(1) Except as provided in subsection (2) of this section, a toll may not be established unless the Oregon Transportation Commission has reviewed and approved the toll. The commission shall adopt rules specifying the process under which proposals to establish tolls will be reviewed. When reviewing a proposal to establish tolls, the commission shall take into consideration:
(a) The amount and classification of the traffic using, or anticipated to use, the tollway;
(b) The amount of the toll proposed to be established for each class or category of tollway user and, if applicable, the different amounts of the toll depending on time and day of use;
(c) The extent of the tollway, including improvements necessary for tollway operation and improvements necessary to support the flow of traffic onto or off of the tollway;
(d) The location of toll plazas or toll collection devices to collect the toll for the tollway;
(e) The cost of constructing, reconstructing, improving, installing, maintaining, repairing and operating the tollway;
(f) The amount of indebtedness incurred for the construction of the tollway and debt service requirements, if any;
(g) The value of assets, equipment and services required for the operation of the tollway;
(h) The period of time during which the toll will be in effect;
(i) The process for altering the amount of the toll during the period of operation of the tollway;
(j) The method of collecting the toll; and
(k) The rate of return that would be fair and reasonable for a private equity holder, if any, in the tollway.
(2) Nothing in ORS 383.003 to 383.075 prohibits a city or county from establishing a toll on any highway, as defined in ORS 801.305, that the city or county has jurisdiction over as a road authority pursuant to ORS 810.010. [2007 c.531 §2]
Section: Previous 383.001 383.003 383.004 383.005 383.006 383.007 383.009 383.010 383.011 383.013 383.014 383.015 383.017 383.019 383.020 NextLast modified: August 7, 2008