ORS 266.518
Contracting with United States for facilities

Text
Annotations

(1)

In carrying out the powers conferred by this chapter, a district may contract with the United States or any agency thereof for the acquisition, construction, reconstruction, maintenance and operation, or any of them, of park and recreation facilities.

(2)

Contract provisions for repayment of any loan from the United States, and the bonds securing the payment of the same, if any are issued, may be of such denomination, for such term not exceeding 50 years and may call for the payment of such interest not exceeding seven percent per annum, may provide for such installments and for repayment of the principal at such times, as may be required by the federal laws and as may be agreed upon between the district board and the United States agency. [1969 c.668 §26c; 1973 c.86 §1]

Source: Section 266.518 — Contracting with United States for facilities, https://www.oregonlegislature.gov/bills_laws/ors/ors266.html.

266.010
Definitions 266.040
Application of ORS chapter 255 to district 266.110
Petition for formation 266.310
Officers of district 266.320
Number of board members elected at formation election 266.325
Changing number of board members 266.330
Election of board members 266.335
Continuing schedule of biennial elections after change in number of board members 266.340
Oath of office of board members 266.370
Board as governing power 266.375
Manner of electing board members 266.380
Changing manner of electing board members 266.385
Boundaries of zones for board members 266.410
General district powers 266.420
Levy of taxes 266.430
Sinking funds 266.440
Deposit and disbursement of district moneys 266.450
Regulations and orders adopted by board 266.460
District attorney to aid board 266.480
Power to contract bonded indebtedness for certain purposes 266.490
Bond election at discretion of board or on petition 266.512
Authority for general obligation bonds 266.514
Revenue bonds 266.516
Refunding bonds 266.518
Contracting with United States for facilities 266.530
Registration and delivery of bonds 266.540
Additional taxes for payment of bond interest and principal 266.550
Procedure in event board fails to levy bond tax 266.560
Redemption of bonds 266.580
Payment of bond principal and interest 266.590
Validation of certain bond issues

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Current through early 2024

§ 266.518’s source at oregon.gov

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Location: https://oregon.public.law/statutes/ors_266.518

Original Source: Section 266.518 — Contracting with United States for facilities, https://www.oregonlegislature.gov/bills_laws/ors/ors266.html (last accessed Jun. 16, 2023).