Cited in 1 case, 1984–1984 · leading case: DeFazio v. Washington Pub. Power Supply Sys., 679 P.2d 1316 (Or. 1984).

Sort: Relevance Newest Treatment

DeFazio v. Washington Pub. Power Supply Sys., 679 P.2d 1316 (Or. 1984). · cites it 4× “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.