Oregon Statutes > Chapter 367 > Bonded Indebtedness for City and County Roads and Recreation Facilities
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Terms Used In Oregon Statutes > Chapter 367 > Bonded Indebtedness for City and County Roads and Recreation Facilities
- Bond: means a contractual undertaking or an instrument to borrow money including, but not limited to, a bond, a note, an obligation, a loan agreement, a financing lease, a financing agreement or other similar instrument or agreement. See Oregon Statutes 367.010
- City: includes any incorporated village or town. See Oregon Statutes 174.100
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.