ORS 530.005 Definitions for ORS 530.010 to 530.170 and 530.210 to 530.280

As used in ORS 530.010 to 530.170 and 530.210 to 530.280:

“Bond-related costs” means:

The costs and expenses of issuing, administering and maintaining bonds, including but not limited to paying principal and interest, and premiums if any, on general obligation or revenue bonds, redeeming general obligation or revenue bonds, paying amounts due in connection with credit enhancements or any instruments authorized by ORS 286A.580 (6) and paying the administrative costs and expenses of the State Treasurer and the State Forestry Department, including costs of consultants or advisors retained by the treasurer or the department for the bonds;

The costs of funding any bond reserves;

Capitalized interest for bonds;

Rebates or penalties due to the United States in connection with the bonds; and

Any other costs or expenses that the State Treasurer or the State Forestry Department determines are necessary or desirable in connection with issuing, administering or maintaining the bonds.

“Reforestation” means to increase tree stocking to a level that meets or exceeds the stocking standards relating to productivity specified by the State Board of Forestry by rule.