(1) The Oregon Economic and Community Development Commission may authorize funds from the Oregon Business Development Fund to be used in appropriate joint governmental participation projects or as match money with any municipally, county, state or federally funded business development project authorized within a county or city, subject to the stipulations of ORS 285B.050 to 285B.098.
(2) Any application for a loan under this section shall be in such form as the commission prescribes and shall furnish such proof of federal, state or local approval as appropriate for funding of the business development project.
(3) The total amount of moneys loaned from the fund for federal, state or local joint business development project purposes shall not exceed $1 million per project. [Formerly 285.437; 2003 c.167 §4]
Section: Previous 285B.068 285B.071 285B.074 285B.077 285B.080 285B.081 285B.083 285B.086 285B.089 285B.092 285B.093 285B.095 285B.098 285B.103 285B.105 NextLast modified: August 7, 2008