OAR 123-061-0020: Temporary rule language in effect until 01/08/2027. Definitions

The following terms have the following definitions, unless the context clearly indicates otherwise: (1) “Department” means the Oregon Business Development Department established by ORS 285A.070. (2) “Fund” means the Regional Infrastructure Fund. (3) "Grant" means funds for an awarded Project that are not required to be repaid, if contract conditions are met. (4) “Grant and Loan Review Committee” means a committee designated by the Department to review and score Grant and Loan applications. (5) “Project” means any one or more of the following capital projects and supporting activities: (a) Construction, modification, replacement, repair, remodel, renovation or acquisition of a structure/material asset with a useful life of one year or longer; (b) include land acquisition or legal interest necessary for such physical improvements; (c) Incorporate installation of machinery, equipment, furnishings, or materials integral to the structure; (d) Encompass associated long-range planning, feasibility research, design, permitting, land-use and environmental studies, and financing activities directly tied to the project; or (e) Include utility systems, buildings, roads, broadband networks, levees, docks, trails, industrial, and community facilities. (6) “Loan” means a non-revolving loan for an awarded Project. Loan funds are required to be repaid after Project completion. (7) “Local government” means a city, county, district, other public corporation, commission, and authority or entity organized under state statute or city /county charter. (8) “Region” and “Regional” means an economic development district in Oregon, created by the Economic Development Administration of the United States Department of Commerce, for which the Governor has appointed a Regional Solutions Advisory Committee. (9) “Regional Priorities” means the priorities for economic and community development established by a Regionally-Based Planning Committee . (10) “Regionally -Based Planning Committee” means a Regional Solutions Advisory Committees appointed by the Governor as described in Chapter 82 Oregon Laws 2014. (11) “Request for Applications” means a document that provides information on the program; the schedule for the program’s funding cycle; funding allocation(s); eligibility of applicants or Projects; application information and requirements; the evaluation and selection process; and a sample contract. (12) “Tribe” means a federally recognized Indian tribe in Oregon as defined by ORS 182.162.