(1) Upon determining that an economic development project is an eligible project, the Oregon Economic and Community Development Commission shall request that the State Treasurer issue the bonds.
(2) The commission shall collect fees set forth in rules established by the Economic and Community Development Department. Moneys collected under this subsection shall be deposited in the Oregon Community Development Fund created under ORS 285A.227 and are continuously appropriated to the commission for the purpose of administration or funding of the Oregon Industrial Development Revenue Bond and Express Bond Program.
(3)(a) In addition to the fees described in subsection (2) of this section, the commission may charge and receive reimbursement for expenses incurred in:
(A) The initial review of an application for economic development projects sought to be declared eligible for financing; and
(B) Matters arising after the issuance of a bond.
(b) Reimbursement for expenses under this subsection shall be charged and received in accordance with rules established by the department. [Formerly 285.320; 1999 c.509 §31; 2003 c.167 §8; 2007 c.804 §§74,91]
Section: Previous 285B.289 285B.290 285B.292 285B.295 285B.298 285B.320 285B.323 285B.326 285B.329 285B.332 285B.335 285B.338 285B.341 285B.344 285B.347 NextLast modified: August 7, 2008