Oregon Revised Statutes Chapter 263 — Convention Facilities

Oregon · statute · Or. Rev. Stat. ch. 263 · 8 active provisions

Or. Rev. Stat. § 263.210

Creation of sports and convention facilities commission by ballot measure

(1) The governing body of a county may submit to a vote by the electors of that county a proposition for the creation of a sports and convention facilities commission. (2) The ballot measure shall specify: (a) The name of the commission, which shall be “The Multi-Event and Convention Facilities Commission of _____ Coun…

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Or. Rev. Stat. § 263.230

Commission board of directors; meetings; vacancies; employees and agents

(1) The commission shall be managed and controlled by a board of directors consisting of all nine commissioners, who shall be appointed by the governing body of a county. The governing body of a county shall appoint commissioners so as to assure fair representation of the various geographic areas of the county by the b…

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Or. Rev. Stat. § 263.240

General powers of commission

A commission shall have all powers necessary to accomplish the purpose of providing sports and convention facilities for the people of Oregon including, without limitation, the power: (1) To sue and be sued in its own name. (2) To acquire by purchase, construction, exchange, gift, lease, lease-purchase, or otherwise, a…

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Or. Rev. Stat. § 263.250

Power to lease or contract for use of facilities; use of revenues to pay bonds

In addition to the powers granted under ORS 263.240, the commission shall also have the power to lease to any municipality or person, or to contract for the use or operation by any municipality or person, of all or any part of the facilities authorized by this chapter, including but not limited to parking facilities, c…

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Or. Rev. Stat. § 263.260

Authority to issue revenue and general obligation bonds

(1) For the purpose of providing sports and convention facilities for the people of Oregon and to exercise the powers granted by ORS 263.240 (2), the commission may issue revenue and bond anticipation notes or their equivalent, revenue bonds and general obligation bonds within the limitation now or hereafter prescribed…

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Or. Rev. Stat. § 263.270

Fund to pay principal and interest on bonds; pledge of revenues

(1) When a commission issues revenue bonds under this chapter, the resolution authorizing the issuance of the revenue bonds shall create a special fund for the sole purpose of paying the principal of and interest on the bonds of each such issue, into which fund board of directors may obligate the commission to pay all…

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Or. Rev. Stat. § 263.280

Annual budget; approval by county

The commission shall prepare a budget for each fiscal year covering the projected operating expenses of the commission and its sports and convention facilities and the estimated income to pay the operating expenses. It shall submit the budget for review and approval or rejection to the governing body of the county in w…

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Or. Rev. Stat. § 263.300

Liberal construction of statutes

The provisions of this chapter shall be liberally construed to effect its purposes. [1985 c.654 §10] _______________

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