Oregon Statutes 457.437 – Consultation with municipalities; resolution requirements
(1) Prior to the establishment of a maximum amount of indebtedness for an urban renewal plan under ORS § 457.190 and before an option is adopted under ORS § 457.435, the urban renewal agency that is carrying out the plan shall meet with the governing bodies of the municipality that activated the urban renewal agency and other municipalities affected by the urban renewal plan and review the proposed maximum amount of indebtedness for the plan and the agency’s recommended option under ORS § 457.435.
Terms Used In Oregon Statutes 457.437
- agency: means an urban renewal agency created under ORS § 457. See Oregon Statutes 457.010
- Municipality: means any county or any city in this state. See Oregon Statutes 457.010
- plan: means a plan, as it exists or is changed or modified from time to time for one or more urban renewal areas, as provided in ORS § 457. See Oregon Statutes 457.010
(2) After the meeting described in subsection (1) of this section, the governing bodies shall adopt resolutions in support of or opposition to the recommended option under ORS § 457.435.
(3) If an affected municipality adopts a resolution in opposition to the recommended option, then the agency’s recommendations may be adopted only by the adoption of a separate resolution by the municipality that activated the urban renewal agency. [1997 c.541 § 454a]