Oregon Water Development Fund, Measure 1 (1977)
The Oregon Water Development Fund Amendment, also known as Measure 1, was on the November 8, 1977 ballot in Oregon as a legislatively-referred constitutional amendment, where it was approved. The measure permitted state bonded indebtedness, limited to 1.5% true cash value of property within the state, to create the Water Development Fund to finance loans for water development projects.
|Oregon Measure 1 (1977)|
Election results via: Oregon Blue Book
Text of measure
The language appeared on the ballot as:
This text is quoted verbatim from the original source. Any inconsistencies are attributed to the original source.
1. WATER DEVELOPMENT LOAN FUND CREATED
ESTIMATE OF FINANCIAL EFFECTS: Based on an estimate of Oregon’s 1978 taxable property this constitutional amendment would establish a maximum bonding limitation of $658.5 million to provide for the Water Development Fund.
- Oregon 1977 ballot measures
- 1977 ballot measures
- List of Oregon ballot measures
- History of Initiative & Referendum in Oregon
- Oregon Blue Book Initiative, Referendum and Recall: 1972-1978
- Oregon State Constitution
- State of Oregon Official Voters' Pamphlet November 1977