(2) The part withdrawn pursuant to subsection (1) of this section is not relieved from liabilities and indebtedness previously contracted by the district. For the purposes of paying the liabilities and indebtedness of the district, property in the part withdrawn shall continue to be subject to assessment and taxation uniformly with property in the area remaining in the district. The city of which it became a part shall, however, assume such obligations if the obligations assumed do not bring the total of the city’s obligations above any applicable limitations prescribed by statute. When the city assumes the obligations it shall be liable to the district for one of the following, at the option of the city:
(a) The amount of taxes that otherwise would be extended each year for the obligations against the property in the part withdrawn; or
(b) Payment annually, as the bonds of the district that were outstanding on the effective date of the withdrawal mature, of the same proportion of the outstanding bonds, and the interest on the bonds, as the assessed valuation of the part withdrawn bears to the assessed valuation of the entire district on the effective date of the withdrawal. After the city agrees to make payments under this paragraph, neither the city nor the part withdrawn shall be charged by the district with any future liabilities, obligations or functions of the district. [Amended by 1955 c.471 §2; 1957 c.401 §1; 1963 c.347 §2; 1965 c.509 §2; 1967 c.624 §17; 1985 c.702 §13; 2013 c.277 §1]
Structure 2021 Oregon Revised Statutes
Volume : 06 - Local Government, Public Employees, Elections
Chapter 222 - City Boundary Changes; Mergers; Consolidations; Withdrawals
Section 222.005 - Notice to public utilities of annexation; contents; effect.
Section 222.010 - Report of city boundary changes; contents; time for filing; exception.
Section 222.111 - Authority and procedure for annexation; specifying tax rate in annexed territory.
Section 222.115 - Annexation contracts; recording; effect.
Section 222.118 - Provision of city services to airport without requiring annexation.
Section 222.130 - Annexation election; notice; ballot title.
Section 222.173 - Time limit for filing statements of consent; public records.
Section 222.177 - Transmittal of annexation records to Secretary of State.
Section 222.179 - Exempt territory.
Section 222.180 - Effective date of annexation.
Section 222.183 - Notice of annexation when effective date delayed for more than one year.
Section 222.225 - Economic feasibility statement required; contents.
Section 222.230 - Form and contents of petition; filing; meeting of city governing bodies.
Section 222.265 - Conduct of election.
Section 222.275 - Second election on question of consolidation of certain areas or cities.
Section 222.524 - Procedure for withdrawal of part of district from district.
Section 222.528 - Territory withdrawn from district not liable for certain obligations.
Section 222.700 - Effect of merger on pending actions and proceedings; street work proceedings.
Section 222.850 - Definitions for ORS 222.840 to 222.915.
Section 222.860 - Proposal for annexation.
Section 222.870 - Hearing in affected territory; notice.
Section 222.875 - Purpose and conduct of hearing; written findings of fact; rules.
Section 222.885 - Alternative plan by petition or resolution; stay of proceedings.
Section 222.890 - Review of alternative plan.