(1) Establishes a separate fund into which all moneys to be used for economic development revolving loans or grants may be deposited together with proceeds, including loan fees and interest, received from processing and repayment of such loans;
(2) Specifies the public purpose and the scope and limitation of uses of moneys in the fund; and
(3) Provides for distribution of fund assets if the governing body of the county determines, after a public hearing, that dissolution of the fund is in the best interests of the public. [1991 c.332 ยง1]
Structure 2021 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Section 280.040 - Definitions for ORS 280.040 to 280.145; use of certain tax revenues.
Section 280.057 - Local option taxes for community colleges; maximum amount.
Section 280.064 - Period for use of revenues raised by local option tax.
Section 280.075 - Ballot statements for local option tax measures.
Section 280.080 - Contents of order, resolution or ordinance calling election.
Section 280.410 - Definitions for ORS 280.410 to 280.485.
Section 280.415 - Legislative findings.
Section 280.420 - Eligibility of projects for financing; standards; ordinance for applications.
Section 280.425 - City powers concerning property.
Section 280.430 - Contractual powers of city; requirements for project loans and leases.
Section 280.440 - Authority to issue revenue bonds.
Section 280.445 - Factors considered in determining whether to issue bonds.
Section 280.470 - Covenants in bonds allowed.
Section 280.475 - Limitations of bonds; recitals.
Section 280.480 - Powers and rights of bondholders.
Section 280.500 - County economic development plan; criteria.
Section 280.505 - Coordination of plan with other local governments and plans.
Section 280.508 - County public purpose revolving loan fund.