Title 30, Education and Culture

(1) To determine whether a community college district should contract a bonded indebtedness for any one or more purposes described in ORS 341.675, the question shall be decided by election. The district board may order the election on its own motion or shall order the election if…

If the electors of the district voting on the question of contracting bonded indebtedness approve the question, the board of the district may issue bonds of the district. [1971 c.513 §§40,41,42; 1981 c.94 §29; 1983 c.347 §25; 1983 c.350 §213; 1995 c.67 §31; 2007 c.783 §135]

(1) The paying agent and registrar, appointed in accordance with ORS 287A.300 (1) to (3), shall register each community college district bond, including refunding bonds, in a record maintained for that purpose in the office of the paying agent and registrar, noting the community …

(1) The board of the district shall ascertain and levy annually, in addition to all other taxes, a direct ad valorem tax on all the taxable property in the district, sufficient to pay the maturing interest and principal of all community college district bonds outstanding promptly…

(1) The paying agent and registrar must cause to be paid out of any money in the hands of the paying agent and registrar belonging to the community college district, the interest on or principal of, as the case may be, any bond issued by the district promptly when and as the same…

(1) Whenever the sinking fund mentioned in ORS 341.690 equals the amount, principal and interest, of any bond then due or subject at the option of the district to be paid or redeemed when authorized by the board of the district, the paying agent and registrar shall notify the hol…

(1) Whenever any community college district has any outstanding bonded indebtedness, which is due or subject at the option of the district to be paid or redeemed, the district, by and through the board of the district, may: (a) Issue and exchange, for any such indebtedness, its b…

All legally authorized and issued general obligation bonds or revenue bonds shall be issued as prescribed in ORS chapter 287A. [1975 c.642 §23 (enacted in lieu of 341.701); 2007 c.783 §138] (Custody and Expenditure of Funds)

(1) The board of a community college district shall designate a custodian of funds of the district. Funds shall be disbursed only in the manner provided by subsection (3) of this section. (2) For the purpose of receiving deposits of community college funds, the board of the distr…

(1) As used in this section, “community college district obligation” includes salaries of district employees and other regularly contracted services. (2) Warrants in payment of district obligations shall be issued only when there are insufficient funds to pay the warrant and shal…

(1) The board of a community college district shall cause to have prepared an annual audit of the books and accounts of the district, including but not limited to student body funds, athletic funds, cafeteria funds, and other similar funds collected by the college. The audit stat…

(1) As provided by ORS 287A.180, the board of a community college district may contract indebtedness by the issuance of short-term bonds for the purpose of meeting current expenses, retiring outstanding bonds or warrants, or paying the interest thereon. (2) The board of the distr…

To provide funds to community college districts for the purposes specified in Article XI-G of the Oregon Constitution, the State Treasurer may issue bonds under ORS 286A.848. [2005 c.787 §20; 2007 c.783 §140; 2013 c.747 §71; 2015 c.366 §27; 2017 c.9 §13]

(1) The Community College Capital Construction Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned on moneys in the Community College Capital Construction Fund shall be credited to the fund. (2) Moneys in the Community College C…

(1) The Community College Bond Building Fund is established in the State Treasury, separate and distinct from the General Fund. (2) The Community College Bond Building Fund shall consist of moneys realized from the sale of bonds issued pursuant to Article XI-G of the Oregon Const…

The Higher Education Coordinating Commission shall adopt by rule standards governing the distribution of state funds to community college districts for capital construction projects. The standards shall include, but need not be limited to, the following provisions: (1) No state f…

In preparing an agency request budget for each biennium, after consultation with the community colleges and their respective representatives of the community of persons with disabilities at the colleges, the Higher Education Coordinating Commission shall include amounts for capit…