(1) Constitutes the investment of surplus funds for the purpose of receiving interest or other earnings from the investment; or
(2) Is intended or useful for any purpose other than the production, supply or delivery of electricity or fuel on a cost-effective basis. [1999 c.683 ยง2]
Note: 225.085 was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 225 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.
Structure 2021 Oregon Revised Statutes
Volume : 06 - Local Government, Public Employees, Elections
Chapter 225 - Municipal Utilities
Section 225.020 - Ownership and operation of utilities by city within and without city limits.
Section 225.050 - Joint construction, ownership and operation of waterworks; financing.
Section 225.080 - Financing costs of municipal waterworks or water system; benefit assessments.
Section 225.085 - Klamath Cogeneration Project; service contracts; prohibited transactions.
Section 225.220 - Enforcement of statutory requirements.
Section 225.230 - Rates set in accordance with estimates of annual expenses.
Section 225.280 - Warrants on future income; limitations; retirement.
Section 225.330 - Acquisition of property for facilities.
Section 225.370 - Terms of bonds.
Section 225.450 - Definitions for ORS 225.450 to 225.490.
Section 225.480 - City liability; application of moneys; use of eminent domain prohibited.