Oregon Statutes 778.065 – Port taxing power; annual limitation
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The Port of Portland may each year assess, levy and collect taxes upon all taxable real and personal property situated within its boundaries as required:
Terms Used In Oregon Statutes 778.065
- City: includes any incorporated village or town. See Oregon Statutes 174.100
- Personal property: All property that is not real property.
- Port: means The Port of Portland. See Oregon Statutes 778.005
(1) To pay principal and interest on bonds issued under ORS § 778.030;
(2) To pay bonds, debentures and other obligations of the City of Portland assumed under ORS § 778.020; and
(3) To pay all other expenses that may be incurred in the exercise of the powers granted to the port. [Amended by 1963 c.9 § 40; 1971 c.701 § 1; 1971 c.728 § 143]