ORS 468.439: Borrowing authority of public agency.
Edition: 2025 EditionEffective: 2026-01-01Last verified: 2026-09-07
Notwithstanding any limitation contained in any other provision of law or local charter, a public agency may: (1) Borrow money from the Water Pollution Control Revolving Fund through the Department of Environmental Quality; (2) Enter into loan agreements and make related agreements with the department in which the public agency agrees to repay the borrowed money in accordance with the terms of the loan agreement; (3) Covenant with the department regarding the operation of treatment works and the imposition and collection of rates, fees and charges for the treatment works; (4) Pledge all or part of the revenues of the treatment works to pay the amount due under the loan agreement and notes in accordance with ORS chapter 287A; and (5) Provide any additional security and exercise any powers permitted to an issuer of revenue bonds under ORS chapter 287A. [1989 c.560 §2; 1993 c.411 §9; 2007 c.783 §206]
Administrative rules citing this section
- OAR 340-054-0005: Purpose — implements
- OAR 340-054-0010: Definitions — implements
- OAR 340-054-0011: Authorized Fund Uses — implements
- OAR 340-054-0015: Clean Water State Revolving Fund Loans: Eligible Projects and Activities — implements
- OAR 340-054-0022: Clean Water State Revolving Fund Loans: Loan Application Requirements — implements
- OAR 340-054-0025: Clean Water State Revolving Fund Loans: Intended Use Plan (IUP) and Project Priority List — implements
- OAR 340-054-0026: Clean Water State Revolving Fund Loans: CWSRF Project Ranking Criteria for Loans — implements
- OAR 340-054-0036: Clean Water State Revolving Fund Loans to Public Agency Borrowers: Reserves, CWSRF General Fund and Project Funding — implements
- OAR 340-054-0056: Clean Water State Revolving Fund Loans: CWSRF Loan Use Conditions — implements
- OAR 340-054-0060: Clean Water State Revolving Fund Loans to Public Agency Borrower: Loan Agreement and Conditions — implements
- OAR 340-054-0065: Clean Water State Revolving Fund Loans to Public Agency Borrowers: Loan Types, Terms and Interest Rates — implements
- OAR 340-054-0066: Clean Water State Revolving Fund Loans to CDFI Borrowers: Loan Conditions and Agreements, Terms, and Interest Rates — implements
- OAR 340-054-0071: Purchase and Refinancing a Public Agency’s Debt Obligation: Debt Obligation Purchase — implements
- OAR 340-054-0072: Purchase and Refinancing of a Public Agency’s Debt Obligation: Bond Purchase — implements
- OAR 340-081-0005: Purpose — implements
- OAR 340-081-0010: Definitions — implements
- OAR 340-081-0015: Eligible Projects — implements
- OAR 340-081-0020: Eligible Costs — implements
- OAR 340-081-0026: Nature and Limitations of Financial Assistance — implements
- OAR 340-081-0031: Preliminary Request for Financial Assistance — implements
- OAR 340-081-0036: Prioritization of Preliminary Applications — implements
- OAR 340-081-0041: Priority Point Schedule — implements
- OAR 340-081-0046: Execution of Loan Agreement — implements
- OAR 340-081-0051: Loan Closing — implements
- OAR 340-081-0100: Rejection of Applications — implements
- OAR 340-081-0110: Assessment Deferral Loan Program Revolving Fund — implements
This rule cites
No citations extracted.
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Official source: https://www.oregonlegislature.gov/bills_laws/ors/ors468.html