ORS 552.720
Dissolution of irrigation, drainage or water control district and transfer of assets and liabilities to water improvement district

(1)

Any district organized or operating under ORS chapter 545, 547 or 553 may dissolve and transfer its property and other assets and liabilities to a water improvement district which will undertake to furnish service to the inhabitants of the dissolving district.

(2)

Except as provided by this section, dissolution, liquidation and transfer proceedings shall be conducted as provided by ORS 198.920 (Dissolution procedure) to 198.955 (Disposition of assets).

(3)

When a petition is filed or a resolution is adopted initiating dissolution proceedings, the governing board of the dissolving district and the district board of the water improvement district shall meet with each other to agree on a debt distribution plan to be voted upon as a part of the proposal. The debt distribution plan may provide for any distribution of indebtedness between the water improvement district and the dissolving district. If the boards do not agree on a debt distribution plan or if the area within the dissolving district remains liable under the plan for any portion of the indebtedness outstanding at the time of the dissolution and transfer, the district board of the water improvement district shall be ex officio board of the dissolved district for the purpose of levying taxes or collecting charges in such area until the bonded and other indebtedness of the dissolved district is paid.

(4)

The consent of all the known holders of valid indebtedness against the dissolving district shall be obtained or provision made in the debt distribution plan for the payment of the nonassenting holders. The area within the boundaries of the dissolving district shall not by reason of the dissolution and transfer be relieved from liabilities and indebtedness previously contracted by the dissolving district.

(5)

If the dissolution is approved at an election in accordance with the law applicable to the dissolving district, the governing body of the dissolving district shall convey to the water improvement district all assets of the dissolving district after paying and discharging the debts and obligations to, or procuring releases from the nonassenting holders, in accordance with the debt distribution plan. [1969 c.606 §13; 1971 c.727 §167; 1991 c.459 §430b]

Source: Section 552.720 — Dissolution of irrigation, drainage or water control district and transfer of assets and liabilities to water improvement district, https://www.­oregonlegislature.­gov/bills_laws/ors/ors552.­html.

552.013
Definitions 552.108
Creation of water improvement district 552.113
Water rights protected 552.118
Petition contents 552.133
Election on formation 552.138
Status of final order 552.143
Proceedings to test validity of order or act of district board 552.208
Election of first board of directors 552.218
Organizational meeting 552.223
Duties of district board 552.305
Powers of districts generally 552.310
Condemnation 552.315
Right to enter and survey land 552.320
Operation of water works and sale of water 552.325
Water charges 552.330
Water user regulations 552.345
User regulations 552.350
Cooperation with the United States 552.403
Watershed improvement plans 552.408
District projects 552.413
Engineering plans prepared by other agencies 552.418
Notice of engineering plan 552.423
Advertising for bids on construction contract 552.428
Letting construction contract 552.433
Chief engineer of district to superintend work 552.438
Construction on public land or right of way, or along watercourse 552.603
Financing construction, operation or maintenance of district works 552.608
Assessment of cost of works against benefited land 552.613
Improvement bonds 552.618
Effect of irrigation contract 552.623
Ad valorem tax levy, collection, enforcement 552.624
Filing boundary change with county assessor and Department of Revenue 552.625
Maximum rate of tax levy 552.630
Service and user charges 552.635
Levy to establish revolving fund 552.645
General obligation bonds 552.655
Refunding bonds 552.660
Process for issuance of bonds 552.670
Loan contracts with state or federal agencies 552.710
Subdistrict procedure 552.720
Dissolution of irrigation, drainage or water control district and transfer of assets and liabilities to water improvement district 552.740
Notice requirements 552.750
Election laws applicable 552.810
Procedure for inclusion or exclusion of land in district 552.830
Date of election on dissolution of district 552.992
Penalties
Green check means up to date. Up to date

Current through early 2024

§ 552.720’s source at oregon​.gov