School District No. 1 v. Multnomah County

SAMUEL B. STEWART, Judge.

Plaintiffs first cause of action alleged that defendants failed to turn over property tax payments received on behalf of the plaintiff in a timely fashion during the period from October 15, 1980 to December 31, 1982. The plaintiff alleges that, as a consequence, pursuant to ORS 311.345, defendants are liable to the plaintiff in the sum of either five or ten percent of the amount not timely turned over, with interest at 12 percent per year. Plaintiffs second cause of action alleged that the plaintiff was entitled to the interest earned on investment of the property tax…