Oregon Revised Statutes Chapter 451 § 451.490 — Methods of financing service facilities

Methods of financing service facilities. The district may, in accordance with the order adopted under ORS 451.485, finance the construction, operation or maintenance of service facilities for a district by: (1) Use of funds from a fund established under ORS 280.055 or 451.540 to be repaid by the district without interest. (2) Assessments against the property in the district with or without issuance of bonds authorized under ORS 223.205, 223.210 to 223.295 and 223.770. (3) Service or user charges in the district. (4) Connection charges. (5) District ad valorem taxes. (6) Sale of bonds. (7) Funds obtained under ORS 280.040, 280.050, 280.060, 280.070, 280.080 and 280.090. A district local option tax adopted under ORS 280.060 shall not authorize a tax in any fiscal year later than the fiscal year in which the district is subject to dissolution under ORS 451.620 (1) and (2). (8) Any combination of the provisions of subsections (1) to (7) of this section. [1955 c.685 §9; 1961 c.576 §15; 1963 c.515 §15; 1969 c.646 §9; 1973 c.785 §13; 1987 c.504 §12; 1995 c.333 §24; 1999 c.21 §75]