Oregon Statutes 457.045 – Election of method of exercise of urban renewal agencys powers
The governing body of a municipality shall, in the ordinance adopted under ORS § 457.035, elect to have the powers of an urban renewal agency under this chapter exercised in one of the following ways:
Terms Used In Oregon Statutes 457.045
- agency: means an urban renewal agency created under ORS § 457. See Oregon Statutes 457.010
- authority: means any housing authority established pursuant to the Housing Authorities Law. See Oregon Statutes 457.010
- Municipality: means any county or any city in this state. See Oregon Statutes 457.010
(1) By a housing authority of the municipality established pursuant to the Housing Authorities Law in which case the name of the body corporate and politic shall be the ‘housing authority and urban renewal agency’ of the municipality.
(2) By appointing a board or commission composed of not less than three members.
(3) By the governing body, itself, provided, however, that any act of the governing body acting as the urban renewal agency shall be, and shall be considered, the act of the urban renewal agency only and not of the governing body. [Formerly 457.140]
[Amended by 1953 c.230 § 3; 1957 c.456 § 19; repealed by 1979 c.621 § 28]