Oregon § 350.675 Powers of municipality

Oregon Statutes

§ 350.675 — Powers of municipality

Oregon § 350.675

Vol.9

Title 30Education and Culture

Ch. 350Statewide Coordination of Higher Education

This text of Oregon § 350.675 (Powers of municipality) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Or. Rev. Stat. § 350.675 (2026).

Text

Except as otherwise provided in ORS 350.685, a municipality shall have all powers necessary to finance education facilities in accordance with ORS 350.665 to 350.695, including the power:

(1)To borrow money and to issue revenue bonds to finance education facilities costs or to refund revenue bonds pursuant to ORS 287A.150.

(2)To pledge education facility revenues to pay revenue bonds.

(3)To loan money to educational institutions to finance education facilities and to enter into loan contracts.

(4)To enter into covenants with the owners of revenue bonds which are intended to protect the rights of such owners.

(5)To contract with trustees to hold and administer education facility revenues and the proceeds of revenue bonds.

(6)To take any other action necessary to carry out the powers g

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Except as otherwise provided in ORS 350.685, a municipality shall have all powers necessary to finance education facilities in accordance with ORS 350.665 to 350.695, including the power:
(1) To borrow money and to issue revenue bonds to finance education facilities costs or to refund revenue bonds pursuant to ORS 287A.150.
(2) To pledge education facility revenues to pay revenue bonds.
(3) To loan money to educational institutions to finance education facilities and to enter into loan contracts.
(4) To enter into covenants with the owners of revenue bonds which are intended to protect the rights of such owners.
(5) To contract with trustees to hold and administer education facility revenues and the proceeds of revenue bonds.
(6) To take any other action necessary to carry out the powers granted by ORS 350.665 to 350.695.