Oregon Law
Law as of Jan 1, 2024
Chapter contents
778.005Definitions 778.008Port of Portland granted powers of ports formed under ORS chapter 777; exceptions; additional powers 778.010District known as Port of Portland; boundaries; capacity to sue 778.015Purposes and general powers of port 778.016Best value standards for Port of Portland contracts and space leases 778.020Acquisition of City of Portland property by port; assumption of bonds; election 778.025Power to engage in certain commercial activities 778.030Power to issue general obligation bonds; limitation; dedication of revenues; use of proceeds 778.035[Amended by 1971 c.728 §108; repealed by 1977 c.33 §2 (778.036 enacted in lieu of 778.035)] 778.036Issuance of bonds 778.040General obligation bond issues to be approved by electors 778.045Amount of general obligation bonds issued in one year limited 778.050[Amended by 1971 c.728 §111; repealed by 1977 c.33 §4] 778.055[Amended by 1971 c.728 §112; repealed by 1977 c.33 §4] 778.060Expenditure of bond sale funds for operating expenses limited 778.065Port taxing power; annual limitation 778.068Filing boundary change with county assessor and Department of Revenue 778.070Tax levy 778.073Recreational facilities; development; operation; maintenance 778.075[Repealed by 1971 c.728 §138] 778.080[Amended by 1963 c.145 §1; repealed by 1971 c.728 §138] 778.085Control over port waters and wharf lines; adoption and enforcement of navigational rules; authority to establish penalties; limitation 778.090Rights of riparian owners and owners of moorage facilities 778.095Eminent domain power 778.100Reclamation of lands within port limits; assessments; lien; hearing; appeal 778.105Port required to contract for work and materials; dry docks; bids 778.110Personnel; membership in retirement systems 778.115Improvement contracts with federal government 778.120Operation of chapter upon rights of other entities within port limits 778.125Port assistance to other governmental units within port boundaries 778.145Issuance of revenue bonds; election; use of proceeds; status of bonds 778.150Ordinance authorizing revenue bonds; content; special trust funds; trustees; enforcement 778.155Form and content of bonds 778.160Borrowing in anticipation of bond sale; bond anticipation notes; content; sale 778.165Sale of revenue bonds 778.170Bonds as obligations of political subdivision 778.175Effect of ORS 778.145 to 778.175 778.205Board of commissioners; general powers 778.210Qualifications of members 778.215Appointment; confirmation; vacancies 778.220Removal 778.225Meetings; rules; quorum; executive committee 778.230Board officers 778.235Causes of vacancies; leaves of absence 778.240[Amended by 1971 c.728 §132; repealed by 2001 c.883 §1] 778.245[Amended by 1961 c.673 §1; 1971 c.728 §133; repealed by 1975 c.771 §33] 778.250[Repealed by 1971 c.728 §138] 778.255Enactment of port ordinances; effective date; passage; effect of referendum 778.260Ordinances for regulating use of port properties; port peace officers; jurisdiction 778.270Initiative and referendum procedures 778.405[Repealed by 1971 c.728 §138] 778.410[Repealed by 1971 c.728 §138] 778.415[Repealed by 1971 c.728 §138] 778.420[Repealed by 1971 c.728 §138] 778.425[Repealed by 1971 c.728 §138] 778.430[Repealed by 1971 c.728 §138] 778.435[Repealed by 1971 c.728 §138] 778.440[Amended by 1963 c.9 §41; repealed by 1971 c.728 §138] 778.445[Amended by 1971 c.647 §144; repealed by 1971 c.728 §138] 778.450[Amended by 1971 c.647 §145; repealed by 1971 c.728 §138] 778.455[Repealed by 1971 c.728 §138] 778.460[Repealed by 1971 c.728 §138] 778.465[Amended by 1963 c.9 §42; repealed by 1971 c.728 §138] 778.470[Repealed by 1971 c.728 §138] 778.475[Repealed by 1971 c.728 §138] 778.480[Repealed by 1971 c.728 §138] 778.990Penalties

Chapter 778 — Port of Portland

ORS 778.060 Expenditure of bond sale funds for operating expenses limited

The board shall not expend, within any one calendar year, from the funds derived from the sale of bonds, in excess of $500,000 to meet the operating expenses of the Port of Portland. As used in this section “operating expenses” means the maintenance of plant, structures and equipment and such dredging as may be required to preserve or restore at or to its artificial depth a channel previously excavated by the port.

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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.