Oregon Statutes 286A.710 – Definitions for ORS 286A.710 to 286A.720
As used in ORS § 286A.710 to 286A.720:
Terms Used In Oregon Statutes 286A.710
- 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.
- United States: includes territories, outlying possessions and the District of Columbia. See Oregon Statutes 174.100
(1) ‘Article XI-D bonds’ means general obligation bonds issued under the authority of Article XI-D of the Oregon Constitution.
(2) ‘Bond-related costs’ means:
(a) The costs of paying the principal of, the interest on and the premium, if any, on Article XI-D bonds;
(b) The costs and expenses of issuing, administering and maintaining Article XI-D bonds including, but not limited to, redeeming Article XI-D bonds and paying amounts due in connection with credit enhancements or the administrative costs and expenses of the State Treasurer, the State Department of Energy and the Oregon Department of Administrative Services, including costs of consultants or advisers retained by the State Treasurer, the State Department of Energy or the Oregon Department of Administrative Services for the purpose of issuing, administering or maintaining Article XI-D bonds;
(c) Capitalized interest on Article XI-D bonds;
(d) Costs of funding reserves for Article XI-D bonds, including costs of surety bonds and similar instruments;
(e) Rebates or penalties due the United States Government in connection with Article XI-D bonds; and
(f) Other costs or expenses that the Director of the Oregon Department of Administrative Services determines are necessary or desirable in connection with issuing, administering or maintaining Article XI-D bonds. [2009 c.893 § 2]