SB 338 - Authorizing Bonds for Public-Works Projects - Oregon Key Vote

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Title: Authorizing Bonds for Public-Works Projects

See How Your Politicians Voted

Title: Authorizing Bonds for Public-Works Projects

Vote Smart's Synopsis:

Vote to pass a bill that authorizes the issuance of bonds and other sources of revenue to fund public-works projects administered by institutions of higher education and various state agencies.

Highlights:

- Authorizes the following amounts in Article XI-G bonds, Article XI-F(1) bonds, energy loans, certificates of participation (COPs), and other revenues (including federal funds) to be spent on specific public works projects until July 1, 2013 (Secs. 3 & 9):

    - $31.11 million in COPs to the Department of Higher Education for capital renewal, code compliance, and safety; - $10.03 million in energy loans and $7.47 million in COPs to Portland State University for deferred maintenance of the Campus steam loop Phase II; - $7 million in Article XI-G Bonds, $3.5 million in COPs, and $3.5 million in other revenues to Portland State University's Science Research and Teaching Center/Hazardous Waste Facility Phase I (Note: this revises existing authorizations for facility costs of $9.5 million in Article XI-G Bonds and $9.5 million in other revenues); - $8.53 million in COPs and $4.12 million in energy loans to Wester Oregon University for deferred maintenance of the physical education building; - $12 million in Article XI-F(1) bonds to Western Oregon University for the health and wellness center; - $3 million in Article XI-G bonds and $3 million in COPs to Western Oregon University for the classroom and office building; - $1.87 million in energy loans, $1.72 million in COPs, and $1.44 million in Article XI-G bonds to Oregon Institute of Technology for deferred maintenance of Owens Hall; - $5.08 million in Article XI-G bonds and $5.08 million in other revenues to Chemeketa Community College for deferred maintenance, capital renewal, and code compliance and safety; - $3.32 million in Article XI-G bonds and $3.32 million in other revenues to Portland Community College for deferred maintenance, capital renewal, and code compliance and safety; and - $1.29 million in Article XI-G bonds and $1.29 million in other revenues to Clackamas Community College for deferred maintenance, capital renewal, and code compliance and safety.
- Authorizes the following amounts in fees, monies, and other revenue collected by state agencies, excluding lottery funds and federal funds, to be spent on specific public works projects until July 1, 2013 (Sec. 1):
    - $9.23 million to the Oregon Youth Authority for deferred maintenance; - $6.69 million to the Department of Corrections for deferred maintenance; - $4.38 million to the Department of Transportation, of which $4.35 million is for deferred maintenance projects and $24,900 is for the ODOT rail station; - $4.36 million to the Oregon Military Department for deferred maintenance; - $3 million to the Oregon Department of Administrative Services for deferred maintenance; - $2.62 million to the State Forestry Department, of which $2 million is for sisters relocation projects (phase 2) and $619,050 is for deferred maintenance; - $2.56 million for the State Department of Fish and Wildlife, of which $1.32 millions is for capital construction/improvements and $1.24 million is for deferred maintenance; - $869,000 to the State Parks and Recreation Department for deferred maintenance; - $460,000 to the Department of State Lands, of which $260,000 is for deferred maintenance and $200,000 is for the Portland Harbor boundary survey; and - $415,000 to the Judicial Department for deferred maintenance.
- Increases the cap on the amount of Article XI-G bonds the State Board of Higher Education may sell, with the approval of the State Treasurer, until July 1, 2009 from $135.1 million to $137.05 million (Sec. 4). - Increases the cap on the amount of Article XI-G bonds the State Treasurer may sell, at the request of the State Board of Education, from $56.64 million to $66.34 million (Sec. 10).

See How Your Politicians Voted

Title: Authorizing Bonds for Public-Works Projects

Vote Smart's Synopsis:

Vote to pass a bill that authorizes the issuance of bonds and other sources of revenue to fund public-works projects administered by institutions of higher education and various state agencies.

Highlights:

-Authorizes the following amounts in Article XI-G bonds, Article XI-F(1) bonds, energy loans, certificates of participation (COPs), and other revenues (including federal funds) to be spent on specific public works projects until July 1, 2013 (Secs. 3 & 9):

    -$31.11 million in COPs to the Department of Higher Education for capital renewal, code compliance, and safety; -$10.03 million in energy loans and $7.47 million in COPs to Portland State University for deferred maintenance of the Campus steam loop Phase II; -$7 million in Article XI-G Bonds, $3.5 million in COPs, and $3.5 million in other revenues to Portland State University's Science Research and Teaching Center/Hazardous Waste Facility Phase I (Note: this revises existing authorizations for facility costs of $9.5 million in Article XI-G Bonds and $9.5 million in other revenues); -$8.53 million in COPs and $4.12 million in energy loans to Wester Oregon University for deferred maintenance of the physical education building; -$12 million in Article XI-F(1) bonds to Western Oregon University for the health and wellness center; -$3 million in Article XI-G bonds and $3 million in COPs to Western Oregon University for the classroom and office building; -$1.87 million in energy loans, $1.72 million in COPs, and $1.44 million in Article XI-G bonds to Oregon Institute of Technology for deferred maintenance of Owens Hall; -$5.08 million in Article XI-G bonds and $5.08 million in other revenues to Chemeketa Community College for deferred maintenance, capital renewal, and code compliance and safety; -$3.32 million in Article XI-G bonds and $3.32 million in other revenues to Portland Community College for deferred maintenance, capital renewal, and code compliance and safety; and -$1.29 million in Article XI-G bonds and $1.29 million in other revenues to Clackamas Community College for deferred maintenance, capital renewal, and code compliance and safety.
- Authorizes the following amounts in fees, monies, and other revenue collected by state agencies, excluding lottery funds and federal funds, to be spent on specific public works projects until July 1, 2013 (Sec. 1):
    -$9.23 million to the Oregon Youth Authority for deferred maintenance; -$6.69 million to the Department of Corrections for deferred maintenance; -$4.38 million to the Department of Transportation, of which $4.35 million is for deferred maintenance projects and $24,900 is for the ODOT rail station; -$4.36 million to the Oregon Military Department for deferred maintenance; -$3 million to the Oregon Department of Administrative Services for deferred maintenance; -$2.62 million to the State Forestry Department, of which $2 million is for sisters relocation projects (phase 2) and $619,050 is for deferred maintenance; -$2.56 million for the State Department of Fish and Wildlife, of which $1.32 millions is for capital construction/improvements and $1.24 million is for deferred maintenance; -$869,000 to the State Parks and Recreation Department for deferred maintenance; -$460,000 to the Department of State Lands, of which $260,000 is for deferred maintenance and $200,000 is for the Portland Harbor boundary survey; and -$415,000 to the Judicial Department for deferred maintenance.
- Increases the cap on the amount of Article XI-G bonds the State Board of Higher Education may sell, with the approval of the State Treasurer, until July 1, 2009 from $135.1 million to $137.05 million (Sec. 4). -Increases the cap on the amount of Article XI-G bonds the State Treasurer may sell, at the request of the State Board of Education, from $56.64 million to $66.34 million (Sec. 10).

Title: Authorizing Bonds for Public-Works Projects

NOTE: A BILL WITH AN EMERGENCY CLAUSE GOES INTO EFFECT IMMEDIATELY UPON ENACTMENT OR ON A SPECIFIED DATE.

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