Oregon Statutes - Chapter 308 - Assessment of Property for Taxation - Section 308.457 - Determining boundaries of distressed areas; rules; limitation.

(1) Each city or county that adopts, by resolution or ordinance, ORS 308.450 to 308.481, shall adopt rules specifying the process for determining the boundaries of a distressed area and for distressed area boundary changes.

(2) The cumulative land area within the boundaries of distressed areas within a city or county, whichever adopts the provisions of ORS 308.450 to 308.481, may not exceed 20 percent of the total land area of the city or county. [2005 c.94 §50]

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Last modified: August 7, 2008