Oregon Statutes - Chapter 287A - Local Government Borrowing

287A.001 Definitions for ORS chapter 287A.
As used in this chapter: (1) �Advance refunding bond� means a bond all or part of the proceeds of which are to be used to...
287A.010 Powers conveyed to public bodies.
The powers conveyed to public bodies by ORS 287A.001 to 287A.380 are in addition to any other powers possessed by public bodies and do not...
287A.050 Authority of city to issue general obligation bonds.
(1) A city may issue general obligation bonds to finance capital construction or capital improvements upon approval of the electors of the city. (2) Unless...
287A.100 Authority of county to issue general obligation bonds.
(1) Unless the county charter expressly provides otherwise, a county may issue general obligation bonds to finance capital construction or capital improvements upon approval of...
287A.105 Limitation on bonded indebtedness of county.
(1) A county may incur bonded indebtedness within the meaning of section 10, Article XI of the Oregon Constitution, by issuing revenue bonds when a...
287A.140 Ad valorem tax levy to pay general obligation bonds.
(1) In addition to other taxes imposed, a public body shall levy annually an ad valorem property tax on the taxable property within the boundaries...
287A.145 Misspent proceeds of general obligation bonds.
(1) If a court of competent jurisdiction determines that the proceeds of an issue of general obligation bonds have been used by a public body...
287A.150 Authority of public body to issue revenue bonds.
(1) In addition to any other authority to issue revenue bonds, a public body may authorize revenue bonds by resolution or nonemergency ordinance pursuant to...
287A.180 Short-term borrowing by public body.
(1) In addition to any other authority to issue revenue bonds, but subject to applicable limitations imposed by the Oregon Constitution or the charter or...
287A.195 Compliance with constitutional or statutory debt limits.
(1) When calculating compliance with a constitutional or statutory debt limit for a public body: (a) The amount of interest to be paid on bonds,...
287A.300 Terms and conditions of bond sales; delegation of authority.
(1) Notwithstanding a limitation in a local charter, when a public body is authorized by law to issue bonds, the public body may: (a) Combine...
287A.310 Definitions for ORS 287A.310 and 287A.315; lien of a pledge; Uniform Commercial Code.
(1) As used in this section and ORS 287A.315: (a) �Obligation� means: (A) A bond; (B) The commitment of a public body in connection with...
287A.315 Pledge of full faith and credit and taxing power.
(1) A public body may pledge its full faith and credit and taxing power when the public body issues: (a) A general obligation bond; or...
287A.325 Covenants of public bodies regarding pledges.
(1) The Legislative Assembly finds that: (a) It is a matter of statewide concern that certain covenants made by public bodies regarding a pledge of...
287A.335 Agreements for exchange of interest rates; rules.
(1) As used in this section, �counterparty� means an entity with whom a public body enters into an agreement for exchange of interest rates. (2)...
287A.340 Credit enhancement devices.
(1) A public body may obtain a credit enhancement device and enter into related agreements. (2) The public body may pay the provider of the...
287A.350 Public records.
The records of registered bond ownership, whether maintained by a public body or otherwise, are not public records within the meaning of ORS 192.410 (4)....
287A.360 Current refunding bonds.
(1) In addition to any other authority to issue refunding bonds, a public body may issue current refunding bonds to refund its outstanding bonds pursuant...
287A.365 Advance refunding bonds and forward current refunding.
(1) The Legislative Assembly declares that the issuance of advance refunding bonds and the authority to effect a forward current refunding are matters of general...
287A.370 Proposed refunding plan for advance refunding bonds or forward current refunding; rules; fees.
(1) The State Treasurer shall review the plan of a public body to issue advance refunding bonds or to enter into a forward current refunding...
287A.375 Maximum amount of advance refunding bonds.
(1) As used in this section, �government obligations� means: (a) Direct obligations of the United States of America or obligations the principal of and interest...
287A.380 Tax levy to pay maturing general obligation advance refunding bonds.
(1) Pursuant to ORS 287A.140, a public body shall levy taxes to pay the maturing interest and principal of advance refunding bonds that are general...
287A.472 Interest on municipal warrants not paid on presentation.
All warrants for payment of money issued by cities and other municipalities that are not paid upon presentation and so indorsed shall draw interest at...
287A.474 Warrants and checks more than two years old; report by fiscal officer; claim by owner.
(1) The county fiscal officer shall prepare a report of all warrants and checks issued more than two years prior to July 1 of that...
287A.482 Definitions for ORS 287A.482 to 287A.488.
As used in ORS 287A.482 to 287A.488: (1) �County fiscal officer� means: (a) The county accountant in counties where such office is established by law....
287A.484 Master warrant procedure authorized if warrants would be not paid.
Whenever the county fiscal officer audits and approves a claim and issues a warrant therefor and at the same time or subsequently ascertains that the...
287A.486 Procedure.
(1) The county fiscal officer shall draw a master warrant in the amount of one or more claims referred to in ORS 287A.484, payable to...
287A.488 Taxes must be levied for payment of claims included in master warrant.
No master warrant shall be issued under ORS 287A.482 to 287A.488 unless taxes have been levied for the payment of all claims included in the...
287A.630 Oregon Municipal Debt Advisory Commission; creation; term; compensation.
(1) The Oregon Municipal Debt Advisory Commission is hereby created, consisting of the following seven members: (a) The State Treasurer or the State Treasurer�s designee....
287A.632 Meetings; quorum; personnel.
(1) The Oregon Municipal Debt Advisory Commission shall meet: (a) At the call of the chairperson; or (b) At the request of: (A) A majority...
287A.634 Powers and duties of commission; rules; fees.
(1) The Oregon Municipal Debt Advisory Commission may: (a) Provide assistance and consultation, upon request of the state or a public body, to assist them...
287A.640 Notice to commission of proposed issues; duty of public bodies to assist; rules.
(1) The Oregon Municipal Debt Advisory Commission may, by rule, require a public body to provide the commission with prior notice of proposed issuance of...

Last modified: August 7, 2008