(1) Subject to restrictions in the Oregon Constitution, a district board may finance construction, acquisition, purchase, lease, operation and maintenance of a mass transit system and related facilities for the purposes authorized under ORS 267.010 to 267.390 by:
(a) Levy of ad valorem taxes under ORS 267.305.
(b) Service charges and user fees collected under ORS 267.320.
(c) Use of the revolving fund authorized under ORS 267.310.
(d) Sale of bonds under ORS 267.330 to 267.345.
(e) Levy of business license fees under ORS 267.360.
(f) Levy of a tax measured by net income under ORS 267.370.
(g) Levy of a tax measured by employer payrolls under ORS 267.380, 267.385 and 267.420.
(h) Use of funds accepted under ORS 267.390.
(i) Short-term borrowings under ORS 267.400.
(j) Levy of a tax measured by net earnings from self-employment under ORS 267.380 and 267.385.
(k) Any combination of the provisions of paragraphs (a) to (j) of this subsection.
(2) All or any part of the funds raised or received by the district under subsection (1)(a) to (k) of this section may be expended by the district for the purpose of financing the construction, reconstruction, improvement, repair, maintenance, operation and use of the primary transit supportive system. However, only those funds raised or received by the district that are restricted by the Oregon Constitution for the purpose of financing the construction, reconstruction, operation and use of public highways, roads, streets and roadside rest areas may be expended by the district for the secondary transit supportive system. As used in this subsection:
(a) “Transit supportive system” means those facilities in any county in which a district operates that constitute the surface transportation system in the county, including highways, roads, streets, roadside rest areas, park-and-ride stations, transfer stations, parking lots, malls and skyways.
(b) “Primary transit supportive system” means those facilities upon which or adjacent to which the district physically operates.
(c) “Secondary transit supportive system” means the remainder of those facilities that constitute the surface transportation system, but over which the district’s operation or facilities are not physically present. [1969 c.643 §23; 1975 c.752 §1; 1983 c.323 §1; 1983 c.749 §1; 1987 c.825 §1; 1989 c.869 §1]Section: Previous 267.250 267.253 267.255 267.257 267.260 267.263 267.265 267.300 267.302 267.305 267.310 267.320 267.325 267.330 267.334 Next
Last modified: August 7, 2008