ORS 778.065 Port taxing power; annual limitation

The Port of Portland may each year assess, levy and collect taxes upon all taxable real and personal property situated within its boundaries as required:

To pay principal and interest on bonds issued under ORS 778.030;

To pay bonds, debentures and other obligations of the City of Portland assumed under ORS 778.020; and

To pay all other expenses that may be incurred in the exercise of the powers granted to the port.