Statutes, codes, and regulations
Oregon Revised Statutes
Title 31 - HIGHWAYS, ROADS, BRIDGES AND FERRIESChapter 381 - INTERSTATE BRIDGES
INTERSTATE BRIDGES UNDER LOCAL JURISDICTION
Section 381.240 - Incurring indebtedness for bridge expenses; issuing voted bonds

ORS § 381.240

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Current through 2024 Regular Session legislation
Section 381.240 - Incurring indebtedness for bridge expenses; issuing voted bonds

Any and all of the counties, cities, towns or ports mentioned in ORS 381.205, independently or in conjunction with each other, may incur indebtedness and issue negotiable bonds therefor in order to obtain funds for the whole or any part of the cost of the construction, reconstruction, purchase, acquisition or maintenance of the bridges authorized by ORS 381.205 to 381.314 when so authorized by the electors of the county, city, town or port. The proposition to incur such indebtedness and to issue bonds therefor may be submitted to the electors of the political subdivision at any general or special election.

ORS 381.240