OAR 123-042-0045
Planning Project Eligibility, Criteria and Funding

(1)

(a)

A planning project, as defined in ORS 285B.410 (Definitions for ORS 285B.410 to 285B.482)(9), may be eligible for a loan. The Authority will make awards for loans based on availability of moneys in the fund and prudent fund management as well as its financial analysis of the municipality’s ability to repay the loan;

(b)

The interest rate for a planning project loan will be 50 percent of the rate set by the Authority for direct loans in effect at the time of the award. The loan term shall not exceed seven years.

(2)

A planning project conducted for the purpose of developing industrial lands, including planning for industrial site certification, is eligible for a grant of up to $60,000 per site, per biennium or 85% of the allowable planning project cost, whichever is less. This type of planning project must meet the following criteria:

(a)

The land must be zoned “industrial”; and

(b)

The land meets marketability standards as determined by the department using its adopted policy.

(3)

A planning project conducted for the purpose of preliminary evaluation, planning, or engineering for levee certification is eligible for one grant of up to $50,000 per levee certification project area or 85% of the allowable planning project cost, whichever is less.

Source: Rule 123-042-0045 — Planning Project Eligibility, Criteria and Funding, https://secure.sos.state.or.us/oard/view.action?ruleNumber=123-042-0045.

123–042–0010
Purpose and Objectives 123–042–0020
Definitions 123–042–0026
Loan and Grant Information 123–042–0036
Project Priorities and Funding 123–042–0038
Criteria for Special Project Funding 123–042–0045
Planning Project Eligibility, Criteria and Funding 123–042–0055
Emergency Project Eligibility, Criteria and Funding 123–042–0061
Levee Project Eligibility, Criteria and Funding 123–042–0065
Allowable Project Costs 123–042–0076
Ineligible Projects and Project Costs 123–042–0122
Application Requirements 123–042–0132
Application Review and Approval 123–042–0155
Contracts and Disbursements of Funds 123–042–0165
Municipality Responsibilities 123–042–0175
Eligibility Criteria for State Revenue Bond Loans 123–042–0180
Remedies 123–042–0190
Appeals and Exceptions

Last Updated

Jun. 8, 2021

Rule 123-042-0045’s source at or.us

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Location: https://oregon.public.law/rules/oar_123-042-0045

Original Source: Rule 123-042-0045 — Planning Project Eligibility, Criteria and Funding, https://secure.sos.state.or.us/oard/view.action?ruleNumber=123-042-0045 (last accessed Jun. 8, 2021).

OAR 123-042-0045 Planning Project Eligibility, Criteria and Funding

(1)

(a)

(b)

(2)

(a)

(b)

(3)

OAR 123-042-0045
Planning Project Eligibility, Criteria and Funding