ORS § 267.325

Current through 2024 Regular Session legislation effective April 17, 2024
Section 267.325 - Lease purchase agreements

For the purpose of financing the design, engineering, acquisition, construction and installation of any mass transit system, a district may enter into lease purchase agreements for such term of years as the board may determine. The lease purchase payments payable by a district under any such lease purchase agreement may be payable out of any funds of the district, including without limitation any operating revenues, tax revenues or grants.

ORS 267.325

1989 c.899 §2