ORS 470.060
Application for financing
- content
- fee
(1)
The following may file with the State Department of Energy an application to obtain moneys for a small scale local energy project as provided in this chapter:(a)
An individual who is an Oregon resident;(b)
An Oregon business;(c)
A nonprofit or public cooperative;(d)
A nonprofit corporation;(e)
An eligible federal agency;(f)
An eligible state agency;(g)
A public corporation created by this state;(h)
An intergovernmental entity created pursuant to an intergovernmental agreement under ORS 190.003 (Definition for ORS 190.003 to 190.130) to 190.130 (Effect of ORS 190.125);(i)
A special district;(j)
A local improvement district;(k)
A public university listed in ORS 352.002 (Public universities); or(L)
A municipal corporation.(2)
Applications to obtain financing for a small scale local energy project shall be made in writing on a form prescribed by the State Department of Energy. Applications submitted to the State Department of Energy shall:(a)
Describe the nature and purpose of the proposed small scale local energy project.(b)
State whether any purposes other than energy production, but consistent with energy production, will be served by the proposed small scale local energy project, and the nature of the other purposes, if any.(c)
Include an evaluation of the potential of the small scale local energy project to meet local community energy needs.(d)
Include an evaluation of the potential environmental impacts of the small scale local energy project.(e)
State whether any moneys other than those in the loan fund are proposed to be used for the development of the proposed small scale local energy project, and whether any other moneys are available or have been sought for the project.(f)
Describe the source of moneys for repayment of the loan applied for.(3)
If the application is for a loan other than an energy efficiency and sustainable technology loan to an individual, a fee of one-tenth of one percent of the amount of the loan applied for or $2,500, whichever is less, shall be submitted with each application. In addition, the applicant may be required to pay for costs incurred in connection with the application that exceed the application fee and which the Director of the State Department of Energy determines are incurred solely in connection with processing the application. The applicant shall be advised of any additional costs the applicant must pay before the costs are incurred. [1979 c.672 §2; 1981 c.50 §2; 1983 c.188 §2; 1985 c.593 §3; 1997 c.29 §2; 2005 c.201 §4; 2009 c.753 §55; 2015 c.767 §175]
Source:
Section 470.060 — Application for financing; content; fee, https://www.oregonlegislature.gov/bills_laws/ors/ors470.html.
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