Oregon Statutes 261.180 – Effect of annexation or consolidation on title to property and indebtedness
(1) If a parcel of territory or a city is annexed to an existing people’s utility district, or two or more districts are consolidated, such annexation or consolidation shall not affect or impair the title to any property owned or held by the district or districts, or any property owned or held by the annexed city, or in trust therefor, or any debts, demands, liabilities or obligations existing in favor of or against either the district or city so annexed.
Terms Used In Oregon Statutes 261.180
- City: includes any incorporated village or town. See Oregon Statutes 174.100
- district: means an incorporated people's utility district, created under the provisions of this chapter. See Oregon Statutes 261.010
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Parcel of territory: means a portion of unincorporated territory, or an area in a city comprised of less than the entire city. See Oregon Statutes 261.010
- Utility: means a plant, works or other property used for development, generation, storage, distribution or transmission of electricity, or development or transmission of water for domestic or municipal purposes, but transmission of water shall not include water for irrigation or reclamation purposes, except as secondary to and when used in conjunction with a hydroelectric plant. See Oregon Statutes 261.010
(2) The acceptance of any indebtedness at the election to determine the question of annexation shall not include any indebtedness except such as has been incurred or assumed on account of development or purchase of a utility, including the replacement value of the unreimbursed investment of an investor owned utility in energy efficiency measures and installations within the annexed area. [Amended by 1991 c.358 § 3; 2003 c.802 § 72]
[Amended by 1973 c.796 § 10; repealed by 1975 c.647 § 53]