Oregon Statutes - Chapter 457 - Urban Renewal - Section 457.045 - Election of method of exercise of urban renewal agency’s powers.

The governing body of a municipality shall, in the ordinance adopted under ORS 457.035, elect to have the powers of an urban renewal agency under this chapter exercised in one of the following ways:

(1) By a housing authority of the municipality established pursuant to the Housing Authorities Law in which case the name of the body corporate and politic shall be the “housing authority and urban renewal agency” of the municipality.

(2) By appointing a board or commission composed of not less than three members.

(3) By the governing body, itself, provided, however, that any act of the governing body acting as the urban renewal agency shall be, and shall be considered, the act of the urban renewal agency only and not of the governing body. [Formerly 457.140]

Section:  Previous  457.010  457.020  457.025  457.030  457.035  457.040  457.045  457.050  457.055  457.060  457.065  457.070  457.075  457.080  457.085  Next

Last modified: August 7, 2008