Oregon Code § 221.035·Enacted ·Last updated March 01, 2026
Statute Text
Economic feasibility statement; contents.
(1) If a person intends to file a petition for
incorporation under ORS 221.031 (1), the person may file a notice of intent to
prepare an economic feasibility statement with the county clerk of the county
in which the proposed city lies or, should it lie in more than one county, with
the county clerk of the county in which the largest part of its territory lies.
(2) When a
petition for incorporation is filed under ORS 221.031 (1), an economic
feasibility statement concerning the proposed city described in the petition
shall also be filed with the county clerk. The economic feasibility statement
shall be prepared by the persons designated as the chief petitioners and shall
form the basis for the proposed permanent rate limit for operating taxes
required by ORS 221.031 (3). The economic feasibility statement shall contain:
(a) A description
of the services and functions to be performed or provided by the proposed city;
(b) An analysis
of the relationship between those services and functions and other existing or
needed government services; and
(c) Proposed
first and third year budgets for the new city demonstrating its economic
feasibility. [1989 c.92 §28; 1997 c.541 §352; 2001 c.557 §3; 2007 c.669 §4]