Oregon Code § 271.530·Enacted ·Last updated March 01, 2026
Statute Text
Powers
of counties and cities to acquire and dispose of industrial facilities.
In addition to any other powers
which they may now have, and notwithstanding any law to the contrary, each
county and city shall have the following powers:
(1) To acquire by
gift, grant or donation one or more industrial facilities, which shall be
located within the state, and which may be located within, without, or
partially within or partially without, such county or city.
(2) To lease to
any person, firm, partnership or corporation, either public or private, any or
all of such industrial facilities acquired pursuant to subsection (1) of this
section from a nonprofit corporation formed for the purpose of stimulating
industrial development, including any part thereof, for such rentals and upon
such terms and conditions and for such period or periods as the governing body
of the appropriate county or city may deem advisable.
(3)(a) To sell or
convey all or any of such industrial facilities acquired by a county, including
any part thereof, at public or private sale, with or without advertisement, and
to do all acts necessary to the accomplishment of such sale and conveyance.
(b) To sell or
convey all or any of such industrial facilities acquired by a city, including
any part thereof, at public or private sale as authorized under ORS 221.725,
221.727 or 221.729, and to do all acts necessary to the accomplishment of such
sale and conveyance. [1965 c.553 §3; 1983 c.216 §3; 2021 c.624 §4]
Plain English Explanation
This Oregon statute addresses Powers
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 271.530
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
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