Or. Admin. R. 734-035-0130

Current through Register Vol. 63, No. 8, August 1, 2024

Section 734-035-0130 - Procedure If No Satisfactory Bid Received

(1) At any time during a period of one year after the auction date from which no satisfactory bid was received, the Department may sell the property at a private negotiated sale.

(2) In negotiating a private sale pursuant to section (1) of this rule, the Department shall consider the economic benefit to the Department and the preservation of the Highway Trust Fund.

HWY 9-1990, f. & cert. ef. 5-24-90

Stat. Auth.: ORS 184 & ORS 366

Stats. Implemented: ORS 270 .140