§ 284.745 — Definitions for ORS 284.745 to 284.749

Oregon § 284.745

• Jurisdiction: Oregon
• Vol.: 7
• Title 26A: Economic Development
• Ch.: 284

Text

As used in ORS 284.745 to 284.749, “bond-related costs” means:
(1) The costs and expenses of issuing and administering bonds under ORS 284.745 to 284.749, including but not limited to:
(a) Paying or redeeming the bonds, including principal, interest and premium, if any;
(b) Paying amounts due in connection with credit enhancement devices or reserve instruments;
(c) Paying the administrative costs and expenses of the State Treasurer, the Oregon Business Development Department and the Oregon Innovation Council, including the cost of consultants, attorneys and advisers retained by the State Treasurer, the department or the council for the bonds; and
(d) Any other costs or expenses that the State Treasurer, the department or the council determines are necessary or desirable in connection with issuing or administering the bonds;
(2) The cost of funding bond reserves;
(3) Capitalized interest for the bonds; and
(4) Rebates or penalties due to the United States in connection with the bonds.

Legislative History

2011 c.610 §11