ORS § 367.163

Current through 2024 Regular Session legislation effective June 6, 2024

Section 367.163 - Purposes for which bonds may be issued

The State Treasurer, at the request of the Department of Transportation, may issue grant anticipation revenue bonds for the purposes of:

(1) Financing highway improvement projects including highway improvement projects already under way or scheduled;

(2) Financing the restoration, reconstruction or renovation of highway improvements in Oregon;

(3) Financing transportation projects;

(4) Paying the costs of issuance of the revenue bonds including, but not limited to, the costs and fees of paying agents, trustees and remarketing agents;

(5) Paying the costs of credit enhancements; or

(6) Financing the Interstate 5 bridge replacement project.

ORS 367.163

Amended by 2013 Ch. 4,§ 17, eff. 3/12/2013.

2003 c. 201, § 3