OAR 123-090-0040
Director’s Review
(1)
Projects shall not be funded by the Fund unless the Director finds that:(a)
The Project is or will be supported by the maximum feasible amount of local and private financial participation;(b)
The Project will produce significant long-term, regional or statewide economic impacts;(c)
The Project will not require continuing state subsidies;(d)
The Project does not supplant private investment or duplicate or undermine similar efforts; and,(e)
The Project meets, or can be reasonably expected to meet, at least one of the following criteria:(A)
The Project uses existing human and natural resources to harness Oregon’s economic comparative advantage;(B)
The Project promotes economic and community recovery in Rural or Distressed areas, or among populations suffering economic hardship;(C)
The Project creates, or leads to the creation or retention of jobs of higher income for Oregonians;(D)
The Project promotes the development of new national and international markets for goods and services produced in Oregon; or,(2)
If the Project affects land use, it must satisfy the applicable requirements of OAR chapter 123, division 8 of this Department.(3)
Funding decisions shall be made by either the Governor or the Director.
Source:
Rule 123-090-0040 — Director’s Review, https://secure.sos.state.or.us/oard/view.action?ruleNumber=123-090-0040.