Oregon Statutes - Chapter 470 - Small Scale Local Energy Projects

• 470.050   Definitions.
  As used in this chapter, unless the context requires otherwise: (1) “Alternative fuel project” means: (a) A fleet of vehicles that are modified or acquired...
• 470.060   Application for loan funds; content; fee.
  (1) Any individual who is a resident of Oregon, an Oregon business, a nonprofit or public cooperative, a nonprofit corporation, an eligible federal agency, an...
• 470.065   Confidentiality of information provided by or on behalf of applicant.
  (1) The following records, communications and information furnished by or on behalf of the applicant under this chapter shall be confidential and maintained as such,...
• 470.070   Small Scale Local Energy Project Advisory Committee.
  (1) The Director of the State Department of Energy shall appoint a Small Scale Local Energy Project Advisory Committee to review applications made under ORS...
• 470.080   Standards for small scale local energy projects; review of applications; referral to committee; committee criteria.
  (1) After consultation with the Small Scale Local Energy Project Advisory Committee, the Director of the State Department of Energy shall establish by rule standards...
• 470.085   [1985 c.593 §8; repealed by 1991 c.118 §4]
• 470.090   Approval or rejection of project financing by director; certification of amount of loan; findings; notice.
  (1) After consideration of the recommendation of the Small Scale Local Energy Project Advisory Committee or the State Department of Energy as provided by ORS...
• 470.100   Committee review of rejection or approval in different amount; committee appeal to Governor; finality of Governor’s action.
  (1) If the Director of the State Department of Energy rejects a loan application or approves a loan amount different than that requested by the...
• 470.110   Gifts credited to loan fund.
  The Director of the State Department of Energy may accept gifts of money or other property from any source, given for the purposes of ORS...
• 470.120   Limit on loan to amount not funded by other sources.
  If the applicant receives from any source other than the loan fund any funds to assist in the development of the project, the amount of...
• 470.130   Appropriation of loan fund.
  All moneys in the loan fund created by Article XI-J of the Oregon Constitution are appropriated continuously to the State Department of Energy and shall...
• 470.135   Administration of small scale local energy project loan program funds and accounts.
  The duties of the Director of the Oregon Department of Administrative Services to establish, maintain and keep accounts of, and make disbursements or transfers out...
• 470.140   Rulemaking authority; biennial report.
  (1) In accordance with the applicable provisions of ORS chapter 183, the Director of the State Department of Energy may adopt rules considered necessary to...
• 470.145   State Department of Energy to develop marketing plan.
  The State Department of Energy shall develop, implement and periodically update a marketing plan to inform potential applicants of the availability of small scale local...
• 470.150   Loan contract; security; content.
  Except as provided in ORS 470.155, if the Director of the State Department of Energy approves the financing of a small scale local energy project,...
• 470.155   Loan contract in form of intergovernmental agreement; provisions.
  A loan contract with an eligible state agency for a small scale local energy project may be made in the form of an intergovernmental agreement...
• 470.160   Payment from loan fund.
  If the Director of the State Department of Energy approves a loan for a small scale local energy project, the State Treasurer shall pay moneys...
• 470.170   Security for loan.
  (1) When a loan is made under this chapter to an applicant other than a municipal corporation, the loan shall be secured pursuant to a...
• 470.180   Withholding of state funds due to municipal corporation that defaults on loan.
  In addition to any other remedy available to the State Department of Energy, if a municipal corporation entitled by law to share in the apportionment...
• 470.190   Remedies.
  If an applicant fails to comply with a contract entered into with the Director of the State Department of Energy for development and repayment as...
• 470.200   Refinancing of project; use of funds.
  If any small scale local energy project is refinanced or an additional grant or loan intended to finance the project development is obtained from other...
• 470.210   Municipal corporation may enter into loan contract; purchase of municipal corporation’s general or revenue obligation.
  (1) Notwithstanding any other provision of law, a municipal corporation may enter into a loan contract with the State Department of Energy to finance a...
• 470.220   Issuance of bonds.
  In order to provide funds for the purposes specified in Article XI-J of the Oregon Constitution, bonds may be issued as provided in ORS 470.220...
• 470.225   Procedure for bond issuance.
  The State Treasurer shall issue bonds described in ORS 470.220 to 470.290 in accordance with the applicable provisions of ORS chapter 286A. [2005 c.201 §2;...
• 470.230   Bond proceeds credited to loan fund; use of funds.
  Except as provided in ORS 470.270, all moneys obtained from the sale of bonds under ORS 470.220 to 470.290 shall be credited by the State...
• 470.240   Bonds as general obligation bonds.
  All bonds issued under ORS 470.220 to 470.290 shall contain a direct promise of the State of Oregon to pay the principal amount of the...
• 470.250   [1979 c.672 §20; 1981 c.50 §6; 1987 c.158 §102; 2003 c.186 §70; repealed by 2005 c.201 §14]
• 470.260   [1979 c.672 §23; 1981 c.50 §7; 2003 c.186 §71; repealed by 2005 c.201 §14]
• 470.270   Refunding bonds.
  (1) After consultation with the State Treasurer, the Director of the State Department of Energy may issue refunding bonds for the purpose of refunding outstanding...
• 470.280   Bond repayment from sinking fund.
  (1) The State Treasurer shall make payment of the principal of and the interest and redemption premium, if any, on any bond issued under ORS...
• 470.290   Bond indebtedness limited to constitutional limit.
  No bonds shall be issued or sold under ORS 470.220 to 470.290 nor indebtedness incurred thereunder, which singly, or in the aggregate with previous debts...
• 470.300   Small Scale Local Energy Project Administration and Bond Sinking Fund; uses; sources.
  (1) There hereby is created the Small Scale Local Energy Project Administration and Bond Sinking Fund, separate and distinct from the General Fund, to provide...
• 470.310   Procedure if sinking fund inadequate.
  (1) If there are insufficient funds in the sinking fund to make the payments referred to in ORS 470.300 (1), the Director of the State...

Last modified: August 7, 2008