Oregon Statutes 523.050 – Water and real property transactions; right to obtain geothermal heat from other sources
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A geothermal heating district may purchase, sell and hold interests in water and real property in carrying out the objects of the district. A district also has the right to purchase or obtain from cities or other geothermal heating districts, geothermal heat, or an interest in geothermal heat, or an interest in a geothermal heat pipeline owned or operated by a city or other geothermal heating district, or to obtain jointly with a city or other geothermal heating district, any right, or to lay and own individually or jointly with any city or other geothermal heating district, any geothermal heat pipeline for the purposes specified in ORS § 523.030. [1975 c.782 § 5; 2003 c.802 § 129]
Terms Used In Oregon Statutes 523.050
- City: includes any incorporated village or town. See Oregon Statutes 174.100
- District: means a geothermal heating district formed under this chapter. See Oregon Statutes 523.010
- Geothermal heat: means heat derived from geothermal resources. See Oregon Statutes 523.010
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.