Oregon Statutes > Chapter 457 > Urban Renewal Agencies; Plans; Activities
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Terms Used In Oregon Statutes > Chapter 457 > Urban Renewal Agencies; Plans; Activities
- agency: means an urban renewal agency created under ORS § 457. See Oregon Statutes 457.010
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- authority: means any housing authority established pursuant to the Housing Authorities Law. See Oregon Statutes 457.010
- Blighted areas: means areas that, by reason of deterioration, faulty planning, inadequate or improper facilities, deleterious land use or the existence of unsafe structures, or any combination of these factors, are detrimental to the safety, health or welfare of the community. See Oregon Statutes 457.010
- Certified statement: means the statement prepared and filed pursuant to ORS § 457. See Oregon Statutes 457.010
- City: means any incorporated city. See Oregon Statutes 457.010
- Contract: A legal written agreement that becomes binding when signed.
- Existing urban renewal plan: means an urban renewal plan that provides for a division of ad valorem property taxes as described under ORS § 457. See Oregon Statutes 457.010
- Increment: means that part of the assessed value of a taxing district attributable to any increase in the assessed value of the property located in an urban renewal area, or portion thereof, over the assessed value specified in the certified statement. See Oregon Statutes 457.010
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Maximum indebtedness: means the amount of the principal of indebtedness included in a plan pursuant to ORS § 457. See Oregon Statutes 457.010
- Municipality: means any county or any city in this state. See Oregon Statutes 457.010
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Person: includes individuals, corporations, associations, firms, partnerships, limited liability companies and joint stock companies. See Oregon Statutes 174.100
- 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
- project: means any work or undertaking carried out under ORS § 457. See Oregon Statutes 457.010
- public body: means state government bodies, local government bodies and special government bodies. See Oregon Statutes 174.109
- Public building project: means an urban renewal project that includes a public building. See Oregon Statutes 457.010
- public notice: means any legal publication which requires an affidavit of publication as required in ORS § 193. See Oregon Statutes 174.104
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Reduced rate plan: means an urban renewal plan that:
(a) Was adopted before December 6, 1996, is an existing urban renewal plan and was designated as an Option One plan under ORS § 457. See Oregon Statutes 457.010
- Standard rate plan: means an urban renewal plan that is not a permanent rate plan or reduced rate plan. See Oregon Statutes 457.010
- Taxing district: means the state, city, county or any other unit of government that has the power to levy a tax. See Oregon Statutes 457.010
- Testimony: Evidence presented orally by witnesses during trials or before grand juries.
- Urban renewal area: means a blighted area included in an urban renewal plan or an area included in an urban renewal plan under ORS § 457. See Oregon Statutes 457.010