The bonds and the amount thereof authorized pursuant to ORS § 223.705 shall not be counted in calculating the limited indebtedness of any local government, fixed either by its charter, ORS § 223.295, by any law, or by the Constitution of this state, but shall be in excess thereof and excluded from such debt limitations. [Amended by 1991 c.902 § 82; 2003 c.802 § 56]

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Terms Used In Oregon Statutes 223.735

  • 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

 

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