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Code · Oregon · ORS Chapter 261 · Formation; Boundary Changes

261.113 Petition or resolution for formation to propose special levy for certain purposes

102 words·~1 min read·/or/ors-chapter-261/formation-boundary-changes/261-113

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261.113 Petition or resolution for formation to propose special levy for certain purposes. Electors’ petitions and resolutions for formation of a district shall include a proposal for the authorization of the district to impose a special levy of a certain amount to finance an engineer’s report on revenue bonds for the acquisition or construction of the initial utility system, including the replacement value of the unreimbursed investment of an investor owned utility in energy efficiency measures and installations within the proposed district, the election under ORS 261.355
(10)and costs associated with them. [1979 c.558 §12; 1991 c.358 §2; 1991 c.572 §4]
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