Oregon Statutes 403.535 – Power to contract bonded indebtedness
Current as of: 2023 | Check for updates
|
Other versions
A radio and data district has the power to contract bonded indebtedness for the purpose of providing funds:
Terms Used In Oregon Statutes 403.535
- Contract: A legal written agreement that becomes binding when signed.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(1) To acquire land, rights of way and interests in land, buildings and equipment.
(2) To improve land and install facilities.
(3) To construct, reconstruct, improve, repair and furnish buildings.
(4) To acquire equipment of all types, including vehicular equipment necessary for and in the use, development and improvement of the real property, equipment and facilities of the district.
(5) To pay the costs, expenses and attorney fees incurred in the issue and sale of the bonds.
(6) To fund or refund outstanding indebtedness, or for any one or combination of any such purposes. [2009 c.584 § 15]