Oregon Law
Law as of Jan 1, 2024
Chapter contents
555.010Acceptance by state of conditions of Carey Act and grants thereunder 555.020Water Resources Commission to manage lands; general powers; transfer of powers of former state boards 555.030Duties of Water Resources Commission 555.040Powers of Water Resources Commission as to contracts with Secretary of Interior for lands to be reclaimed; lien for expenses 555.050Application to Water Resources Commission for lands to be reclaimed; selection and withdrawal of lands 555.060Deposit by applicant; disposition of money 555.070Contract for reclamation of land; contents; examination and report by Water Resources Commission; sale of water right to settlers; bond of contractor; deposit to secure purchasers of water rights 555.080Reclamation works; control by contractor; transfer to purchasers of water rights 555.090Time for construction of works; date of commencement; securing of water rights; cessation of work as causing forfeiture; extension of time 555.100Nonperformance by contractor; forfeiture; notice of forfeiture; sale of incomplete works; disposal of proceeds 555.110State’s liability 555.120Conditions precedent to entry onto land and sale of water rights; form of applications for purchase or for release of lien; “date of reclamation.” 555.130Application to enter; contract for purchase of water rights and release of lien; payment for land 555.140Deeds to land; execution; form; title conveyed; record; preservation of copies; copies as evidence 555.150Rules 555.160Report of work, expenditures and condition of funds; recommendations for legislation 555.170Oregon Irrigation Fund 555.171Transfers from Oregon Irrigation Fund to General Fund 555.180Payment for irrigation of acreage in excess of contract; notice by Water Resources Commission; price per acre 555.190Notice to be in writing; service; noncompliance; effect 555.310Reclamation of lands in Tumalo Project; contracts for 555.320Project manager; duties and authority 555.330Rules 555.340Water rights; sale price; lien on lands; lien list; expenditures of state; repayment from sale of lands and rights; replacement or surrender of contracts with Columbia Southern Irrigation Company 555.350Increase of lien against unsold land; reduction of amount due to state 555.360Arrangements to settle, cultivate and reclaim Carey Act lands; contract provisions; sale of water rights to private lands; rules; fees 555.370Cancellation of contract upon default 555.380Tumalo Project Fund; rules 555.390Transfer of state’s interest to irrigation districts or to federal government 555.400Preferred purchasers 555.410Repayment of appropriation from receipts of sale of lands; expenditures 555.500Formation; purpose; general powers 555.507Board of directors; meetings; quorum 555.514Qualifications to serve on board; initial meeting; initial terms of board members 555.521Finances; records 555.528Authority to issue general obligation bonds 555.535Application of ORS chapter 255

Chapter 555 — Reclamation Projects; Sand Control

ORS 555.528 Authority to issue general obligation bonds

(1)

Upon approval of the electors of a sand control district, the district may issue general obligation bonds, as prescribed in ORS 287A.300 to 287A.380, from time to time to finance purposes and duties of the district.

(2)

The district may not issue, or have outstanding at any time, general obligation bonds in a principal amount that exceeds:

(a)

Five percent of the real market value of the taxable property in the district, calculated as provided in ORS 308.207, if the district has a population of less than 100 individuals within its boundaries; or

(b)

10 percent of the real market value of the taxable property in the district, calculated as provided in ORS 308.207, if the district has a population of 100 or more individuals within its boundaries.

(3)

Bonds issued under this section must mature within 30 years from the date of issuance.

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.