Oregon Law
Law as of Jan 1, 2026
Chapter contents
280.010[Repealed by 1983 c.260 §13] 280.020[Repealed by 1983 c.260 §13] 280.030[Repealed by 1983 c.260 §13] 280.040Definitions for ORS 280.040 to 280.145; use of certain tax revenues 280.050Providing funds for financing cost of services, projects, property and equipment 280.055Obtaining and advancing of funds to county service districts 280.057Local option taxes for community colleges; maximum amount 280.060Levy of local option taxes outside constitutional limitation; duration of levy; approval of levy as approval of bonds 280.064Period for use of revenues raised by local option tax 280.070Manner of holding elections for local option tax or permanent rate limit; additional statement in ballot title 280.075Ballot statements for local option tax measures 280.080Contents of order, resolution or ordinance calling election 280.090Submission of several proposals to impose local option taxes 280.100[Repealed by 1997 c.308 §38] 280.110[Repealed by 1997 c.308 §38 and 1997 c.541 §308c] 280.120[Repealed by 1997 c.308 §38 and 1997 c.541 §308c] 280.130[Repealed by 1997 c.308 §38 and 1997 c.541 §308c] 280.140[Repealed by 1997 c.308 §38] 280.145Serial levy under former law 280.150Appropriating money and issuing bonds to construct, operate and maintain joint facilities 280.160[Formerly 280.990; repealed by 1997 c.308 §38] 280.250[1985 c.806 §1; 1987 c.769 §14; renumbered 285.067 in 1991] 280.255[1985 c.806 §3; 1989 c.908 §28; renumbered 285.070 in 1991] 280.260[1985 c.806 §§2,4; 1989 c.908 §29; renumbered 285.075 in 1991] 280.265[1985 c.806 §5; 1989 c.908 §30; renumbered 285.080 in 1991] 280.270[1985 c.806 §13; 1989 c.908 §31; renumbered 285.065 in 1991] 280.310[1975 c.316 §1; 1983 c.459 §1; renumbered 285.310 in 1991] 280.315[1975 c.316 §2; 1983 c.459 §2; 1989 c.908 §32; renumbered 285.315 in 1991] 280.320[1975 c.316 §3; 1977 c.147 §1; 1979 c.182 §8; 1981 c.282 §1; 1983 c.459 §9; 1985 c.806 §6; 1987 c.158 §38; 1989 c.908 §33; 1991 c.878 §1; renumbered 285.320 in 1991] 280.325[1975 c.316 §4; 1989 c.908 §34; renumbered 285.325 in 1991] 280.330[1975 c.316 §10; 1989 c.547 §1; 1989 c.908 §35; renumbered 285.330 in 1991] 280.335[1975 c.316 §7; 1983 c.459 §10; renumbered 285.335 in 1991] 280.340[1975 c.316 §8; 1989 c.908 §36; renumbered 285.340 in 1991] 280.345[1975 c.316 §9; 1983 c.459 §11; renumbered 285.345 in 1991] 280.350[1975 c.316 §6; 1983 c.459 §3; renumbered 285.350 in 1991] 280.355[1975 c.316 §5; 1977 c.147 §2; renumbered 285.355 in 1991] 280.360[1975 c.316 §11; 1983 c.459 §4; renumbered 285.360 in 1991] 280.365[1975 c.316 §12; renumbered 285.365 in 1991] 280.370[1975 c.316 §13; renumbered 285.370 in 1991] 280.375[1975 c.316 §14; renumbered 285.375 in 1991] 280.380[1975 c.316 §15; renumbered 285.380 in 1991] 280.385[1975 c.316 §16; 1983 c.459 §12; renumbered 285.385 in 1991] 280.390[1975 c.316 §17; 1979 c.284 §130; renumbered 285.390 in 1991] 280.393[1983 c.459 §6; 1989 c.908 §37; renumbered 285.393 in 1991] 280.395[1983 c.459 §7; 1989 c.966 §14; renumbered 285.395 in 1991] 280.397[1983 c.459 §8; 1985 c.806 §7; 1987 c.840 §5; 1989 c.908 §38; renumbered 285.397 in 1991] 280.410Definitions for ORS 280.410 to 280.485 280.415Legislative findings 280.417[1979 c.865 §2b; repealed by 2003 c.286 §10] 280.420Eligibility of projects for financing; standards; ordinance for applications 280.422Exception to eligibility standards 280.424Bond-financed single room occupancy rental housing to conform with federal law 280.425City powers concerning property 280.430Contractual powers of city; requirements for project loans and leases 280.431Required condition of purchase for low income single room occupancy housing project 280.432Limitations on housing loans from bond proceeds; discrimination; relocation; conversion 280.435Limitation on city power 280.440Authority to issue revenue bonds 280.442[1979 c.865 §2c; 1981 c.368 §4; 1987 c.696 §1; repealed by 2003 c.286 §10] 280.445Factors considered in determining whether to issue bonds 280.450Issuance of bonds 280.455Administrative expenses 280.460Refunding bonds 280.465Validity of bonds 280.470Covenants in bonds allowed 280.475Limitations of bonds; recitals 280.480Powers and rights of bondholders 280.482Report required; contents 280.485Effect of ORS 280.410 to 280.485 on powers of city 280.500County economic development plan; criteria 280.505Coordination of plan with other local governments and plans 280.507[1987 c.584 §2; 1991 c.11 §3; renumbered 285.680 in 1991] 280.508County public purpose revolving loan fund 280.510[1987 c.584 §1; renumbered 285.683 in 1991] 280.513[1987 c.584 §3; renumbered 285.685 in 1991] 280.515[1987 c.584 §4; renumbered 285.687 in 1991] 280.517[1987 c.584 §5; renumbered 285.690 in 1991] 280.518Display of information that program is financed by State Lottery 280.520[1981 c.286 §1; 1983 c.41 §3; 1989 c.547 §2; 1989 c.908 §39; 1989 c.1085 §10; 1991 c.11 §4; renumbered 285.403 in 1991] 280.522[1981 c.286 §2; 1983 c.41 §4; 1989 c.908 §40; renumbered 285.405 in 1991] 280.523[1983 c.41 §2; 1989 c.908 §41; renumbered 285.407 in 1991] 280.525[1981 c.286 §3; 1983 c.41 §4a; 1989 c.908 §42; renumbered 285.410 in 1991] 280.530[1981 c.286 §4; repealed by 1983 c.41 §14] 280.532[1981 c.286 §5; 1983 c.41 §5; 1985 c.806 §8; 1987 c.769 §15; 1989 c.1015 §23; 1989 c.1043 §12; 1989 c.1085 §11; 1991 c.11 §18; 1991 c.67 §§69,70; 1991 c.878 §3; renumbered 285.413 in 1991] 280.535[1981 c.286 §6; 1983 c.41 §6; 1985 c.806 §9; 1989 c.908 §44; 1989 c.1085 §12; 1991 c.209 §§1,2; renumbered 285.415 in 1991] 280.540[1981 c.286 §7; 1983 c.41 §6a; 1985 c.806 §10; 1989 c.908 §45; renumbered 285.417 in 1991] 280.542[1981 c.286 §8; 1983 c.41 §7; renumbered 285.420 in 1991] 280.545[1981 c.286 §9; 1983 c.41 §7a; 1989 c.908 §47; renumbered 285.423 in 1991] 280.547[1989 c.455 §5; renumbered 285.425 in 1991] 280.550[1981 c.286 §10; 1989 c.908 §48; renumbered 285.427 in 1991] 280.552[1981 c.286 §11; 1983 c.41 §7b; 1989 c.908 §49; renumbered 285.430 in 1991] 280.555[1981 c.286 §12; 1989 c.908 §50; 1989 c.1085 §13; renumbered 285.433 in 1991] 280.560[1981 c.286 §13; 1983 c.41 §8; 1989 c.908 §51; renumbered 285.435 in 1991] 280.565[1981 c.286 §14; 1983 c.41 §9; 1989 c.908 §52; renumbered 285.437 in 1991] 280.570[1981 c.286 §15; 1983 c.41 §10; 1989 c.908 §53; renumbered 285.440 in 1991] 280.575[1981 c.286 §16; 1983 c.41 §11; 1983 c.459 §16; 1985 c.806 §15; 1989 c.908 §54; 1989 c.966 §15; 1989 c.1085 §14; renumbered 285.443 in 1991] 280.580[1981 c.286 §17; 1983 c.41 §12; renumbered 285.445 in 1991] 280.585[1981 c.286 §18; 1983 c.41 §13; renumbered 285.447 in 1991] 280.610[1977 c.839 §1; 1979 c.182 §9; repealed by 1987 c.769 §20] 280.620[1977 c.839 §2; repealed by 1987 c.769 §20] 280.630[1977 c.839 §3; 1979 c.412 §3; repealed by 1987 c.769 §20] 280.640[1977 c.839 §4; repealed by 1987 c.769 §20] 280.645[1979 c.412 §2; repealed by 1987 c.769 §20] 280.650[1977 c.839 §5; 1979 c.182 §10; 1979 c.412 §4a; 1985 c.806 §18; repealed by 1987 c.769 §20] 280.660[1977 c.839 §6; repealed by 1987 c.769 §20] 280.670[1977 c.839 §6a; repealed by 1987 c.769 §20] 280.710[1981 c.505 §1; 1989 c.851 §2; renumbered 285.465 in 1991] 280.715[1981 c.505 §2; renumbered 285.467 in 1991] 280.720[1981 c.505 §3; 1989 c.851 §3; 1989 c.908 §56; renumbered 285.470 in 1991] 280.725[1981 c.505 §4; renumbered 285.473 in 1991] 280.730[1981 c.505 §5; 1989 c.851 §4; renumbered 285.475 in 1991] 280.735[1981 c.505 §6; 1989 c.851 §5; renumbered 285.477 in 1991] 280.740[1981 c.505 §7; renumbered 285.480 in 1991] 280.775[1989 c.136 §2; renumbered 285.453 in 1991] 280.780[1989 c.136 §3; 1991 c.11 §5; renumbered 285.450 in 1991] 280.785[1989 c.136 §4; renumbered 285.457 in 1991] 280.790[1989 c.136 §5; renumbered 285.460 in 1991] 280.795[1989 c.136 §6; renumbered 285.463 in 1991] 280.905[1983 c.689 §1; renumbered 285.500 in 1991] 280.910[1983 c.689 §2; subsection (4) enacted as 1983 c.518 §4; renumbered 285.503 in 1991] 280.920[1989 c.1085 §1; 1991 c.4 §1; renumbered 285.510 in 1991] 280.923[1989 c.1085 §2; 1991 c.4 §2; renumbered 285.507 in 1991] 280.926[1989 c.1085 §4; 1991 c.4 §3; renumbered 285.513 in 1991] 280.929[1989 c.1085 §5; 1991 c.4 §5; renumbered 285.515 in 1991] 280.932[1989 c.1085 §6; 1991 c.4 §6; renumbered 285.517 in 1991] 280.935[1989 c.1085 §7; 1991 c.4 §7; renumbered 285.520 in 1991] 280.938[1989 c.1085 §8; 1991 c.4 §8; renumbered 285.523 in 1991] 280.941[1989 c.1085 §9; 1991 c.4 §9; renumbered 285.525 in 1991] 280.944[1989 c.1085 §3; 1991 c.4 §10; renumbered 285.527 in 1991] 280.947[1989 c.1085 §16 (enacted in lieu of 1985 c.806 §16); renumbered 285.530 in 1991] 280.960[1989 c.455 §1; renumbered 285.533 in 1991] 280.963[1989 c.455 §2; renumbered 285.535 in 1991] 280.966[1989 c.455 §3; renumbered 285.537 in 1991] 280.990[Amended by 1979 c.284 §132; renumbered 280.160 in 1991]

Chapter 280 — Financing of Local Public Projects and Improvements; City and County Economic Development

ORS 280.460 Refunding bonds

The city shall have the power, whenever it deems refunding expedient, to refund any bonds issued under ORS 280.410 to 280.485 by the issuance of new bonds, whether the bonds to be refunded have or have not matured. The refunding bonds may be exchanged for bonds to be refunded and the proceeds applied to the purchase, redemption or payment of such bonds.

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2026-01-01

2025 Oregon Revised Statutes — official online source