At the end of each biennium, the Oregon Department of Administrative Services shall transfer from the Oregon Department of Administrative Services Operating Fund to the Capital Projects Fund established by ORS § 276.005 all revenue from the rental or lease of property described in ORS § 270.150 not expended for administration, taxes, repairs or improvements. [Formerly 273.628; 1993 c.500 § 12]

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Terms Used In Oregon Statutes 270.190

  • 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