Oregon Revised Statutes

Chapter 370 — County Road Bonding Act

30 sections

370.005 [Repealed by 1983 c.327 §16]repealed

No operative statutory text appears at this designation in the selected edition.

370.010 Authority to issue bonds

Any county may issue bonds for the purpose of raising money to be used for the construction and maintenance of permanent roads in that county. All moneys raised under the provisions of this chapter shall be used in constructing permanent public roads in that county, which roads, except as otherwise provided by law, shall be constructed by the county court u…

370.020 Road work plans, specifications and bids

The county court: Shall prepare plans and specifications of roads mentioned in ORS 370.010. Shall invite bids in conformity to such plans and specifications. May also receive and consider any and all bids in conformity to any plans and specifications furnished by any individual, firm or corporation offering to bid on such roads. May reject any and all bi…

370.030 [Repealed by 1983 c.350 §232 (370.031 enacted in lieu of 370.030)]repealed

No operative statutory text appears at this designation in the selected edition.

370.031 Election procedure to determine issuance of bonds under ORS 370.010

This section establishes the procedure for determining whether a county shall issue bonds under ORS 370.010. The question shall be decided by election. The county court: May order the election on its own resolution; or Shall order the election when a petition is filed as provided in this section. The requirements for preparing, circulating and filing a pe…

370.040 [Repealed by 1983 c.350 §331a]repealed

No operative statutory text appears at this designation in the selected edition.

370.050 [Repealed by 1983 c.350 §331a]repealed

No operative statutory text appears at this designation in the selected edition.

370.060 [Repealed by 1983 c.350 §331a]repealed

No operative statutory text appears at this designation in the selected edition.

370.070 [Repealed by 1983 c.350 §331a]repealed

No operative statutory text appears at this designation in the selected edition.

370.080 [Repealed by 1973 c.549 §1 (370.082 enacted in lieu of 370.080)]repealed

No operative statutory text appears at this designation in the selected edition.

370.082 [1973 c.549 §2 (enacted in lieu of 370.080); repealed by 1983 c.350 §331a]repealed

No operative statutory text appears at this designation in the selected edition.

370.084 [1973 c.549 §3; repealed by 1983 c.350 §331a]repealed

No operative statutory text appears at this designation in the selected edition.

370.086 [1973 c.549 §4; repealed by 1983 c.350 §331a]repealed

No operative statutory text appears at this designation in the selected edition.

370.090 [Repealed by 1983 c.350 §331a]repealed

No operative statutory text appears at this designation in the selected edition.

370.100 [Repealed by 1983 c.350 §331a]repealed

No operative statutory text appears at this designation in the selected edition.

370.110 [Repealed by 1983 c.350 §331a]repealed

No operative statutory text appears at this designation in the selected edition.

370.120 County court’s use of money raised by sale of bonds

If the county court in its order calling an election under ORS 370.031 designates the particular roads to be built or improved by the money raised by the sale of bonds, the county court shall not use any of the money raised upon any other road or for any other purpose than those mentioned in the order. If the order does not designate any particular roads to …

370.130 Order declaring election results; contents and effect

If at any election under ORS 370.031 a majority of the electors voting at the election favors issuing the bonds, the county court shall enter an order in its journal declaring that fact. This order shall: Be conclusive as to the regularity of all the proceedings in reference to the matter. Designate the amount of the total assessed valuation of all the pro…

370.140 Issuance of bonds

After having entered the order as provided in ORS 370.130, the county court shall cause the bonds to be issued as prescribed in ORS chapter 287A.

370.150 Issuance of serial in lieu of term bonds

After the issuance of bonds has been authorized by an election held in accordance with ORS 370.031, 370.120 and 370.130, the county court, in lieu of bonds redeemable only at the time stated in the notice, may issue bonds and, in the order providing for their issuance, reserve the right to redeem any or all of them serially each year. When bonds are issued w…

370.160 Option to issue redeemable term or serial bonds

In its discretion, the county court further may issue either term bonds or the serial bonds mentioned in ORS 370.150 with the option of redeeming them on and after certain interest-paying dates specified by the county court in the bonds.

370.170 Special bond redemption funds

Beginning with the fourth year after the bonds are sold the county court shall each year thereafter, until maturity of the bonds, set aside as a special fund for their payment such percentage of the face value of the bonds as at the date of their maturity shall aggregate their full face value. Where bonds are issued in different series maturing at different …

370.180 Tax levy for redemption fund and bond interest

The amount necessary to provide the redemption fund and to pay the annual interest on outstanding bonds shall be added to the general levy of taxes as may be required, which tax shall be levied upon all the taxable property within the county.

370.190 [Repealed by 1967 c.451 §32]repealed

No operative statutory text appears at this designation in the selected edition.

370.200 Loan of redemption funds

Whenever there are sufficient funds on hand in the bond redemption fund, the county treasurer with the approval of the county court may loan any money in the bond redemption fund, secured by first mortgage on improved real estate within the county at six percent interest per year. All applications for such loans shall be made in writing to the county treasur…

370.210 [Repealed by 1967 c.451 §32]repealed

No operative statutory text appears at this designation in the selected edition.

370.220 [Repealed by 1967 c.451 §32]repealed

No operative statutory text appears at this designation in the selected edition.

370.230 [Repealed by 1967 c.451 §32]repealed

No operative statutory text appears at this designation in the selected edition.

370.240 Warrants in lieu of bonds

After the issuance of bonds has been authorized by an election held in accordance with ORS 370.031, 370.120 and 370.130, the county court, in lieu of the issuance of any or all such bonds, may issue warrants drawn upon the county treasury for the purpose of securing any or all funds sought to be secured by the issuance of such bonds. These warrants shall be…

370.250 [Repealed by 1981 c.153 §79]repealed

No operative statutory text appears at this designation in the selected edition.