Chapter 902 Oregon Laws 1999

Session Law

AN ACT

SB 5515

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, 1999, out of the General Fund, the amount of $698,697.

SECTION 2. Notwithstanding any other law, the amount of $11,130,689 is established for the biennium beginning July 1, 1999, 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 3. Notwithstanding any other law, the amount of $1,176,677 is established for the biennium beginning July 1, 1999, 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 payments.

SECTION 4. Within the amount listed in section 2 of this 1999 Act, an amount not to exceed $1,877 may be expended for Special Entertainment and Promotion.

SECTION 5. Section 2 of this 1999 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 1999 Act are subject to Oregon Department of Administrative Services rules related to allotting, controlling, and encumbering funds.

SECTION 7. This 1999 Act being necessary for the immediate preservation of the public peace, health and safety, an emergency is declared to exist, and this 1999 Act takes effect July 1, 1999.

Approved by the Governor July 30, 1999

Filed in the office of Secretary of State July 30, 1999

Effective date July 30, 1999

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