Oregon § 458.460 Bidding procedure for multiple applicants

Oregon Statutes

§ 458.460 — Bidding procedure for multiple applicants

Oregon § 458.460

Vol.13

Title 36AHousing; Lottery and Games; Environment

Ch.458

This text of Oregon § 458.460 (Bidding procedure for multiple applicants) 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. § 458.460 (2026).

Text

In the event that more than one housing authority or appropriate nonprofit organization is interested in a building available for transfer under ORS 458.405 to 458.460, the state or its agency shall conduct a bidding process that takes into account:

(1)The entity most capable of delivering services and housing options to conform with the purpose of ORS 458.405 to 458.460;

(2)The fiduciary obligation of the state and its agencies to bondholders; and

(3)Financial prudence. [1989 c.440 §10] (Home Start Lands)

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In the event that more than one housing authority or appropriate nonprofit organization is interested in a building available for transfer under ORS 458.405 to 458.460, the state or its agency shall conduct a bidding process that takes into account:
(1) The entity most capable of delivering services and housing options to conform with the purpose of ORS 458.405 to 458.460;
(2) The fiduciary obligation of the state and its agencies to bondholders; and
(3) Financial prudence. [1989 c.440 §10]
(Home Start Lands)