Oregon Code § 310.208·Enacted ·Last updated March 01, 2026
Statute Text
1997-1998 urban renewal certification.
(1) Notwithstanding ORS 457.440, for the tax year beginning July 1, 1997, an
urban renewal agency shall certify to the assessor for each urban renewal plan
the amount that would have been certified under ORS 457.440 (1995 Edition) and
the other laws of this state applicable to the certification as set forth in
Oregon Revised Statutes (1995 Edition) and as further modified by the laws of
this state applicable to the tax year beginning July 1, 1997, other than:
(a) Section 11,
Article XI of the Oregon Constitution, and the other provisions of House Joint
Resolution 85 (1997) (Ballot Measure 50 (1997)); and
(b) ORS 310.212
to 310.242.
(2) If the urban
renewal plan is an existing urban renewal plan, as defined in ORS 457.010, the
urban renewal agency shall include in the certification a notice of a potential
special levy made by the municipality, as defined in ORS 457.010, as permitted
under section 11 (16), Article XI of the Oregon Constitution, in an amount to
be subsequently determined under ORS 310.240 (4). If the urban renewal plan is
not an existing urban renewal plan, no special levy described in this
subsection shall be made.
(3) For purposes
of making the certification described in this section, the real market value of
property shall be determined as provided in section 11 (11)(a)(A), Article XI
of the Oregon Constitution. [1997 c.541 §23]