74th OREGON LEGISLATIVE ASSEMBLY--2007 Regular Session
Note: For budget, see 2007-2009 Biennial Budget
NOTE: Matter within { + braces and plus signs + } in an
amended section is new. Matter within { - braces and minus
signs - } is existing law to be omitted. New sections are within
{ + braces and plus signs + } .
LC 9516
Senate Bill 5516
Printed pursuant to Senate Interim Rule 213.28 by order of the
President of the Senate in conformance with presession filing
rules, indicating neither advocacy nor opposition on the part
of the President (at the request of Budget and Management
Division, Oregon Department of Administrative Services)
SUMMARY
The following summary is not prepared by the sponsors of the
measure and is not a part of the body thereof subject to
consideration by the Legislative Assembly. It is an editor's
brief statement of the essential features of the measure as
introduced.
Appropriates moneys from General Fund to Department of Higher
Education for capital construction.
Limits for six-year period beginning July 1, 2007, payment of
expenses from bond proceeds and other revenues, including federal
funds, collected or received by Department of Higher Education
for capital construction within Department of Higher Education
and by Department of Community Colleges and Workforce Development
for capital construction at community colleges.
Sets expiration date on project approvals and expenditure
limitations.
Establishes accounts related to issuance of general obligation
bonds under Article XI-G of Oregon Constitution.
Authorizes State Treasurer, at request of State Board of
Education, to issue bonds under Article XI-G of Oregon
Constitution for capital construction at community colleges.
Declares emergency, effective July 1, 2007.
A BILL FOR AN ACT
Relating to state financial administration; creating new
provisions; amending sections 26, 27 and 29, chapter 787,
Oregon Laws 2005; appropriating money; limiting expenditures;
and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
SECTION 1. { + The State Board of Higher Education shall
determine the capital renewal, code compliance and safety
projects to be undertaken with moneys made available under
section 2 (1)(c) of this 2007 Act on the basis of the board's
determination of the most critical deferred maintenance needs. In
determining the deferred maintenance needs, the board shall give
priority to projects that protect the health and safety of
occupants and maintain the structural integrity of
facilities. + }
SECTION 2. { + Notwithstanding any other law limiting
expenditures, the following amounts are established for a
six-year period beginning July 1, 2007, as the maximum limit for
payment of expenses under this section from bond proceeds and
other revenues, including federal funds, collected or received by
the Department of Higher Education, for the acquisition of land,
improvements to land and the acquisition, planning, constructing,
altering, repairing, furnishing and equipping of buildings,
facilities and other projects within the Department of Higher
Education: + }
________________________________________________________________
____NOTE_TO_WEB_CUSTOMERS:__________________________________
THE FOLLOWING TABULAR TEXT MAY BE IRREGULAR.
FOR COMPLETE INFORMATION PLEASE SEE THE PRINTED MEASURE.
_______________________________________________________________
Other
Revenues
ArticleArticle (including
XI-G XI-F(1) Lottery Energy Federal
Bonds Bonds Bonds Loans COPs Funds)
____NOTE_TO_WEB_CUSTOMERS:__________________________________
THE FOLLOWING TABULAR TEXT MAY BE IRREGULAR.
FOR COMPLETE INFORMATION PLEASE SEE THE PRINTED MEASURE.
_______________________________________________________________
(1) Department of Higher
Education
(a) ORBIS Cascade Alliance
Regional Library Services
Center $ - $ 4,600,000 $ - $$-4,600,000
(b) UO/PSU/Regional Solar
Power Project - 1,000,0003,000,000 -1,000,000
(c) Capital renewal, code
compliance and safe20,000,080,400,000 - 13,100,000
(2) Western Oregon University
(a) New student resi11,250,000 - - - -
(b) Business, Math and Computer
Science Faci5,000,000ect 8,000,000 - -1,000,000
(c) Humanities and Social
Science Deferred Maintenance/
Seismic Tier II - 1,969,0001,074,000 -1,080,000
(3) Eastern Oregon University
(a) Eastern Oregon Regional
Information Center 3,100,017,900,000 - -4,500,000
(b) Hermiston University
Center 6,500,000 - - - -6,500,000
(c) Inlow Hall Deferred
Maintenance/Seismic -ier I 2,624,0003,618,000 - -
(4) Oregon State University
(a) Biofuels Lab and
Learning Center - 3,000,000 - -1,000,000
(b) National Wave Energy
Research Center - 3,000,000 - -3,000,000
(c) Wind Farm Project- 1,000,0004,000,000 - -
(d) OSU Dining Center
Renovation: Arnold
Catering 3,500,000 - - - -
(e) Cross Country Tra3,000,000 - - - -
(f) Athletics/Academic
Center - 1 - - - -
(g) Boathouse remodel3,000,000 - - - -
(h) Gill Coliseum re20,000,000 - - - -
(i) Mouse Model Organism
Facility - - - - -1,500,000
(j) Intramural Field
Synthetic Turf Proje-t - - - -3,250,000
(k) Pauling Research and
Education B31,256,035 - - - 31,256,035
(L) Nash Hall Deferred
Maintenance/Seismic
Tier II - 7,552,0006,824,000 -1,198,000
(m) Building rewiring- - - 5,000,000 -
(5) Portland State University
(a) Parking expansion
(block 189 developm12,000,000 - - - -
(b) Student housing and
land acquisition - 1 - - - -
(c) Peter Stott Center
gym expansion 8,500,000 - - - -
(d) Retail developmen- 1 - - - -
(e) Land acquisition - 1 - - - -
(f) Walk of the Heroines
Project - - - - -1,800,000
(g) Science Research and Teaching
Center/Hazardous Waste
Facility 9,500,000 - - - -9,500,000
(h) Lincoln Hall Deferred
Maintenance/Seismic
Tier I - 17,232,0011,986,000 - -
(i) Science Building II
Deferred Maintenance/
Seismic Tier II - 15,317,0010,992,000 - -
(j) Campus fiber expansion
and telecom facility
upgrades - - - 1,000,000 -
(6) Southern Oregon University,
Theater Arts Expansion
and Remodel - 4,350,000 - -4,350,000
(7) University of Oregon
(a) Riverfront Research
Park Multitenant
Building 19,250,000 - - - -
(b) Riverfront Research
Park building purch14,373,000 - - - -
(c) New student housi-g 1 - - - -
(d) Food service upgr1,000,000 - - - -
(e) Residence hall re2,000,000 - - - -
(f) Residence hall renewal
for marketing 2,000,000 - - - -
(g) Gilbert/Peterson Hall
phase 3 - - - - -5,000,000
(h) Oregon State Museum
of Anthropology - - - - -2,500,000
(i) Integrative Science
Complex, Ph30,000,000 - - - 30,000,000
(j) Fenton Hall Deferred
Maintenance/Seismic
Tier I - 4,961,0003,111,000 - -
(k) Classroom and laboratory
upgrades - - - 5,000,000 -
(8) Oregon Institute of
Technology
(a) Geothermal Electrical
Generation Project - 2,000,0003,000,000 - -
(b) Center for Health
Professions 9,000,000 - - - 11,000,000
(9) Project Reserves 4,584,190 - - -5,029,521
____________________________________________________________
END OF POSSIBLE IRREGULAR TABULAR TEXT
____________________________________________________________
________________________________________________________________
SECTION 3. { + Notwithstanding any other law limiting
expenditures, the following amounts are established for a
six-year period beginning July 1, 2007, as the maximum limit for
payment of expenses under this section from bond proceeds and
other revenues, including federal funds, collected or received by
the Department of Community Colleges and Workforce Development,
for the acquisition of and improvements to land and the
acquisition, planning, constructing, altering, repairing,
furnishing and equipping of buildings and facilities at community
colleges: + }
________________________________________________________________
____NOTE_TO_WEB_CUSTOMERS:__________________________________
THE FOLLOWING TABULAR TEXT MAY BE IRREGULAR.
FOR COMPLETE INFORMATION PLEASE SEE THE PRINTED MEASURE.
_______________________________________________________________
Other
Revenues
Article (including
XI-G Federal
Bonds Funds)
____NOTE_TO_WEB_CUSTOMERS:__________________________________
THE FOLLOWING TABULAR TEXT MAY BE IRREGULAR.
FOR COMPLETE INFORMATION PLEASE SEE THE PRINTED MEASURE.
_______________________________________________________________
(1)Blue Mountain Community College
-Hermiston University Ce$t4,000,00$ 4,000,000
(2)Central Oregon Community College
-Science and Allied Health
Instructional Building 7,500,000 7,500,000
(3)Chemeketa Community College
-Classroom and Health Scie7,500,000 7,500,000
(4)Clatsop Community College
-New campus 17,500,00017,500,000
(5)Clackamas Community College
-Allied Healthcare Center 7,500,000e7,500,000
(6)Columbia Gorge Community College
-Workforce building 7,500,000 7,500,000
(7)Lane Community College
-Health and Wellness Build7,500,000 7,500,000
(8)Linn-Benton Community College
-Library and Student Servi3,500,000a3,500,000
(9)Oregon Coast Community College
-Expansion - Aquarium South
County and Central Campus 7,500,000h7,500,000
(10Portland Community College
-Educational Center 7,500,000 7,500,000
(11Treasure Valley Community College
-Community College/Univers2,150,000r2,150,000
(12Umpqua Community College
-Regional Health Occupational
Training Center 7,500,000 7,500,000
____________________________________________________________
END OF POSSIBLE IRREGULAR TABULAR TEXT
____________________________________________________________
________________________________________________________________
SECTION 4. { + Notwithstanding any other provision of this
2007 Act, the bond proceeds and other revenues, including federal
funds, the expenditures from which are limited by section 2 of
this 2007 Act, are not available for expenditure before the
effective date of this 2007 Act. However, any action taken by the
State Board of Higher Education prior to the effective date of
this 2007 Act or any contract entered into by the board prior to
the effective date of this 2007 Act necessary for the acquisition
of and improvements to land and the acquisition, planning,
constructing, altering, repairing, furnishing and equipping of
buildings and facilities authorized by this 2007 Act is hereby
authorized. + }
SECTION 5. { + (1) The project approvals and expenditure
limitations in this 2007 Act, and the expenditure limitations
established by the Emergency Board during the biennium beginning
July 1, 2007, for capital construction or acquisition projects of
the Department of Higher Education and of the Department of
Community Colleges and Workforce Development for community
colleges, expire on June 30, 2013, unless otherwise noted or
unless changed by the Legislative Assembly.
(2) The project approvals and expenditure limitations
established by section 2 (3)(h) and (4)(f), chapter 845, Oregon
Laws 2001, for capital construction or acquisition projects of
the Department of Higher Education expire on June 30, 2009,
unless otherwise changed by Legislative Assembly. + }
SECTION 6. { + (1) Pursuant to Article XI-G of the Oregon
Constitution and ORS 286.031 to 286.061 and 351.345, the State
Board of Higher Education may sell, with the approval of the
State Treasurer, general obligation bonds of the State of Oregon
of the kind and character and within the limits prescribed by
Article XI-G of the Oregon Constitution, as the board determines,
but in no event may the board sell more than the aggregate
principal sum of $139,231,035 par value for the biennium
beginning July 1, 2007. The moneys realized from the sale of the
bonds shall be appropriated and may be expended for the purposes
set forth in section 2 (3)(h), chapter 845, Oregon Laws 2001, and
in section 2 (5)(f), (i) and (j), (6)(h) and (7)(e), chapter 787,
Oregon Laws 2005, and section 2 (2)(b), (3)(b), (4)(k), (5)(g),
(7)(i) and (8)(b) of this 2007 Act and for payment for
capitalized interest and costs incidental to issuance of the
bonds.
(2) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 2 (2)(b) of this 2007 Act are
matched with the General Fund appropriation made under section 10
of this 2007 Act.
(3) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 2 (3)(b) of this 2007 Act are
matched with the General Fund appropriation made under section 11
of this 2007 Act.
(4) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 2 (4)(k) of this 2007 Act are
matched with the General Fund appropriation made under section 12
of this 2007 Act.
(5) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 2 (5)(g) of this 2007 Act are
matched with the General Fund appropriation made under section 13
of this 2007 Act.
(6) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 2 (7)(i) of this 2007 Act are
matched with the General Fund appropriation made under section 14
of this 2007 Act.
(7) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 2 (8)(b) of this 2007 Act are
matched with the General Fund appropriation made under section 15
of this 2007 Act. + }
SECTION 7. { + Notwithstanding the expenditure limitations
established under sections 2 and 8 of this 2007 Act, the State
Board of Higher Education may increase any limit for expenditures
from other revenues, including federal funds, prescribed by
sections 2 and 8 of this 2007 Act for a specific project, if the
expenditure limitation for bonds issued pursuant to Article
XI-F(1) or XI-G of the Oregon Constitution for the project is
reduced by the board in the same amount. + }
SECTION 8. { + (1) Notwithstanding the expenditure limitations
established under section 2 of this 2007 Act, and subject to
subsection (3) of this section, the State Board of Higher
Education may expend amounts that exceed the expenditure
limitations established under section 2 (2) to (8) of this 2007
Act for bonds issued pursuant to Article XI-F(1) of the Oregon
Constitution by the following percentage amounts:
(a) For a project with a combined approved General Fund
appropriation and total expenditure limitation of $500,000 to
$999,999 under section 2 of this 2007 Act, up to 12 percent of
the expenditure limitation for bonds issued pursuant to Article
XI-F(1) of the Oregon Constitution.
(b) For a project with a combined approved General Fund
appropriation and total expenditure limitation of $1,000,000 to
$4,999,999 under section 2 of this 2007 Act, up to eight percent
of the expenditure limitation for bonds issued pursuant to
Article XI-F(1) of the Oregon Constitution.
(c) For a project with a combined approved General Fund
appropriation and total expenditure limitation of $5,000,000 to
$9,999,999 under section 2 of this 2007 Act, up to five percent
of the expenditure limitation for bonds issued pursuant to
Article XI-F(1) of the Oregon Constitution.
(d) For a project with a combined approved General Fund
appropriation and total expenditure limitation of $10,000,000 or
more under section 2 of this 2007 Act, up to three percent of the
expenditure limitation for bonds issued pursuant to Article
XI-F(1) of the Oregon Constitution.
(2) Notwithstanding the expenditure limitations established
under section 2 of this 2007 Act, and subject to subsection (3)
of this section, the State Board of Higher Education may expend
amounts that exceed the expenditure limitations established under
section 2 (2) to (8) of this 2007 Act for other revenues,
including federal funds, by the following percentage amounts:
(a) For a project with a combined approved General Fund
appropriation and total expenditure limitation of $500,000 to
$999,999 under section 2 of this 2007 Act, up to 12 percent of
the expenditure limitation for other revenues, including federal
funds.
(b) For a project with a combined approved General Fund
appropriation and total expenditure limitation of $1,000,000 to
$4,999,999 under section 2 of this 2007 Act, up to eight percent
of the expenditure limitation for other revenues, including
federal funds.
(c) For a project with a combined approved General Fund
appropriation and total expenditure limitation of $5,000,000 to
$9,999,999 under section 2 of this 2007 Act, up to five percent
of the expenditure limitation for other revenues, including
federal funds.
(d) For a project with a combined approved General Fund
appropriation and total expenditure limitation of $10,000,000 or
more under section 2 of this 2007 Act, up to three percent of the
expenditure limitation for other revenues, including federal
funds.
(3) The total amount by which the expenditure limitations
established under section 2 of this 2007 Act are exceeded under
subsections (1) and (2) of this section may not be greater than
the sum of the amounts established under section 2 (9) of this
2007 Act. + }
SECTION 9. { + Notwithstanding ORS 351.345 and section 2 of
this 2007 Act, the State Board of Higher Education may issue
bonds for a project listed in section 2 (2)(b), (3)(b), (4)(k),
(5)(g), (7)(i) or (8)(b) of this 2007 Act:
(1) If the total amount from other revenues, including federal
funds, identified for the project in the expenditure limitation
in section 2 of this 2007 Act has been received by the state
board; or
(2) After reporting to the Emergency Board or the Joint
Committee on Ways and Means, if the total amount from other
revenues, including federal funds, identified for the project in
the expenditure limitation in section 2 of this 2007 Act has not
been received by the state board. + }
SECTION 10. { + (1) There is established in the General Fund
an account to be known as the Western Oregon University Business,
Math and Computer Science Facility Project Account. Funds in the
account shall be used for the construction, remodeling, expansion
and renovation of facilities for a facility project at Western
Oregon University.
(2) The account shall consist of proceeds from lottery bonds,
grant funds, gift funds, federal and local government funds made
available to and funds donated to the Department of Higher
Education for the purpose of the facility project described in
subsection (1) of this section. Interest earned on moneys in the
account shall be credited to the account. The account may not be
credited with more than $5,000,000 for purposes of this
subsection.
(3) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
Department of Higher Education and may be transferred to the
Department of Higher Education Capital Construction Fund for the
facility project described in subsection (1) of this section. + }
SECTION 11. { + (1) There is established in the General Fund
an account to be known as the Eastern Oregon University Hermiston
University Center Account. Funds in the account shall be used for
the construction, remodeling, expansion and renovation of
facilities for a university center at the Eastern Oregon
University.
(2) The account shall consist of grant funds, gift funds,
federal and local government funds made available to and funds
donated to the Department of Higher Education for the purpose of
the university center project described in subsection (1) of this
section. Interest earned on moneys in the account shall be
credited to the account. The account may not be credited with
more than $6,500,000 for purposes of this subsection.
(3) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
Department of Higher Education and may be transferred to the
Department of Higher Education Capital Construction Fund for the
university center project described in subsection (1) of this
section. + }
SECTION 12. { + (1) There is established in the General Fund
an account to be known as the Oregon State University Pauling
Research and Education Building Account. Funds in the account
shall be used for the construction, remodeling, expansion and
renovation of facilities for the Pauling Research and Education
Building at the Oregon State University.
(2) The account shall consist of grant funds, gift funds,
federal and local government funds made available to and funds
donated to the Department of Higher Education for the purpose of
the Pauling Research and Education Building project described in
subsection (1) of this section. Interest earned on moneys in the
account shall be credited to the account. The account may not be
credited with more than $31,256,035 for purposes of this
subsection.
(3) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
Department of Higher Education and may be transferred to the
Department of Higher Education Capital Construction Fund for the
Pauling Research and Education Building project described in
subsection (1) of this section. + }
SECTION 13. { + (1) There is established in the General Fund
an account to be known as the Portland State University Science
Research and Teaching Center and Hazardous Waste Facility
Account. Funds in the account shall be used for the
construction, remodeling, expansion and renovation of facilities
for a Science Research and Teaching Center and Hazardous Waste
Facility at Portland State University.
(2) The account shall consist of grant funds, gift funds,
proceeds of legal settlements, federal and local government funds
made available to and funds donated to the Department of Higher
Education for the purpose of the center and facility project
described in subsection (1) of this section. Interest earned on
moneys in the account shall be credited to the account. The
account may not be credited with more than $9,500,000 for
purposes of this subsection.
(3) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
Department of Higher Education and may be transferred to the
Department of Higher Education Capital Construction Fund for the
center and facility project described in subsection (1) of this
section. + }
SECTION 14. { + (1) There is established in the General Fund
an account to be known as the University of Oregon Integrative
Science Complex, Phase 2 Account. Funds in the account shall be
used for the construction, remodeling, expansion and renovation
of facilities for an Interactive Science Complex, Phase 2 at the
University of Oregon.
(2) The account shall consist of grant funds, gift funds,
federal and local government funds made available to and funds
donated to the Department of Higher Education for the purpose of
the Interactive Science Complex, Phase 2 project described in
subsection (1) of this section. Interest earned on moneys in the
account shall be credited to the account. The account may not be
credited with more than $30,000,000 for purposes of this
subsection.
(3) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
Department of Higher Education and may be transferred to the
Department of Higher Education Capital Construction Fund for the
Interactive Science Complex, Phase 2 project described in
subsection (1) of this section. + }
SECTION 15. { + (1) There is established in the General Fund
an account to be known as the Oregon Institute of Technology
Center for Health Professions Account. Funds in the account shall
be used for the construction, remodeling, expansion and
renovation of facilities for a Center for Health Professions
project for the Oregon Institute of Technology.
(2) The account shall consist of grant funds, gift funds,
federal and local government funds made available to and funds
donated to the Department of Higher Education for the purpose of
the Center for Health Professions project described in subsection
(1) of this section. Interest earned on moneys in the account
shall be credited to the account. The account may not be credited
with more than $9,000,000 for purposes of this subsection.
(3) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
Department of Higher Education and may be transferred to the
Department of Higher Education Capital Construction Fund for the
Center for Health Professions project described in subsection (1)
of this section. + }
SECTION 16. { + (1) Pursuant to Article XI-G of the Oregon
Constitution and ORS 286.031 to 286.061 and ORS 341.721, the
State Treasurer may sell, at the request of the State Board of
Education, general obligation bonds of the State of Oregon of the
kind and character and within the limits prescribed by Article
XI-G of the Oregon Constitution, as the treasurer determines, but
in no event may the treasurer sell more than the aggregate
principal sum of $99,750,000 par value for the biennium beginning
July 1, 2007. The moneys realized from the sale of the bonds
shall be appropriated and may be expended for the purposes set
forth in section 3 of this 2007 Act and sections 3 (5) and (6),
chapter 787, Oregon Laws 2005, for payment for capitalized
interest and costs incidental to issuance of the bonds.
(2) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (1) of this 2007 Act are matched
with the General Fund appropriation made under section 18 of this
2007 Act.
(3) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (2) of this 2007 Act are matched
with the General Fund appropriation made under section 19 of this
2007 Act.
(4) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (3) of this 2007 Act are matched
with the General Fund appropriation made under section 20 of this
2007 Act.
(5) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (4) of this 2007 Act are matched
with the General Fund appropriation made under section 21 of this
2007 Act.
(6) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (5) of this 2007 Act are matched
with the General Fund appropriation made under section 22 of this
2007 Act.
(7) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (6) of this 2007 Act are matched
with the General Fund appropriation made under section 23 of this
2007 Act.
(8) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (7) of this 2007 Act are matched
with the General Fund appropriation made under section 24 of this
2007 Act.
(9) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (8) of this 2007 Act are matched
with the General Fund appropriation made under section 25 of this
2007 Act.
(10) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (9) of this 2007 Act are matched
with the General Fund appropriation made under section 26 of this
2007 Act.
(11) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (10) of this 2007 Act are
matched with the General Fund appropriation made under section 27
of this 2007 Act.
(12) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (11) of this 2007 Act are
matched with the General Fund appropriation made under section 28
of this 2007 Act.
(13) In compliance with the requirements of Article XI-G of the
Oregon Constitution, funds available under the expenditure
limitation for bonds issued pursuant to Article XI-G of the
Oregon Constitution in section 3 (12) of this 2007 Act are
matched with the General Fund appropriation made under section 29
of this 2007 Act. + }
SECTION 17. { + Notwithstanding section 3 of this 2007 Act, at
the request of the State Board of Education, the State Treasurer
may issue bonds for a project listed in section 3 of this 2007
Act:
(1) If the total amount from other revenues, including federal
funds, identified for the project in the expenditure limitation
in section 3 of this 2007 Act has been received by the Department
of Community Colleges and Workforce Development; or
(2) After the department reports to the Emergency Board or the
Joint Committee on Ways and Means, if the total amount from other
revenues, including federal funds, identified for the project in
the expenditure limitation in section 3 of this 2007 Act has not
been received by the department. + }
SECTION 18. { + (1) There is established in the General Fund
an account to be known as the Blue Mountain Community College
Facilities Account. Moneys in the account shall be used to
construct, improve, repair, equip, furnish and purchase land for
facilities for the Blue Mountain Community College District.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the Blue
Mountain Community College District for the purposes listed in
subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than $4,000,000
in donations, Community College Support Fund moneys, proceeds
from the sale of bonds, building reserve funds, federal and local
government funds and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Blue Mountain Community College District for the purposes
listed in subsection (1) of this section. + }
SECTION 19. { + (1) There is established in the General Fund
an account to be known as the Central Oregon Community College
Facilities Account. Moneys in the account shall be used to
construct, improve, repair, equip and furnish facilities and
purchase land for facilities for the Central Oregon Community
College District.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the Central
Oregon Community College District for the purposes listed in
subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than $7,500,000
in donations, Community College Support Fund moneys, proceeds
from the sale of bonds, building reserve funds, federal and local
government funds and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Central Oregon Community College District for the purposes
listed in subsection (1) of this section. + }
SECTION 20. { + (1) There is established in the General Fund
an account to be known as the Chemeketa Community College
Facility Account. Moneys in the account shall be used to
construct, improve, repair, equip and furnish facilities and
purchase land for facilities for the Chemeketa Community College
District.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the
Chemeketa Community College District for the purposes listed in
subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than $7,500,000
in donations, Community College Support Fund moneys, proceeds
from the sale of bonds, building reserve funds, federal and local
government funds and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Chemeketa Community College District for the purposes
listed in subsection (1) of this section. + }
SECTION 21. Section 29, chapter 787, Oregon Laws 2005, is
amended to read:
{ + Sec. 29. + } (1) There is established in the General Fund
an account to be known as the Clatsop Community College
Facilities Account. Moneys in the account shall be used to
construct, improve, repair, equip { - , - } { + and + }
furnish { + facilities + } and purchase land for { - new - }
facilities for the Clatsop Community College District.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the Clatsop
Community College District for the purposes listed in subsection
(1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than
{ - $7,500,000 - } { + $25,000,000 + } in donations,
Community College Support Fund moneys, proceeds from the sale of
bonds, building reserve funds, federal and local government funds
and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Clatsop Community College District for the purposes listed
in subsection (1) of this section.
SECTION 22. { + (1) There is established in the General Fund
an account to be known as the Clackamas Community College
Facilities Account. Moneys in the account shall be used to
construct, improve, repair, equip and furnish facilities and
purchase land for facilities for the Clackamas Community College
District.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the
Clackamas Community College District for the purposes listed in
subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than $7,500,000
in donations, Community College Support Fund moneys, proceeds
from the sale of bonds, building reserve funds, federal and local
government funds and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Clackamas Community College District for the purposes
listed in subsection (1) of this section. + }
SECTION 23. Section 26, chapter 787, Oregon Laws 2005, is
amended to read:
{ + Sec. 26. + } (1) There is established in the General Fund
an account to be known as the Columbia Gorge Community College
Facilities Account. Moneys in the account shall be used to
construct, improve, repair, equip and furnish { + facilities and
purchase land for + } facilities for the Columbia Gorge Community
College District.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the Columbia
Gorge Community College District for the purposes listed in
subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than
{ - $7,500,000 - } { + $15,000,000 + } in donations,
Community College Support Fund moneys, proceeds from the sale of
bonds, building reserve funds, federal and local government funds
and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Columbia Gorge Community College District for the purposes
listed in subsection (1) of this section.
SECTION 24. { + (1) There is established in the General Fund
an account to be known as the Lane Community College Facilities
Account. Moneys in the account shall be used to construct,
improve, repair, equip and furnish facilities and purchase land
for facilities for the Lane Community College District.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the Lane
Community College District for the purposes listed in subsection
(1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than $7,500,000
in donations, Community College Support Fund moneys, proceeds
from the sale of bonds, building reserve funds, federal and local
government funds and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Lane Community College District for the purposes listed in
subsection (1) of this section. + }
SECTION 25. { + (1) There is established in the General Fund
an account to be known as the Linn-Benton Community College
Facilities Account. Moneys in the account shall be used to
construct, improve, repair, equip and furnish facilities and
purchase land for facilities for the Linn-Benton Community
College District.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the
Linn-Benton Community College District for the purposes listed in
subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than $3,500,000
in donations, Community College Support Fund moneys, proceeds
from the sale of bonds, building reserve funds, federal and local
government funds and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Linn-Benton Community College District for the purposes
listed in subsection (1) of this section. + }
SECTION 26. Section 27, chapter 787, Oregon Laws 2005, is
amended to read:
{ + Sec. 27. + } (1) There is established in the General Fund
an account to be known as the Oregon Coast Community College
Facilities Account. Moneys in the account shall be used to
construct, improve, repair, equip and furnish { - new - }
facilities { - in Lincoln City, South Beach and Waldport - }
{ + and purchase land for facilities for the Oregon Coast
Community College District + }.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the Oregon
Coast Community College District for the purposes listed in
subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than
{ - $4,500,000 - } { + $12,000,000 + } in donations,
Community College Support Fund moneys, proceeds from the sale of
bonds, building reserve funds, federal and local government funds
and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Oregon Coast Community College District for the purposes
listed in subsection (1) of this section.
SECTION 27. { + (1) There is established in the General Fund
an account to be known as the Portland Community College
Facilities Account. Moneys in the account shall be used to
construct, improve, repair, equip and furnish facilities and
purchase land for facilities for the Portland Community College
District.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the Portland
Community College District for the purposes listed in subsection
(1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than $7,500,000
in donations, Community College Support Fund moneys, proceeds
from the sale of bonds, building reserve funds, federal and local
government funds and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Portland Community College District for the purposes
listed in subsection (1) of this section. + }
SECTION 28. { + (1) There is established in the General Fund
an account to be known as the Treasure Valley Community College
Facilities Account. Moneys in the account shall be used to
construct, improve, repair, equip and furnish facilities and
purchase land for facilities for the Treasure Valley Community
College District.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the Treasure
Valley Community College District for the purposes listed in
subsection (1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than $2,150,000
in donations, Community College Support Fund moneys, proceeds
from the sale of bonds, building reserve funds, federal and local
government funds and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Treasure Valley Community College District for the
purposes listed in subsection (1) of this section. + }
SECTION 29. { + (1) There is established in the General Fund
an account to be known as the Umpqua Community College Facilities
Account. Moneys in the account shall be used to construct,
improve, repair, equip and furnish facilities and purchase land
for facilities for the Umpqua Community College District.
(2) The account may consist of the following moneys that have
been deposited in the account by the Department of Community
Colleges and Workforce Development at the request of the Umpqua
Community College District for the purposes listed in subsection
(1) of this section:
(a) Moneys from federal and local governments;
(b) Donations;
(c) Community College Support Fund moneys transferred to the
account by the department at the request of the community college
district;
(d) Building reserve funds of the community college district
transferred to the department from the community college
district; and
(e) Proceeds from the sale of bonds issued by the community
college district.
(3) Interest earned on moneys in the account shall be credited
to the account.
(4) The account may not be credited with more than $7,500,000
in donations, Community College Support Fund moneys, proceeds
from the sale of bonds, building reserve funds, federal and local
government funds and interest.
(5) Moneys in the account shall be considered to be General
Fund moneys for purposes of section 1 (3), Article XI-G of the
Oregon Constitution, are continuously appropriated to the
department and may be transferred to the Community College
Capital Construction Fund for the purpose of making distributions
to the Umpqua Community College District for the purposes listed
in subsection (1) of this section. + }
SECTION 30. { + This 2007 Act being necessary for the
immediate preservation of the public peace, health and safety, an
emergency is declared to exist, and this 2007 Act takes effect
July 1, 2007. + }
----------