ORS 381.440
Bond election

  • petition requirements
  • debt limitation

(1)

This section establishes the procedure for determining whether a county shall issue bonds for the construction of an interstate bridge under ORS 381.420 (County financing construction of interstate bridges). The question shall be decided by election. The county court:

(a)

May order the election on its own resolution; or

(b)

Shall order the election when a petition is filed as provided in this section.

(2)

The order of the county court calling the election shall set out the amount of bonds proposed to be issued, the length of time they shall run and the maximum rate of interest they shall bear.

(3)

The requirements for preparing, circulating and filing a petition under this section shall be as provided for an initiative petition in ORS 250.165 (Prospective petition) to 250.235 (Retention of petition materials).

(4)

Notwithstanding subsection (3) of this section, if ORS 250.155 (Application of ORS 250.165 to 250.235) makes ORS 250.165 (Prospective petition) to 250.235 (Retention of petition materials) inapplicable to a county, the requirements for preparing, circulating and filing a petition under this section shall be as provided for an initiative petition under the county charter or an ordinance adopted under the county charter.

(5)

Notwithstanding subsection (1) of this section, if the county debt for the construction of permanent roads already incurred or authorized, together with the new debt sought to be created by the petition, exceeds two percent of the assessed valuation of the county, then the county court shall not call an election under this section.

(6)

An election under this section shall be held on a date specified in ORS 203.085 (County election dates). The election shall be conducted under ORS chapters 246 to 260.

(7)

A county may hold no more than one election under this section in any 12-month period. [Amended by 1983 c.350 §248]

Source: Section 381.440 — Bond election; petition requirements; debt limitation, https://www.­oregonlegislature.­gov/bills_laws/ors/ors381.­html.

381.005
Construction, acquisition and maintenance of Columbia River bridges
381.010
Agreements for carrying out powers
381.015
Requirements for request for proposals or invitation to bid
381.020
Using funds available for bridge expenses
381.080
ORS 381.005 to 381.020 as cumulative
381.096
Construction, acquisition and maintenance of Snake River bridges
381.098
Agreements for carrying out powers granted by ORS 381.096
381.100
Requirements for request for proposals or invitation to bid
381.205
Construction, acquisition, maintenance and connection of interstate bridges by counties, cities, towns and ports
381.210
Agreements for carrying out powers of counties, cities, towns and ports
381.215
Independent or cooperative action
381.220
Contents of agreement
381.225
Using funds available to public body for bridge expenses
381.227
Employment and compensation of attorneys
381.230
Using bond proceeds for bridge expenses
381.235
Formal requirements and conditions of bonds
381.237
Issuance of refunding revenue bonds
381.239
Revenue bonds and refunding revenue bonds are negotiable instruments
381.240
Incurring indebtedness for bridge expenses
381.245
Payment of bond principal and interest with bridge tolls
381.250
Acceptance of funds from United States and gifts
381.255
Selection of bridge sites
381.260
Plans and specifications for bridge construction
381.265
Provision in bridge plans for rail traffic
381.270
Bids for bridge construction
381.275
Contracts made in name of authority authorizing work
381.280
Bond required with certain contracts
381.285
Power to exercise eminent domain
381.290
Operation of bridge as free or toll bridge
381.295
Bridge, connecting road and approaches as state highway
381.300
Acquisition and operation of interstate ferry by bridge authority
381.302
Acquiring and operating interstate ferry by bridge authority as part of cost of acquiring interstate bridge
381.305
Authority conferred by ORS 381.205 to 381.300 is supplemental authority
381.310
Port of Hood River bridge projects
381.312
Tolls, administrative fees and civil penalties in connection with Port of Hood River bridges
381.314
Sale or transfer of Port of Hood River bridge or bridge project
381.405
“Construct,” “construction” and “county court” defined
381.410
Interstate bridges as permanent roads
381.415
Counties given state power to construct bridges
381.420
County financing construction of interstate bridges
381.440
Bond election
381.490
County bonding committee
381.495
Duties and powers of bonding committee
381.500
Terms and conditions of bonds
381.505
Registering bonds
381.510
Bond advertisement and sale
381.515
Custody and disbursement of bond proceeds
381.520
Tax to pay bond interest and principal
381.605
City construction, operation and financing of interstate bridges
381.611
Bond election
381.615
Majority vote required
381.635
Duties and powers of council
381.640
Terms and conditions of bonds
381.645
Registering bonds
381.650
Bond advertisement and sale
381.655
Custody and disbursement of bond proceeds
381.660
Use of tolls to pay bonded indebtedness and bridge maintenance
381.665
Tax for bridge expense not paid by tolls
381.670
Plans for bridge construction
381.824
Interstate bridges of other states or subdivisions made tax-exempt
Green check means up to date. Up to date