Oregon Code § 553.610·Enacted ·Last updated March 01, 2026
Statute Text
Assessments
or taxes upon bond issue.
Any water control district issuing bonds may, after an affirmative vote at any
regular or special election called or held pursuant to the Water Control
District Act, proceed to levy and collect assessments or ad valorem taxes as
provided in subsections (1) and (2) of this section.
(1) A water
control district may proceed to levy and collect assessments for any purposes
of the water control district on a benefited basis as provided in ORS 553.330
and as determined under ORS 553.340 to 553.380. However, no change in method of
assessment shall be made except with the consent of the holders of outstanding
bonds.
(2) In lieu of
the provisions of subsection (1) of this section and not in addition thereto, a
water control district may proceed to levy an ad valorem tax for the purpose of
paying the principal and interest on bonded indebtedness when it becomes due. [1965
c.623 §14a]
Plain English Explanation
This Oregon statute addresses Assessments
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 553.610
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Assessments
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