As used in ORS 197A.285 to 197A.325, 'serviceable' means, with respect to land, that:\n(1) Adequate sewer, water and transportation capacity for planned urban development is available or can be either provided or made subject to committed financing; or\n(2) Committed financing can be in place to provide adequate sewer, water and transportation capacity for planned urban development. [2013 c.575 §1; 2023 c.13 §92]
Oregon Legal Code