Oregon Statutes 550.195 – Board of directors
(1) The board of directors shall consist of nine voting directors selected as follows:
Terms Used In Oregon Statutes 550.195
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
(a) One director shall be elected at large by the electors. A candidate for this position must be an elector.
(b) Four directors shall be elected at large by the electors. A candidate for any of these positions must be an elector who:
(A) Resides within the managed floodplain;
(B) Regardless of whether the elector resides within the managed floodplain, owns real property located within the managed floodplain; or
(C) Regardless of whether the elector resides within the managed floodplain, is the designated representative of a business or other for profit or nonprofit corporation that owns real property located within the managed floodplain and is authorized in writing by the owner to be a candidate at the time of filing the declaration of candidacy.
(c)(A) The Governor shall appoint four directors as follows:
(i) One director with expertise or an interest in flood safety;
(ii) One director with expertise or an interest in environmental conservation;
(iii) One director with expertise or an interest in environmental justice; and
(iv) One director representing the Port of Portland from among persons recommended by the board of commissioners of the Port of Portland.
(B) Before making an appointment under subparagraph (A)(i) to (iii) of this paragraph, the Governor shall provide the board of directors with an opportunity to recommend individuals who may have specific kinds of expertise that the board believes to be necessary or beneficial to the district.
(2) Each elected director of the board of directors shall be elected at a regular district election for a term of four years as provided in ORS § 255.335.
(3) Each director of the board of directors appointed by the Governor under subsection (1)(c) of this section shall be appointed for a term of four years beginning July 1 and ending June 30.
(4)(a)(A) The board of directors shall fill any vacancy among the elected directors of the board of directors as provided in ORS § 198.320.
(B) The Governor shall fill any vacancy among the appointed directors of the board of directors.
(b) A director appointed to the board of directors under paragraph (a) of this subsection shall serve the remainder of the unexpired term of the director that the newly appointed director replaces. [2022 c.16 § 5]