OAR 123-042-0036: Project Priorities and Funding

The Authority may consider the following Project priorities and preferences when the Authority anticipates a shortfall in funding: (1) Projects which are essential for the improvement, expansion and new construction of the state’s infrastructure systems and provide the basic framework for continuing and expanding economic activity in this state, thereby improving the quality of life and economic opportunity for the people of Oregon; (2) Projects which are essential to maintain usable and developable industrial and commercial lands in Oregon; (3) Projects located in rural or distressed areas of Oregon; (4) Projects that have secured funding from additional sources; (5) Projects that demonstrate readiness, community support, and local commitment; (6) Projects which provide financial or other assistance to enable Municipalities to construct, improve and repair those facilities that are essential for supporting continuing and expanded economic activity; (7) Projects for which a Municipality has documented how the benefits of the Project will be preserved over the Project life; (8) Projects that help create or retain permanent jobs; (9) Projects that stimulate industrial growth and commercial enterprise and to promote employment opportunities in Oregon; and (10) Emergency Projects.