ORS 225.490
Use of municipal money or property

  • revenue bonds
Any city of this state participating in common facilities under ORS 225.450 (Definitions for ORS 225.450 to 225.490) to 225.490 (Use of municipal money or property) 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 (Definitions for ORS 225.450 to 225.490) to 225.490 (Use of municipal money or property) are declared to be for a public purpose. [1967 c.603 §6; 1969 c.341 §1; 1999 c.865 §37]

Source: Section 225.490 — Use of municipal money or property; revenue bonds, https://www.­oregonlegislature.­gov/bills_laws/ors/ors225.­html (accessed May 26, 2025).

225.010
Definition of “city.” 225.020
Ownership and operation of utilities by city within and without city limits 225.030
Utility may provide services within or without city limits 225.040
Validation of prior municipal contracts 225.050
Joint construction, ownership and operation of waterworks 225.060
Several or joint ownership, operation and financing of municipal utilities in another state 225.070
Use of surplus city waters for federal military purposes 225.080
Financing costs of municipal waterworks or water system 225.085
Klamath Cogeneration Project 225.110
Ownership and operation of telephone system by city within or without city limits 225.120
Interconnections 225.130
Right to acquire property 225.140
Condemnation of private property for telephone system 225.150
Compensation 225.160
Alternate condemnation proceeding 225.210
Compliance with rate statutes 225.220
Enforcement of statutory requirements 225.230
Rates set in accordance with estimates of annual expenses 225.240
Sole authority to set rates 225.250
Application of earnings 225.260
Use of proceeds of bond issues 225.270
Use of surplus revenue 225.280
Warrants on future income 225.290
Right to acquire use of unappropriated state waters 225.300
Filing for use of unappropriated state waters 225.310
Definitions for ORS 225.310 to 225.400 225.320
Ownership and operation of irrigation and fire protection facilities by city within or without city limits 225.330
Acquisition of property for facilities 225.340
Establishing rates 225.350
Recovery of service charges 225.360
Approval, issuance, payment of bonds 225.370
Terms of bonds 225.380
Application of debt limitations 225.390
Preparation and examination of plans 225.400
Scope of municipal authority 225.450
Definitions for ORS 225.450 to 225.490 225.460
Policy 225.470
Authority of city to acquire interest in power facilities 225.480
City liability 225.490
Use of municipal money or property

Current through early 2026

§ 225.490. Use of municipal money or property's source at oregon​.gov