Chapter 17 Oregon Laws 2008 Special Session
AN ACT
HB 5100
Relating to state financial administration; and declaring an emergency.
Be It Enacted by the People of
the State of
SECTION 1. In
addition to and not in lieu of amounts previously authorized, as provided by
ORS 286.525 (1) (2005 Edition), for issuance of general obligation bonds and
certificates of participation and other financing agreements during the
2007-2009 biennium, the following amounts are authorized:
GENERAL OBLIGATION BONDS
General Fund
Obligations
Department of Higher
Education (Art. XI-G)....................... $ 3,500,000
Department of Community
Colleges and Workforce
Development (Art. XI-G)................... $ 4,000,000
Dedicated Fund
Obligations
Department of Higher
Education (Art. XI-F(1))................... $ 200,000,000
Total General
Obligation Bonds................................ $ 207,500,000
CERTIFICATES OF
PARTICIPATION
AND OTHER FINANCING
AGREEMENTS
Oregon
Department of
Administrative
Services..................... $ 113,075,000
SECTION 2. This
2008 Act being necessary for the immediate preservation of the public peace,
health and safety, an emergency is declared to exist, and this 2008 Act takes
effect on its passage.
Approved by the Governor March 11, 2008
Filed in the office of Secretary of State March 11, 2008
Effective date March 11, 2008
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