Section 550.330 - Service and user charges for district works; collection agreements; revenue bonds(1) To pay the costs of acquiring, purchasing, constructing, improving, operating and maintaining district works, the board of directors may adopt an ordinance to: (a) Impose and collect service charges, fees or rates on the owners or occupants of property served by the works of the district.(b) Impose and collect user charges, fees and tolls for connection to or use of works, facilities and services of the district.(2) Charges, fees, rates and tolls described in subsection (1) of this section shall be based on the costs of acquiring, purchasing, constructing, improving, operating and maintaining the works, facilities or services and of administering the charges.(3) The board of directors may adopt differential charges or rates applicable to unique, qualitatively different areas within the district when the board of directors deems such differential charges or rates necessary, beneficial or equitable.(4) Service charges, fees and rates imposed on the owners or occupants of property located outside the managed floodplain shall be commensurate with:(a) The benefits received by such properties from the works; or(b) The costs actually incurred by the district related to such properties, including, but not limited to, pumping of storm water runoff.(5) The district may enter into intergovernmental agreements under ORS chapter 190 with cities located in whole or in part within the district boundaries to collect service charges, fees and rates on behalf of the district.(6) The board of directors may issue revenue bonds by pledging all or part of any charge, fee, rate or toll adopted pursuant to this section. All revenue bonds issued under this section shall be issued as prescribed in ORS chapter 287A.Amended by 2022 Ch. 16, § 15, eff. 6/3/2022.