Oregon Law
Law as of Jan 1, 2024
Chapter contents
267.001Authority of certain mass transit and transportation districts to impose vehicle registration fees 267.010Definitions for ORS 267.010 to 267.394 267.020Transfer of transit system to metropolitan service district; effect of transfer order 267.030Use of alternative fuels for certain district vehicles; exceptions; annual report; application to all district vehicles 267.080Creation of district; district jurisdiction 267.085Resolution to form district; content; filing 267.090Directors; appointment; term; vacancies; Governor to fix time of first meeting 267.095Terms of directors first appointed 267.097Governor to solicit recommendations for director in metropolitan statistical area with population over 400,000 267.100[1969 c.643 §2; 1977 c.347 §3; 1979 c.877 §3; renumbered 267.080] 267.105[1969 c.643 §3; 1971 c.727 §95; renumbered 267.085] 267.107Resolution to create certain districts; contents; election; filing 267.108Appointment of directors 267.109[1977 c.347 §5; repealed by 2018 c.4 §4] 267.110[1969 c.643 §4; 1971 c.727 §96; 1975 c.142 §1; 1975 c.632 §3; 1977 c.728 §1; 1981 c.496 §1; renumbered 267.090] 267.112[1975 c.632 §2; 1977 c.347 §4; 1977 c.728 §2a; 1979 c.585 §2; 1985 c.678 §5; repealed by 2018 c.4 §4] 267.114Minimum area of district 267.115[1969 c.643 §5; 1975 c.632 §4; renumbered 267.095] 267.120Officers of board; terms; oath 267.125Meetings of board; quorum 267.130Additional compensation prohibited 267.135General manager; qualifications; term; removal 267.140Duties of general manager 267.145General manager’s attendance at board meetings; pro tempore manager 267.150Ordinances; regulating use of facilities; public hearings; route, schedule changes 267.153Administrative process for adjudicating ordinance violations; penalties 267.154Collection of data relating to administrative process for adjudicating ordinance violations; reports 267.155[1969 c.643 §19; repealed by 1971 c.268 §24] 267.160[1969 c.643 §36; repealed by 1971 c.268 §24] 267.165[1969 c.643 §18(2), (3); repealed by 1971 c.268 §24] 267.170Initiative and referendum 267.200Existence, status and general powers of districts 267.203Authority to enter into transaction for electricity or diesel fuel 267.205Classification and designation of service areas; determination of area financing 267.208Effective date of change of boundaries; filing boundary change with county assessor and Department of Revenue 267.210Preparation of general plan for mass transit system; content; revision 267.215[1969 c.643 §§9,21; repealed by 1975 c.771 §33] 267.218Feasibility reports and public bidding not required for construction and improvement projects costing less than $50,000 267.220[1969 c.643 §22; repealed by 1975 c.771 §33] 267.225Intergovernmental agreements; condemnation of authority; joint occupancy 267.227Relationship with Oregon Mass Transportation Financing Authority 267.230Exemption from public utility or railroad regulation 267.235Protection of employees’ rights when an operating transportation system is acquired 267.237Criminal records check; authority of district to require fingerprints; fitness determinations; rules regarding dissemination 267.240Accessibility of facilities and equipment to elderly persons and persons who have disabilities 267.245District exempt from right of way fencing requirements 267.247Acquisition of district lands by adverse possession or operation of statute of limitations prohibited 267.250Definitions for ORS 267.250 to 267.263 267.253Petition for withdrawal from district; filing period; number of signatures; contents of petition 267.255Hearing on petition; notice 267.257Study of area proposed to be withdrawn; approval or denial of withdrawal; judicial review 267.260Withdrawal ordinance; effective date; adjustment in district tax rate as result of withdrawal 267.263Withdrawal of territory not subject to boundary commission review 267.265Use of moneys derived from withdrawal of territory from district 267.300Authority of district to finance system 267.302Restrictions on financing for districts formed under ORS 267.107 267.305Levy, collection, enforcement of ad valorem taxes 267.310Revolving fund; authority to levy ad valorem taxes for fund 267.320User charges, fees and tolls; persons over 65 267.325Lease purchase agreements 267.330General obligation bonds; conditions; interest rate; payment of principal and interest; pledge of net revenue 267.334Electoral approval for issuance of general obligation bonds by Tri-Met to fund extension of light rail 267.335Authority to issue revenue bonds; interest-bearing warrants 267.340Refunding bonds 267.345Issuance of bonds 267.360Business, trade, occupational and professional licenses and fees; exceptions 267.370District taxing authority 267.380Definitions for ORS 267.380 and 267.385 267.385Employer payroll tax; collection; enforcement 267.387Restrictions on increase in payroll tax 267.390Acceptance of funds from United States 267.394Investment of certain funds held by TriMet 267.395[1969 c.643 §38; repealed by 1971 c.647 §149] 267.400Authority to issue short-term obligations; conditions 267.410Certain districts authorized to impose employer payroll tax on state agencies and political subdivisions 267.420Employer payroll tax on State of Oregon and political subdivisions; requirements for tax ordinance 267.430Certain state agencies exempt from employer payroll tax 267.480TriMet Crash Advisory Committee 267.510Definitions for ORS 267.510 to 267.650 267.515Application of ORS chapter 255 to district 267.517Use of alternative fuels for certain district vehicles; exceptions; annual report; application to all district vehicles 267.520Method of forming district 267.530Establishment of permanent tax rate limit at time of formation 267.540Governing body; term; vacancies; chairperson; rules of procedure; report to legislature 267.550Status of district 267.560General powers 267.570Powers relating to public transportation 267.575Preparation of public transit system plan; contents; revision 267.580Employees 267.590Interagency agreements 267.600[1974 c.9 §3; repealed by 1983 c.350 §331a] 267.610[1974 c.9 §2; repealed by 2015 c.283 §2] 267.612Acquisition of district lands by adverse possession or operation of statute of limitations prohibited 267.615Financing methods 267.620Power to levy taxes 267.622Filing boundary change with county assessor and Department of Revenue 267.630Issuance and sale of bonds 267.640Refunding bonds 267.650Finance elections 267.990Penalties

Chapter 267 — Mass Transit Districts; Transportation Districts VEHICLE REGISTRATION FEES 267.207 Change of district boundaries; elector approval; withdrawal of service from area;

ORS 267.203 Authority to enter into transaction for electricity or diesel fuel

(1)

A mass transit district may enter into transactions with persons or entities for the supply or delivery of electricity or diesel fuel on an economic, dependable and cost-effective basis, including transactions involving financial products contracts and agreements for exchange of fixed and variable pricing agreements and other service contracts that reduce the risk of economic losses in transactions for the supply or delivery of electricity or diesel fuel.

(2)

Notwithstanding subsection (1) of this section, a mass transit district may not enter into a transaction for the supply or delivery of electricity or diesel fuel that:

(a)

Constitutes the investment of surplus funds for the purpose of receiving interest or other earnings from the investment; or

(b)

Is for any purpose other than the supply or delivery of electricity or diesel fuel on a cost-effective basis.

Note: 267.203 was added to and made a part of

ORS chapter 267 by legislative action but was not added to any smaller series therein. See Preface to Oregon Revised Statutes for further explanation.

Official sources · 2Tap to view provenance and version history

Online copy of the published ORS edition

Provenance

Version history

Prior statutory text is not available in the ingested published editions. Consult an earlier official ORS edition or the cited Oregon Laws chapter.