Oregon Statutes 478.410 – Power of district to levy taxes, borrow money, sell bonds and create fees
(1) To provide funds for defraying expenses for the establishment, equipment and maintenance of the district, the district board may provide for a tax on the assessed value of all taxable property within the district.
Terms Used In Oregon Statutes 478.410
- District: means a rural fire protection district proposed to be organized or organized under, or subject to, this chapter. See Oregon Statutes 478.001
- district board: means the governing body of a district. See Oregon Statutes 478.001
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(2) To carry into effect any of the powers granted to the district, the district, when authorized by a majority of the voters voting at an election called for that purpose, may borrow money and sell and dispose of general obligation bonds. The total outstanding general obligation bonds, together with liabilities outstanding incurred under rental or lease-purchase agreements authorized by subsection (3) of this section, may not exceed one and one-fourth percent (0.0125) of the real market value of all taxable property within the district, computed in accordance with ORS § 308.207.
(3) The district board may enter into rental or lease-purchase agreements to rent, lease or acquire real or personal property, or both, required for fire-protection purposes. Except for agreements to rent, lease or acquire real property, an agreement may not run for more than 10 years or be subject to renewal. The aggregate principal obligations under the agreements, and under other like agreements, with outstanding bonded indebtedness, may not exceed the limitation imposed by subsection (2) of this section. ORS § 294.305 to 294.565 do not affect or restrict the right of any district to enter into an agreement described in this subsection.
(4) Unless expressly prohibited by the documents creating the district, a district board may adopt an ordinance as provided under ORS § 198.510 to 198.600 to create a fee for any service provided by the district. A fee created under authority of this section may not exceed the cost to the district of providing the service. The fee authority granted to a board by this subsection is in addition to any authority granted to a board under local law or by the documents creating the district. Notwithstanding ORS § 198.600, the failure to pay a fee created under authority of this section is not a violation punishable under ORS § 198.600. [Amended by 1959 c.520 § 1; 1963 c.9 § 30; 1967 c.235 § 1; 1969 c.667 § 26; 1975 c.467 § 1; 1981 c.804 § 108; 1983 c.192 § 3; 1991 c.459 § 418; 2005 c.620 § 1; 2017 c.26 § 9]