2021 Oregon Revised Statutes
Chapter 367 - Transportation Financing; Projects
Section 367.163 - Purposes for which bonds may be issued.


(1) Financing highway improvement projects including highway improvement projects already under way or scheduled;
(2) Financing the restoration, reconstruction or renovation of highway improvements in Oregon;
(3) Financing transportation projects;
(4) Paying the costs of issuance of the revenue bonds including, but not limited to, the costs and fees of paying agents, trustees and remarketing agents;
(5) Paying the costs of credit enhancements; or
(6) Financing the Interstate 5 bridge replacement project. [2003 c.201 §3; 2013 c.4 §17]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 10 - Highways, Military

Chapter 367 - Transportation Financing; Projects

Section 367.010 - Definitions for chapter.

Section 367.015 - Oregon Transportation Infrastructure Fund; sources; uses; rules; investment.

Section 367.020 - Loans and other assistance to public and private entities; rules; other authorized purposes.

Section 367.025 - Issuance of infrastructure bonds.

Section 367.030 - Issuance of revenue bonds; bond covenants; maximum amount of bonds.

Section 367.035 - Loans to municipalities; authority of municipalities; repayment plan.

Section 367.040 - Loans to state agencies; loan contract.

Section 367.050 - Powers of department.

Section 367.055 - Federal stimulus moneys.

Section 367.060 - Department pledge to ensure loan guarantees; transfer of moneys from State Highway Fund.

Section 367.066 - Definitions for ORS 367.066 and 367.067.

Section 367.067 - Short Line Credit Premium Account; rules.

Section 367.070 - Industrial Rail Spur Fund.

Section 367.080 - Connect Oregon Fund.

Section 367.081 - Distribution of amounts in Connect Oregon Fund.

Section 367.082 - Grants from Connect Oregon Fund; rules.

Section 367.084 - Selection of projects.

Section 367.086 - Administration of projects.

Section 367.091 - Multimodal Active Transportation Fund.

Section 367.093 - Grants from Multimodal Active Transportation Fund; rules.

Section 367.095 - Tax and fee distribution and projects.

Section 367.097 - Debt service.

Section 367.105 - Short-term borrowing; conditions; repayment.

Section 367.161 - Definitions for ORS 367.161 to 367.181.

Section 367.163 - Purposes for which bonds may be issued.

Section 367.166 - Requirements for grant anticipation revenue bonds; authority of State Treasurer.

Section 367.168 - Revenue declaration.

Section 367.171 - Indenture.

Section 367.173 - Moneys that may be used for payment of grant anticipation revenue bonds.

Section 367.178 - Collection and use of federal transportation funds.

Section 367.181 - Limits on obligation of grant anticipation revenue bonds.

Section 367.555 - Authority to issue general obligation bonds.

Section 367.605 - Source of funds to secure Highway User Tax Bonds.

Section 367.615 - Bond issuance; bonds not general obligation; conditions for issuance of additional bonds; use of bond proceeds.

Section 367.617 - Allocation of bonds.

Section 367.620 - Limitation on bond amount.

Section 367.621 - Use of private sector resources in specified work.

Section 367.622 - Preservation and modernization projects funded by specified bonds; rules; selection criteria.

Section 367.623 - Consultation with local governments for project selection.

Section 367.630 - Highway revenue declaration; contents; purpose.

Section 367.635 - Bond form, issuance and maturity; provisions subject to determination of State Treasurer.

Section 367.640 - Indenture; provisions.

Section 367.645 - Reserve account.

Section 367.650 - Trust indenture to secure bonds; provisions.

Section 367.655 - Loan of bond proceeds to cities and counties; use of loans; rules.

Section 367.660 - Lien on certain moneys pledged for bonds; terms of lien.

Section 367.705 - Use of funds; priority.

Section 367.710 - Repayment by city or county; interest.

Section 367.800 - Findings.

Section 367.802 - Definitions.

Section 367.804 - Goals of Oregon Innovative Partnerships Program; authority of Department of Transportation; confidentiality; expenses.

Section 367.806 - Agreements.

Section 367.808 - Evaluation of proposed agreements; role of Attorney General.

Section 367.810 - State Transportation Enterprise Fund.

Section 367.812 - Bonds secured by State Transportation Enterprise Fund; financing of transportation projects.

Section 367.814 - Moneys from federal government or other sources.

Section 367.816 - Use of moneys in Oregon Transportation Infrastructure Fund for projects.

Section 367.818 - Eminent domain powers.

Section 367.820 - Creation of district; use of revenues within district.

Section 367.822 - Advisory committees on transportation projects; rules.

Section 367.824 - Rules; supremacy of federal law.

Section 367.850 - Alternatives to meeting funding requirements of transportation planning rule; rules.