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Current as of January 01, 2023 | Updated by Findlaw Staff
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, concession facilities of all kinds and any property or property rights appurtenant to such facilities for such period and under such terms and conditions and upon such rental, fees and charges as the commission may determine, and may pledge all or any portion of such rentals, fees and charges and all other revenue derived from the ownership or operation of such facilities to pay and secure the payment of general obligation bonds or revenue bonds issued for authorized purposes.
Cite this article: FindLaw.com - Oregon Revised Statutes Public Organizations for Community Service § 263.250 - last updated January 01, 2023 | https://codes.findlaw.com/or/title-24-public-organizations-for-community-service/or-rev-st-sect-263-250/
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