ORS 391.090
Legislative findings

  • use of lottery moneys for light rail project
  • policy and intent

The Legislative Assembly finds that:

(1)

The development, acquisition and construction of light rail systems and their attendant rights of way, equipment and facilities in the urban and metropolitan areas of the State of Oregon do and will accomplish the purpose of creating jobs and furthering economic development in Oregon by, among other advantages:

(a)

Providing an important element of the public infrastructure that provides the basic framework for continuing and expanding economic activity in this state;

(b)

Increasing the economy and efficiency of public transportation, improving the attractiveness of urban and metropolitan areas to new businesses and supporting the operations and prosperity of existing businesses in those areas by making those businesses more accessible to their customers and employees;

(c)

Alleviating the inefficiencies of congestion and crowding associated with, and reducing the burdens of expansion and maintenance of, existing public transportation systems and facilities, as well as reducing energy consumption and air pollution fostered by the use of motor vehicles; and

(d)

Creating employment opportunities in urban and metropolitan areas through the funding of projects for the development and construction of the light rail systems.

(2)

Additionally, the provision of state and local moneys for the proposed Westside corridor light rail project identified in ORS 391.120 (Regional Light Rail Extension Construction Fund) (2)(a) will encourage the contribution of otherwise unavailable federal matching grant moneys, the use of which will, for the reasons stated in subsection (1) of this section, forward the purpose of creating jobs and furthering economic development in Oregon.

(3)

Based on the legislative findings described in this section, the use of net proceeds from the operation of the state lottery for the support of the Westside corridor light rail project, as provided in ORS 391.130 (Allocation of lottery moneys to Regional Light Rail Extension Construction Fund), is an appropriate use of state lottery funds under section 4 (3), Article XV of the Oregon Constitution and ORS 461.510 (State Lottery Fund).

(4)

It is the intent and policy of the Legislative Assembly to insure the funding and support of the Westside corridor light rail project identified in ORS 391.120 (Regional Light Rail Extension Construction Fund) (2)(a) in the manner provided in ORS 391.130 (Allocation of lottery moneys to Regional Light Rail Extension Construction Fund) to 391.150 (Joint management of specified light rail project), to the extent required for the state to realize the benefit of all federal matching funds made available for that project, and to the extent necessary to complete the project. [1991 c.575 §1]

Source: Section 391.090 — Legislative findings; use of lottery moneys for light rail project; policy and intent, https://www.­oregonlegislature.­gov/bills_laws/ors/ors391.­html.

391.090
Legislative findings
391.110
Legislative findings
391.120
Regional Light Rail Extension Construction Fund
391.125
Regional Light Rail Extension Bond Account
391.130
Allocation of lottery moneys to Regional Light Rail Extension Construction Fund
391.140
Revenue bonds for specified light rail project
391.150
Joint management of specified light rail project
391.301
Ratification of compact
391.306
Columbia River Light Rail Transit Compact
391.311
Effect of compact on powers and privileges of mass transit districts in Oregon and Washington
391.500
Declaration of policy
391.510
Definitions for ORS 391.500 to 391.660
391.520
Financing authority created
391.530
Meetings
391.540
Bylaws
391.550
Powers of Mass Transportation Financing Authority
391.560
Lease terms for facility financed by bonds
391.570
Bonds
391.580
Pledges for bonds
391.590
Bonds not general obligation of state
391.600
Tax exempt status of income, property and bond interest
391.605
Limitations on transfer to metropolitan service district
391.610
Expenses of authority
391.620
Limitation on transfer of property rights
391.630
Investments of surplus moneys
391.640
Investment in authority’s bonds authorized
391.650
Severability of ORS 391.500 to 391.660
391.660
Short title
391.800
Elderly and Disabled Special Transportation Fund
391.802
Definition for ORS 391.800 to 391.830
391.810
Distribution of funds to districts, Indian tribes and counties
391.815
Discretionary grant account
391.820
Advisory committees
391.830
Use of funds to finance and improve transportation for elderly individuals and individuals with disabilities
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