For the purposes of ORS § 223.810, a city may sell, encumber, lease, exchange or otherwise dispose of property and property rights acquired as may be found in the public interest.

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Terms Used In Oregon Statutes 223.840

  • City: includes any incorporated village or town. See Oregon Statutes 174.100
  • 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