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- 470.085 [1985 c.593 §8; repealed by 1991 c.118 §4]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