Chapter 128 Oregon Laws 2001

AN ACT

HB 5017

Relating to the financial administration of the Oregon State Fair and Exposition Center; appropriating money; limiting expenditures; and declaring an emergency.

Be It Enacted by the People of the State of Oregon:

SECTION 1. There is appropriated to the Oregon State Fair and Exposition Center, for the biennium beginning July 1, 2001, out of the General Fund, the amount of $1,492,452.

SECTION 2. Notwithstanding any other law, the amount of $2,244,212 is established for the biennium beginning July 1, 2001, as the maximum limit for payment of expenses from lottery moneys allocated from the Administrative Services Economic Development Fund to the Oregon State Fair and Exposition Center for debt service.

SECTION 3. Notwithstanding any other law, the amount of $10,178,143 is established for the biennium beginning July 1, 2001, as the maximum limit for payment of expenses from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by the Oregon State Fair and Exposition Center.

SECTION 4. Within the amount listed in section 3 of this 2001 Act, an amount not to exceed $1,877 may be expended for Special Entertainment and Promotion.

SECTION 5. Section 3 of this 2001 Act does not limit, affect or apply to expenditures for debt service to retire revenue bonds and certificates of participation.

SECTION 6. Notwithstanding any other law, all sections of this 2001 Act are subject to Oregon Department of Administrative Services rules related to allotting, controlling, and encumbering funds.

SECTION 7. This 2001 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 2001 Act takes effect July 1, 2001.

Approved by the Governor May 9, 2001

Filed in the office of Secretary of State May 9, 2001

Effective date July 1, 2001

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