Oregon SB1501 establishes the Oregon Arena Fund and authorizes the Oregon Department of Administrative Services to enter into agreements to own and.

Oregon SB1501 establishes the Oregon Arena Fund in the State Treasury, separate from the General Fund, to receive tax revenues related to the Moda Center. The Oregon Department of Administrative Services is authorized to enter into agreements with public bodies or management entities to own and operate the Moda Center. These agreements cannot pledge or obligate state moneys except for those in the Oregon Arena Fund. The Act declares an emergency, effective on passage, and mandates quarterly reporting on Moda Center renovations, expenditures, and revenue sources.

Oregon SB1501 establishes the Oregon Arena Fund and authorizes the Oregon Department of Administrative Services to enter into agreements to own and.

Oregon SB1501 establishes the Oregon Arena Fund in the State Treasury, separate from the General Fund, to receive tax revenues related to the Moda Center. The Oregon Department of Administrative Services is authorized to enter into agreements with public bodies or management entities to own and operate the Moda Center. These agreements cannot pledge or obligate state moneys except for those in the Oregon Arena Fund. The Act declares an emergency, effective on passage, and mandates quarterly reporting on Moda Center renovations, expenditures, and revenue sources.