Oregon Statutes 545.351 – Acquisition of lands from owners; crediting of value on charge against remainder of land
In order to make the lands available for development by the federal government or any federal agency, as provided in ORS § 545.349, any irrigation district may accept from any landowner within the district title to any part of the land of the landowner and allow the landowner credit to the extent of the reasonable value of that land on the reclamation charge against the remainder of the land of the landowner. However, credit shall not be allowed so as to entirely extinguish the reclamation charge against any land in the district, and land shall not be accepted by the district or credit allowed until a contract has been executed by the district and the federal government or some federal agency for development of the lands. [Formerly 545.174]
Terms Used In Oregon Statutes 545.351
- Contract: A legal written agreement that becomes binding when signed.
- District: means an irrigation district organized or operating under this chapter. See Oregon Statutes 545.002
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
[Amended by 1995 c.42 § 173; renumbered 545.671 in 1995]
[Amended by 1995 c.42 § 174; renumbered 545.673 in 1995]