(1) The Community College Capital Construction Fund is established separate and distinct from the General Fund. Interest earned on moneys in the Community College Capital Construction Fund shall be credited to the fund.
(2) Moneys in the Community College Capital Construction Fund are appropriated continuously to the Department of Community Colleges and Workforce Development and may be disbursed by the department for the construction, remodeling, expansion and renovation of facilities at community colleges pursuant to grant agreements entered into between the department and community college districts under ORS 341.735. [2005 c.787 §21]
Note: Sections 26 to 32, chapter 787, Oregon Laws 2005, provide:
Sec. 26. Columbia Gorge Community College Facilities Account. (1) There is established in the General Fund an account to be known as the Columbia Gorge Community College Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish facilities for the Columbia Gorge Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Columbia Gorge Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $7,500,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Columbia Gorge Community College District for the purposes listed in subsection (1) of this section. [2005 c.787 §26]
Sec. 27. Oregon Coast Community College Facilities Account. (1) There is established in the General Fund an account to be known as the Oregon Coast Community College Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish facilities and purchase land for facilities for the Oregon Coast Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Oregon Coast Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $7,500,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Oregon Coast Community College District for the purposes listed in subsection (1) of this section. [2005 c.787 §27; 2007 c.761 §26]
Sec. 28. Rogue Community College Medford Instructional Facility Account. (1) There is established in the General Fund an account to be known as the Rogue Community College Medford Instructional Facility Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish a joint instructional facility in Medford for Southern Oregon University and the Rogue Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Rogue Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $4,100,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Rogue Community College District for the purposes listed in subsection (1) of this section. [2005 c.787 §28]
Sec. 29. Clatsop Community College Facilities Account. (1) There is established in the General Fund an account to be known as the Clatsop Community College Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip, furnish and purchase land for new facilities for the Clatsop Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Clatsop Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $7,500,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Clatsop Community College District for the purposes listed in subsection (1) of this section. [2005 c.787 §29]
Sec. 30. Tillamook Bay Community College Facilities Account. (1) There is established in the General Fund an account to be known as the Tillamook Bay Community College Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish new facilities for the Tillamook Bay Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Tillamook Bay Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $4,900,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Tillamook Bay Community College District for the purposes listed in subsection (1) of this section. [2005 c.787 §30]
Sec. 31. Klamath Community College Facilities Account. (1) There is established in the General Fund an account to be known as the Klamath Community College Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish new facilities for the Klamath Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Klamath Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $7,700,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Klamath Community College District for the purposes listed in subsection (1) of this section. [2005 c.787 §31]
Sec. 32. Southwestern Oregon Community College Curry County Facilities Account. (1) There is established in the General Fund an account to be known as the Southwestern Oregon Community College Curry County Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish facilities in Curry County for the Southwestern Oregon Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Southwestern Oregon Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $2,300,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Southwestern Oregon Community College District for the purposes listed in subsection (1) of this section. [2005 c.787 §32]
Note: Sections 20 to 25 and 27, chapter 761, Oregon Laws 2007, provide:
Sec. 20. Central Oregon Community College Facilities Account. (1) There is established in the General Fund an account to be known as the Central Oregon Community College Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish facilities and purchase land for facilities for the Central Oregon Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Central Oregon Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $5,778,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Central Oregon Community College District for the purposes listed in subsection (1) of this section. [2007 c.761 §20]
Sec. 21. Chemeketa Community College Facility Account. (1) There is established in the General Fund an account to be known as the Chemeketa Community College Facility Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish facilities and purchase land for facilities for the Chemeketa Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Chemeketa Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $5,625,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Chemeketa Community College District for the purposes listed in subsection (1) of this section. [2007 c.761 §21]
Sec. 22. Clackamas Community College Facilities Account. (1) There is established in the General Fund an account to be known as the Clackamas Community College Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish facilities and purchase land for facilities for the Clackamas Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Clackamas Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $5,156,250 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Clackamas Community College District for the purposes listed in subsection (1) of this section. [2007 c.761 §22]
Sec. 23. Lane Community College Facilities Account. (1) There is established in the General Fund an account to be known as the Lane Community College Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish facilities and purchase land for facilities for the Lane Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Lane Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $6,750,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Lane Community College District for the purposes listed in subsection (1) of this section. [2007 c.761 §23]
Sec. 24. Linn-Benton Community College Facilities Account. (1) There is established in the General Fund an account to be known as the Linn-Benton Community College Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish facilities and purchase land for facilities for the Linn-Benton Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Linn-Benton Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $3,731,250 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Linn-Benton Community College District for the purposes listed in subsection (1) of this section. [2007 c.761 §24]
Sec. 25. Mt. Hood Community College Facilities Account. (1) There is established in the General Fund an account to be known as the Mt. Hood Community College Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish facilities and purchase land for facilities for the Mt. Hood Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Mt. Hood Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $2,500,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Linn-Benton Community College District for the purposes listed in subsection (1) of this section. [2007 c.761 §25]
Sec. 27. Portland Community College Facilities Account. (1) There is established in the General Fund an account to be known as the Portland Community College Facilities Account. Moneys in the account shall be used to construct, improve, repair, equip and furnish facilities and purchase land for facilities for the Portland Community College District.
(2) The account may consist of the following moneys that have been deposited in the account by the Department of Community Colleges and Workforce Development at the request of the Portland Community College District for the purposes listed in subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the account by the department at the request of the community college district;
(d) Building reserve funds of the community college district transferred to the department from the community college district; and
(e) Proceeds from the sale of bonds issued by the community college district.
(3) Interest earned on moneys in the account shall be credited to the account.
(4) The account may not be credited with more than $7,500,000 in donations, Community College Support Fund moneys, proceeds from the sale of bonds, building reserve funds, federal and local government funds and interest.
(5) Moneys in the account shall be considered to be General Fund moneys for purposes of section 1 (3), Article XI-G of the Oregon Constitution, are continuously appropriated to the department and may be transferred to the Community College Capital Construction Fund for the purpose of making distributions to the Portland Community College District for the purposes listed in subsection (1) of this section. [2007 c.761 §27]
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