Each local government may, by ordinance or resolution of its governing body from time to time, issue and sell pursuant to rebonding applications, bonds of the tenor of those designated in ORS § 223.235, in an amount not exceeding the total amount of such applications. [Amended by 1991 c.902 § 81; 2003 c.802 § 55]

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Terms Used In Oregon Statutes 223.725

  • local government: means all cities, counties and local service districts located in this state, and all administrative subdivisions of those cities, counties and local service districts. See Oregon Statutes 174.116