Oregon Urban Redevelopment Taxes, Measure 5 (1958)
The Oregon Urban Redevelopment Taxes Amendment, also known as Measure 5, was on the November 4, 1958 ballot in Oregon as a legislatively-referred constitutional amendment, where it was defeated. The measure would have levied property taxes against property in an urban redevelopment or renewal project upon the property’s increase in value to pay any indebtedness incurred from the development.
|Oregon Measure 5 (1958)|
Election results via: Oregon Blue Book
Text of measure
The language that appeared on the ballot:
5. FINANCING URBAN REDEVELOPMENT PROJECTS - Purpose: Makes possible for property taxes levied against property included in an urban redevelopment or renewal project to be divided so that taxes levied against any increase in value of such property shall be used to pay any indebtedness incurred in carrying out the project.
- Oregon 1958 ballot measures
- 1958 ballot measures
- List of Oregon ballot measures
- History of Initiative & Referendum in Oregon
- Oregon Blue Book Initiative, Referendum and Recall: 1958-1970
- Oregon State Constitution
- State of Oregon Official Voters' Pamphlet 1958