Rule Rule 123-020-0125
Viability of Formation

In reviewing the viability and merits of a proposed Port, the Authority will consider the following, in addition to the latest draft copy of the economic feasibility statement for district formation, if applicable, under ORS 198.749:


A proposed budget of the proposed Port showing, among other things, capital improvements, staffing, and other sums and expenses required to implement and operate the proposed Port for a reasonable period;


Adequacy of the existing tax base and proposed tax rate and the source and amounts of any other revenues estimated to be required; and


Other financial information requested.
Last accessed
Jan. 19, 2020