71st OREGON LEGISLATIVE ASSEMBLY--2001 Regular Session
Enrolled
Senate Bill 526
Sponsored by Senator MESSERLE; Representative KRIEGER
CHAPTER ................
AN ACT
Relating to moneys of sanitary district; amending ORS 450.005,
450.090, 450.110, 450.115 and 450.175.
Be It Enacted by the People of the State of Oregon:
SECTION 1. ORS 450.005 is amended to read:
450.005. As used in ORS 450.005 to 450.245, unless the context
requires otherwise:
(1) 'District board' means the governing body of a district.
(2) 'County board' means the county court or board of county
commissioners of the county.
(3) 'County' means the county in which the district, or the
greater portion of the taxable assessed value of the district or
proposed district, is located.
(4) 'District' means a sanitary district formed in one or more
counties and outside the corporate limits of any city pursuant to
ORS 450.005 to 450.245 or pursuant to any law which those
sections supersede.
(5) 'Owner' means the holder of the record title to real
property or the vendee under a land sale contract, if there is
such a contract.
(6) 'Secretary' means the secretary of the district.
{ - (7) 'Treasurer' means the treasurer of the county. - }
SECTION 2. ORS 450.090 is amended to read:
450.090. { - (1) The county treasurer shall be custodian of
all sanitary district funds and shall pay out moneys of the
district only upon written order of the board, signed by the
president and countersigned by the secretary. - }
{ - (2) The order shall specify the name of the person to
whom the money is to be paid, the fund from which it is to be
paid, and shall state generally the purpose for which payment is
to be made. - }
{ - (3) The order shall be entered in the minutes of the
board. The county treasurer shall keep the order as a voucher
and shall keep account of receipts and disbursements of money for
the sanitary district. - }
{ - (4) Notwithstanding the provisions of subsections (1) to
(3) of this section, any - } Funds of the district { - other
than taxes - } may be deposited, at the discretion of the
{ + district + } board, in one or more { - banks or savings
and loan associations - } { + depositories, as defined in ORS
295.005, + } to be designated by the { + district + } board.
Funds deposited in a { - bank or savings and loan
association - } { + depository + } shall be withdrawn or paid
Enrolled Senate Bill 526 (SB 526-A) Page 1
out only upon proper order and warrant or check signed by the
president and countersigned by the secretary. { + The order
shall:
(1) Specify the name of the person to whom the moneys are paid;
(2) Specify the fund from which the moneys are paid;
(3) State generally the purpose for which the moneys are paid;
and
(4) Be entered in the minutes of the board. + }
SECTION 3. ORS 450.110 is amended to read:
450.110. (1) General obligation or revenue bonds shall be of
such denominations as the { + district + } board determines,
except that no bonds shall be of a denomination greater than
$5,000.
(2) All bonds shall be payable in lawful money of the United
States { - at the office of the county treasurer, - } { + at
a place named by the district board, + } and shall bear interest
at a rate determined by the { + district + } board, payable
semiannually.
SECTION 4. ORS 450.115 is amended to read:
450.115. The proceeds of the sale of bonds shall be
{ - deposited with the county treasurer and shall be by the
county treasurer placed in the sanitary district fund called the
Sewer Construction Fund of ____ (naming it) Sanitary - }
{ + paid to the + } district. The { - money in the fund - }
{ + proceeds + } shall be used for the purpose indicated in the
order calling for election upon the question of the issuance of
the bonds, and for no other purpose. However, if those purposes
are entirely fulfilled, any { - balance remaining in the
fund - } { + remaining proceeds + } shall be used for payment
of the principal and interest of the bonds.
SECTION 5. ORS 450.175 is amended to read:
450.175. (1) Taxes levied under ORS 450.170 shall be collected
at the same time and in the same manner as county taxes are
collected, and when collected shall be paid to the { - county
treasurer for the account of the - } district.
(2) The taxes shall be a lien upon the property against which
they are levied in the sanitary district and shall be of the same
force and effect as other liens for taxes. Their collection shall
be enforced by the same means as provided for the enforcement of
liens for state and county taxes.
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Passed by Senate April 3, 2001
...........................................................
Secretary of Senate
...........................................................
President of Senate
Passed by House May 23, 2001
...........................................................
Speaker of House
Enrolled Senate Bill 526 (SB 526-A) Page 2
Received by Governor:
......M.,............., 2001
Approved:
......M.,............., 2001
...........................................................
Governor
Filed in Office of Secretary of State:
......M.,............., 2001
...........................................................
Secretary of State
Enrolled Senate Bill 526 (SB 526-A) Page 3