Oregon Statutes 286A.860 – Budgeting for Article XI-G bonds
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The Higher Education Coordinating Commission shall request that the Governor include in the Governor’s budget request to the Legislative Assembly for each biennium amounts that are sufficient to pay:
Terms Used In Oregon Statutes 286A.860
- Contract: A legal written agreement that becomes binding when signed.
(1) The costs of grant contract disbursements during the biennium for any projects to be financed by the issuance of Article XI-G bonds;
(2) The debt service due during the biennium for any Article XI-G bonds that have been or will be issued;
(3) Amounts billed during the biennium by the Oregon Department of Administrative Services, or the commission, under ORS § 286A.863 (2); and
(4) Any bond-related costs associated with any Article XI-G bonds. [2015 c.828 § 12]