2021 Oregon Revised Statutes
Chapter 553 - Water Control Districts
Section 553.610 - Assessments or taxes upon bond issue.


(1) A water control district may proceed to levy and collect assessments for any purposes of the water control district on a benefited basis as provided in ORS 553.330 and as determined under ORS 553.340 to 553.380. However, no change in method of assessment shall be made except with the consent of the holders of outstanding bonds.
(2) In lieu of the provisions of subsection (1) of this section and not in addition thereto, a water control district may proceed to levy an ad valorem tax for the purpose of paying the principal and interest on bonded indebtedness when it becomes due. [1965 c.623 ยง14a]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 15 - Water Resources, Agriculture and Food

Chapter 553 - Water Control Districts

Section 553.010 - Definitions.

Section 553.020 - Creation of water control districts; purposes; limits.

Section 553.035 - Application of election laws.

Section 553.090 - Nature and powers of district.

Section 553.105 - Districts coterminous with 1969 districts; abolishment of existing districts.

Section 553.107 - Effect of creation of districts under ORS 553.105.

Section 553.110 - Vested water rights; inclusion of land in district or assessment; consent.

Section 553.210 - Election of directors; qualifications; terms; vacancies; change in number of directors.

Section 553.230 - Powers and duties of board.

Section 553.240 - County court as governing body.

Section 553.250 - Authority to acquire and dispose of water works; sale of water.

Section 553.310 - Creation of subdistrict; change in subdistrict boundaries; procedure.

Section 553.340 - Determination of benefits; board of appraisers; exception.

Section 553.350 - Assessment of benefits and damages by appraisers; benefits less than costs; recommendation to amend engineering plan; final report and certificate.

Section 553.360 - Hearing on report of appraisers; exceptions; entry of order; appeal.

Section 553.510 - Special assessments.

Section 553.520 - Apportioning assessments; adjustment of benefits.

Section 553.530 - Disposition of funds received.

Section 553.535 - Collection of charges and assessments by resolution of board.

Section 553.540 - Assessments to be levied by order of board; filing copy thereof; notice; lien; time for payment; interest.

Section 553.560 - Foreclosure of assessment; procedure; district may bid and purchase; deed; right of redemption.

Section 553.610 - Assessments or taxes upon bond issue.

Section 553.620 - Ad valorem tax in lieu of assessment.

Section 553.630 - Terms and conditions of bonds; bond register.

Section 553.640 - Sale of bonds; cancellation.

Section 553.655 - Bond elections in subdistricts.

Section 553.750 - Loan contracts with state or federal agencies; obligation of district; recording certificates.