(1) To pay principal and interest on bonds issued under ORS 778.030;
(2) To pay bonds, debentures and other obligations of the City of Portland assumed under ORS 778.020; and
(3) To pay all other expenses that may be incurred in the exercise of the powers granted to the port. [Amended by 1963 c.9 §40; 1971 c.701 §1; 1971 c.728 §143]
Structure 2021 Oregon Revised Statutes
Volume : 19 - Utilities, Vehicle Code, Watercraft, Aviation
Chapter 778 - Port of Portland
Section 778.005 - Definitions.
Section 778.010 - District known as Port of Portland; boundaries; capacity to sue.
Section 778.016 - Best value standards for Port of Portland contracts and space leases.
Section 778.020 - Acquisition of City of Portland property by port; assumption of bonds; election.
Section 778.025 - Power to engage in certain commercial activities.
Section 778.040 - General obligation bond issues to be approved by electors.
Section 778.065 - Port taxing power; annual limitation.
Section 778.073 - Recreational facilities; development; operation; maintenance.
Section 778.100 - Reclamation of lands within port limits; assessments; lien; hearing; appeal.
Section 778.105 - Port required to contract for work and materials; dry docks; bids.
Section 778.110 - Personnel; membership in retirement systems.
Section 778.145 - Issuance of revenue bonds; election; use of proceeds; status of bonds.
Section 778.155 - Form and content of bonds.
Section 778.160 - Borrowing in anticipation of bond sale; bond anticipation notes; content; sale.
Section 778.210 - Qualifications of members.
Section 778.215 - Appointment; confirmation; vacancies.
Section 778.225 - Meetings; rules; quorum; executive committee.
Section 778.230 - Board officers.
Section 778.235 - Causes of vacancies; leaves of absence.
Section 778.255 - Enactment of port ordinances; effective date; passage; effect of referendum.