Oregon Statutes 261.705 – Authority to dissolve district; vote authorizing dissolution
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Any people’s utility district which has not received voter authorization within five years of its formation election to issue bonds in an amount sufficient to acquire or build a system to provide service within its district may be dissolved whenever a majority vote of the electors of the district voting at an election for such purpose favors the dissolution. [Amended by 1987 c.824 § 1]
Terms Used In Oregon Statutes 261.705
- district: means an incorporated people's utility district, created under the provisions of this chapter. See Oregon Statutes 261.010
- Utility: means a plant, works or other property used for development, generation, storage, distribution or transmission of electricity, or development or transmission of water for domestic or municipal purposes, but transmission of water shall not include water for irrigation or reclamation purposes, except as secondary to and when used in conjunction with a hydroelectric plant. See Oregon Statutes 261.010