Chapter 15
Oregon Laws 2011
AN ACT
SB 5551
Relating to
state financial administration; amending sections 6, 9 and 10, chapter 904,
Oregon Laws 2009; repealing section 17, chapter 904, Oregon Laws 2009; limiting
expenditures; and declaring an emergency.
Be It Enacted by the People of the State of Oregon:
SECTION 1. Section 6, chapter 904,
Oregon Laws 2009, as amended by section 3, chapter 99, Oregon Laws 2010, is
amended to read:
Sec. 6. Notwithstanding any
other law limiting expenditures, the following amounts are established for a
six-year period beginning July 1, 2009, 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 Oregon University System, 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 Oregon University System:
______________________________________________________________________________
Other
Revenues
Article Article Article (including
XI-G XI-F(1) XI-Q Lottery Energy Federal
Bonds Bonds Bonds Bonds Loans COPs Funds)
(1) Oregon
University
System
(a) Capital
renewal,
code compliance
and safety $- $- $20,286,000 $- $- $[20,286,000] $-
(b) South
Waterfront
Life Sciences
Facility 50,000,000 60,000,000 - - - - 90,000,000
(c) Oregon
Center
for Sustainability - 80,000,000 - - - - -
(d) Biofuels
demonstration
project 4,000,000 - - - - - 4,000,000
(e) Wind
demonstration
project - - - - - - 4,000,000
(2) Eastern
Oregon
University
(a) Zabel Hall
deferred
maintenance 1,522,000 - - 2,215,000 2,706,000 - -
(b) Pierce
Library
project [4,000,000] - 8,000,000 - - [4,000,000] -
(3) Oregon
Institute of
Technology geothermal
renewable energy
demonstration
project 2,000,000 2,000,000 - - - - 2,600,000
(4) Oregon
State
University
(a) Education
Hall
additional structural
deficiencies deferred
maintenance - - - 4,000,000 - - -
(b) Strand
Agriculture
Hall deferred
maintenance 6,586,000 - 4,847,000 6,586,000 6,851,000 [4,847,000] -
(c) Bates Hall/
Hallie Ford
Healthy Children
and Families
Center 5,000,000 - - - - - 5,000,000
(d) Student
Success
Center 2,054,000 - - 4,554,000 - - 7,392,000
(e) Cultural
Center - 10,000,000 - - - - -
(f)
International
Residence Hall - 52,000,000 - - - - -
(g) Sports
Performance
Center - 12,000,000 - - - - -
(h) CH2M Hill
Alumni Center - - - - - - 4,200,000
(i) Sonpark/EPA
acquisition,
OF COPs - - - - - 1,900,000 -
(j) Warehouse
acquisition,
OF COPs - - - - - 1,000,000 -
(k) Intramural
Outdoor
Sports Complex - 7,450,000 - - - - 300,000
(L) McAlexander
Field House - 3,250,000 - - - - 500,000
(5) Portland
State
University
(a) Science Research
and Teaching Center/
Hazardous Waste
Facility, phase 2 2,500,000 - - - - - 2,500,000
(b) City Tower
acquisition - - - - - 1 -
(c) Market
Center
acquisition - - - - - 24,000,000 -
(d) Land
acquisition - 8,000,000 - - - - -
(e) Lincoln
Hall - - - - - - 4,500,000
(6) Southern
Oregon
University
(a) Churchill
Hall
deferred maintenance - - 3,192,000 - 2,730,000 [3,192,000] -
(b) Theatre
Arts
building expansion
and remodel 5,500,000 - - - - - 5,500,000
(7) University
of
Oregon
(a) Allen Hall
expansion
and remodel 7,500,000 - - - - - 7,500,000
(b) Straub
Memorial
Hall deferred
maintenance - - 4,321,000 - 8,998,000 [4,321,000] -
(c) Power
Station,
phase 2, waste
gasification
demonstration
project - 29,150,000 3,663,000 5,000,000 13,502,000 [3,663,000] 5,000,000
(d) Erb
Memorial Union,
partial renovation,
West Lower Level - 2,260,000 - - - - 300,000
(e) Chiles
Center
renovations - - - - - - 1,000,000
(f) Alumni
Center
Project - 9,975,000 - - - - 6,825,000
(g) Riverfront
Research Park,
Technology
Business Incubator - - - - - - 1,500,000
(h) Barnhart
Hall
building envelope
restoration - - - - - - 900,000
(i) Carson Hall
electrical upgrade - - - - - - 560,000
(j) Earl
Complex
building envelope,
electrical and
mechanical systems - 2,924,000 - - - - -
(k) New student
housing - 75,000,000 - - - - -
(8) Reserves - 11,390,970 - - - - 5,771,710
(9) Commercial
paper
capitalized interest
pilot project - 5,000,000 - - - - -
______________________________________________________________________________
SECTION 2. Section 9, chapter 904,
Oregon Laws 2009, as amended by section 6, chapter 99, Oregon Laws 2010, is
amended to read:
Sec. 9. (1) Except as provided
in subsection (3) of this section, the project approvals and expenditure
limitations in chapter 904, Oregon Laws 2009, and the expenditure limitations
established by the Emergency Board during the biennium beginning July 1, 2009,
for capital construction or acquisition projects of the Oregon University
System and of the Department of Community Colleges and Workforce Development
for community colleges, expire on June 30, 2015, unless otherwise noted or
unless changed by the Legislative Assembly.
(2) The project approvals and
expenditure limitations established by section 2 (5)(b), (e) and (i), chapter
725, Oregon Laws 2003, and section 2 (3)(h), chapter 845, Oregon Laws 2001, for
capital construction or acquisition projects of the Oregon University System
expire on June 30, 2011, unless otherwise changed by the Legislative Assembly.
(3) The project approvals and
expenditure limitations in section 6 (4)(c), (k) and (L), (5)(c) and (e) and
(7)(k), chapter 904, Oregon Laws 2009, and the expenditure limitations
established by the Emergency Board during the biennium beginning July 1, 2009, for
capital construction or acquisition projects of the Oregon University System
described in section 6 (4)(c), (k) and (L), (5)(c) and (e) and (7)(k), chapter
904, Oregon Laws 2009, expire on June 30, 2015, unless otherwise noted or
unless changed by the Legislative Assembly.
(4) The project approvals and
expenditure limitations in section 6 (1)(a), (2)(b), (4)(b), (6)(a) and (7)(b)
and (c), chapter 904, Oregon Laws 2009, expire on June 30, 2015, unless
provided otherwise.
SECTION 3. Section 10, chapter 904,
Oregon Laws 2009, as amended by section 7, chapter 99, Oregon Laws 2010, is
amended to read:
Sec. 10. (1) Pursuant to
Article XI-G of the Oregon Constitution and ORS 351.345 and ORS chapter 286A,
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 [$143,900,479]
$139,900,479 par value for the biennium beginning July 1, 2009. 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, section 2 (6)(h) and (p), chapter 787, Oregon Laws 2005, section 2
(4)(a) and (L), (5)(h) and (6)(g) and (h), chapter 761, Oregon Laws 2007, and
section 6 (1)(b) and (d), (2)(a) [and (b)],
(3), (4)(b), (c) and (d), (5)(a), (6)(b) and (7)(a), chapter 904, Oregon Laws
2009, 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 6 (1)(b), chapter 904, Oregon Laws 2009, are
matched [with the General Fund
appropriation made under] pursuant to section 14, chapter 904,
Oregon Laws 2009.
(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 6 (1)(d), chapter 904, Oregon Laws 2009, are
matched [with the General Fund
appropriation made under] pursuant to section 15, chapter 904,
Oregon Laws 2009.
(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 6 (2)(a), chapter 904, Oregon Laws 2009, are
matched [with the General Fund
appropriation made under] pursuant to section 16, chapter 904,
Oregon Laws 2009.
[(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 6 (2)(b), chapter 904,
Oregon Laws 2009, are matched with the General Fund appropriation made under
section 17, chapter 904, Oregon Laws 2009.]
[(6)]
(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 6 (3), chapter
904, Oregon Laws 2009, are matched [with
the General Fund appropriation made under] pursuant to section 18,
chapter 904, Oregon Laws 2009.
[(7)]
(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 6 (4)(b), chapter 904,
Oregon Laws 2009, are matched [with the
General Fund appropriation made under] pursuant to section 19,
chapter 904, Oregon Laws 2009.
[(8)]
(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 6 (4)(c),
chapter 904, Oregon Laws 2009, are matched [with
the General Fund appropriation made under] pursuant to section 20,
chapter 904, Oregon Laws 2009.
[(9)]
(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 6 (4)(d),
chapter 904, Oregon Laws 2009, are matched [with
the General Fund appropriation made under] pursuant to section 21, chapter
904, Oregon Laws 2009.
[(10)]
(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 6 (5)(a),
chapter 904, Oregon Laws 2009, are matched [with
the General Fund appropriation made under] pursuant to section 22,
chapter 904, Oregon Laws 2009.
[(11)]
(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 6 (6)(b),
chapter 904, Oregon Laws 2009, are matched [with
the General Fund appropriation made under] pursuant to section 23,
chapter 904, Oregon Laws 2009.
[(12)]
(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 6 (7)(a), chapter
904, Oregon Laws 2009, are matched [with
the General Fund appropriation made under] pursuant to section 24,
chapter 904, Oregon Laws 2009.
SECTION 4. Section 17, chapter
904, Oregon Laws 2009, is repealed.
SECTION 5. This 2011 Act being
necessary for the immediate preservation of the public peace, health and
safety, an emergency is declared to exist, and this 2011 Act takes effect on
its passage.
Approved by
the Governor April 12, 2011
Filed in the
office of Secretary of State April 12, 2011
Effective date
April 12, 2011
__________