Oregon Statutes 223.715 – Payment of rebonded assessment
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The amount of the assessment to be rebonded shall constitute a new principal and shall be paid in such number of equal periodic installments as the governing body of the local government may determine, with interest thereon at the rate per annum determined by the governing body of the local government under ORS § 223.215. [Amended by 1969 c.531 § 6; 1981 c.322 § 5; 1991 c.902 § 79; 2003 c.802 § 53]
Terms Used In Oregon Statutes 223.715
- 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