As used in ORS 381.702 to 381.755, unless the context requires otherwise: (1) Board means the board of directors of a commission. (2) Bridge means an interstate toll bridge, including any approaches, that replaces an existing bridge crossing the Columbia River between the State of Oregon and the State of Washington. (3) Bridge finance plan means a plan adopted by a board to finance the design, construction, operation, maintenance, administration and governance of a bridge replacement project. (4) Bridge replacement project means a project undertaken by a commission to replace an existing bridge, including but not limited to any approaches, buildings, structures, facilities, equipment, improvements, tolling systems and software and appurtenances necessary or incidental to the new bridge. (5) Commission means a public corporation formed under ORS 381.705 with the powers described in ORS 381.712. (6) Commission formation agreement means a bistate agreement among local governments to form a commission. (7) Construction or construct means activities, materials and services necessary or incidental to the design and construction of a bridge replacement project, including but not limited to engineering, permitting, property acquisition, procurement, installation of equipment, site work, utility relocation, inspection, start-up, landscaping, hard construction, environmental mitigation, demolition and removal of an existing bridge and associated accounting, legal, administrative, project management and governance activities. (8) Debt instrument means a contractual undertaking, financing agreement or other instrument entered into or issued by a commission to evidence an obligation to repay or guaranty repayment of borrowed moneys, including but not limited to bonds, refunding bonds, notes, loans, interim financing, anticipation notes, certificates, credit enhancement devices or other debt obligations. (9) Departments of transportation means the Oregon Department of Transportation and the Washington State Department of Transportation. (10) Director means a duly appointed member of the board or, when acting in the absence of a director, a duly appointed alternate member of the board. (11) Existing bridge means an existing interstate toll bridge crossing the Columbia River between the State of Oregon and the State of Washington. (12) Local government has the meaning given that term in ORS 174.116 and includes local governments in the State of Washington. (13) Operate, operation or operations means the activities necessary or incidental to the operation, tolling, maintenance, repair, rehabilitation, renewal or replacement of a bridge, and the associated financial, legal, administrative, management and governance activities. (14) Other charges means administrative and other fees, civil penalties and other amounts established by the commission for use of a bridge. (15) Primary place of business means the state and county within which the principal headquarters office of a commission is established in a commission formation agreement, notwithstanding a subsequent relocation of the principal headquarters office of the commission. (16) Public corporation means a corporation created under ORS 381.705 to perform essential governmental functions for the public purposes described in ORS 381.705 that, when issuing bonds or other debt instruments, acts on behalf of the local governments as a constituted authority, within the meaning of regulations adopted by the United States Department of the Treasury and rulings of the Internal Revenue Service under section 103 of the Internal Revenue Code. (17) State means the State of Oregon or the State of Washington.
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