Oregon Law
Law as of Jan 1, 2026
Chapter contents
550.005[Formerly part of 550.010; repealed by 1969 c.50 §1] 550.010[Amended by 1957 c.636 §1; part renumbered 550.005; repealed by 1969 c.50 §1] 550.020[Repealed by 1969 c.50 §1] 550.030[Repealed by 1969 c.50 §1] 550.040[Amended by 1957 c.636 §2; repealed by 1969 c.50 §1] 550.050[Amended by 1957 c.636 §3; repealed by 1969 c.50 §1] 550.060[Amended by 1957 c.636 §4; repealed by 1969 c.50 §1] 550.070[Amended by 1957 c.636 §5; repealed by 1969 c.50 §1] 550.080[Amended by 1957 c.636 §6; repealed by 1969 c.50 §1] 550.090[Repealed by 1969 c.50 §1] 550.100[Repealed by 1969 c.50 §1] 550.110[Repealed by 1969 c.50 §1] 550.120[Repealed by 1969 c.50 §1] 550.130[Repealed by 1969 c.50 §1] 550.140[Amended by 1957 c.636 §7; repealed by 1969 c.50 §1] 550.150Purpose of ORS 550.150 to 550.410 550.160Definitions 550.170Urban flood safety and water quality district; boundaries; vested water rights unimpaired 550.180District electors and landowners authorized to contest validity of board proceeding, action, order, contract, decision or enactment 550.190Initial district board 550.195Board of directors 550.196Terms of first directors 550.200Organizational meeting of board of directors; oath; officers; meetings; quorum 550.210Duties of board of directors 550.220Stakeholder advisory committees 550.230General powers of district 550.240Eminent domain 550.250District activities as urban services 550.260Plan for watershed and habitat improvement and landscape resilience; decennial review 550.270Construction of district works 550.280District contracts subject to Public Contracting Code 550.290Construction on public land or right of way or along public watercourse 550.300Financing construction, operation or maintenance of district works; local option taxes prohibited 550.310Assessments against benefited lands for district works; apportionment; hearing; works bonds 550.312Annual charge payable by benefited lands for district works; apportionment; assessment and collection 550.314Fee on cities and counties for district operations and works; amount based on population; indexing; local charge to pay fee 550.320Ad valorem property taxes; Local Budget Law applicable 550.330Service and user charges for district works; collection agreements; revenue bonds 550.340General obligation bonds 550.350Loan agreements with state and federal agencies; enforcement by order of circuit court; filing of loan certificate 550.360Dissolution of drainage or water control district or corporation; transfer of assets and liabilities to district; debt distribution plan; zone committee for continuity 550.362Continuity of initial district board membership following dissolution of district or corporation under ORS 550.360 550.370Notice requirements 550.380Election laws applicable 550.390Waterway pollution; penalty 550.400Civil liability for remediation costs 550.410Additional cause of action for certain impairments of district works

Chapter 550 — Urban Flood Safety and Water Quality District

ORS 550.320 Ad valorem property taxes; Local Budget Law applicable

(1)(a)

The urban flood safety and water quality district may annually impose, assess and collect a tax on all taxable property located in the district in an amount sufficient to pay the principal and interest due in the fiscal year on outstanding general obligation bonds issued by the district.

(b)

The tax imposed pursuant to this subsection shall be applied only in payment of the principal and interest due on bonds issued by the district. In addition, the district may apply any otherwise unobligated district funds toward payment of the principal and interest due on the bonds.

(2)

The district is a municipal corporation for purposes of ORS 294.305 to 294.565 and shall file a written notice with the county assessor as required under ORS 310.060.

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Version history

2026-01-01

2025 Oregon Revised Statutes — official online source