# ORS § 276.009: 276.009 Acquisition of state office buildings by installment payments or lease purchase

> Oregon · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.009

## Section

- **Citation:** ORS § 276.009
- **Heading:** 276.009 Acquisition of state office buildings by installment payments or lease purchase
- **Jurisdiction:** Oregon
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** OR Code / Title 26 / Chapter 276 / Section 276.009

## Text

(1) The Oregon Department of Administrative Services may enter into an agreement or agreements with financial institutions to fund or otherwise acquire state office buildings and parking facilities by installment purchase or lease purchase contracts as provided in ORS 276.429 (Leases) . Any moneys so obtained shall be deposited in the Capital Projects Fund. Such acquired facilities may be located in the Capitol Mall area or in communities throughout the state.

(2) In addition to and not in lieu of any other moneys made available by law, there is established as the maximum amount to be expended for the purposes authorized in subsection (1) of this section and ORS 276.005 (Capital Projects Fund) (1) the following amounts for the following purposes:

(a) Eugene Regional Center

Construction $1

(b) Medford Regional Center

Construction $1

(c) Eugene State Police Facility

Construction $1

(d) Mall Office Building II $1

(3) Subsection (2) of this section does not limit, affect or apply to any expenditures by the department for interest payments while the facilities are under construction, bond counsel and underwriter’s fees, legal fees, escrow or trustee fees, lessor fees or repayment reserves as may be required by the financial institutions. [1983 c.667 §2]

Note: 276.009 (Acquisition of state office buildings by installment payments or lease purchase) was enacted into law by the Legislative Assembly but was not added to or made a part of ORS chapter 276 or any series therein by legislative action. See Preface to Oregon Revised Statutes for further explanation.

Source: Section 276.009 — Acquisition of state office buildings by installment payments or lease purchase , https://www.­oregonlegislature.­gov/bills_laws/ors/ors276.­html (accessed May 26, 2025).

## Nearby sections

- [ORS § 276.001 276.001 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.001.md)
- [ORS § 276.002 276.002 Control of State Capitol](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.002.md)
- [ORS § 276.003 276.003 State Capitol Operating Account](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.003.md)
- [ORS § 276.004 276.004 Utilization of buildings and grounds other than State Capitol, Supreme Court Building and State Capitol State Park](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.004.md)
- [ORS § 276.005 276.005 Capital Projects Fund](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.005.md)
- [ORS § 276.007 276.007 Oregon Department of Administrative Services Operating Fund](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.007.md)
- [ORS § 276.009 276.009 Acquisition of state office buildings by installment payments or lease purchase](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.009.md)
- [ORS § 276.010 276.010 Definitions for ORS 276.046 to 276.062](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.010.md)
- [ORS § 276.013 276.013 Acquisition of office buildings](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.013.md)
- [ORS § 276.015 276.015 Investment of certain funds](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.015.md)
- [ORS § 276.021 276.021 State building police officers](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.021.md)
- [ORS § 276.023 276.023 State Capitol police officers](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.023.md)
- [ORS § 276.046 276.046 Authority for department to acquire and improve land in capitol area](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.046.md)
- [ORS § 276.053 276.053 State Capitol State Park](https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.053.md)

---

Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_OR_T26_C276_S276.009. Check the current official text before relying on it. Not legal advice.