Chapter 285B — EconomicDevelopment II

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2009 EDITION

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ECONOMICDEVELOPMENT II

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ECONOMICDEVELOPMENT

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BUSINESSDEVELOPMENT PROJECTS

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285B.050Ā  Definitionsfor ORS 285B.050 to 285B.098

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285B.053Ā  Borrowingmoney from Oregon Business Development Fund; application; report

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285B.056Ā  Fees;rules

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285B.059Ā  Conditionsfor commission approval of project; limits

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285B.062Ā  Loancontract; required provisions; repayment plan; state liability

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285B.065Ā  Loansin distressed areas exempt from security and collateral requirements

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285B.068Ā  Paymentof moneys for project; applicant to pay percentage of loan principal to OregonBusiness Development Fund

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285B.080Ā  Directoras agent; duties; power to approve loans

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285B.081Ā  Repaymentand collection; rules

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285B.083Ā  Useof refinancing and other financial assistance for repayment

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285B.086Ā  Authorizationto lend funds for joint governmental projects or match money; form of loanapplication; loan limit

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285B.089Ā  Loancontract; required provisions; repayment schedule

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285B.092Ā  OregonBusiness Development Fund; uses; transfer of unobligated funds

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285B.093Ā  OregonTargeted Development Account; purpose; exemption from minimum interest rate

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285B.098Ā  Statusof loan to county or municipality; project as security; repayment

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CAPITALACCESS PROGRAM

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285B.109Ā  Definitionsfor ORS 285B.109 to 285B.119

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285B.111Ā  Purposeof ORS 285B.109 to 285B.119

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285B.113Ā  Contractswith financial institutions to participate in program; required contents;disclosure of information

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285B.115Ā  Lossreserve accounts; policies; rules; moneys as property of state

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285B.117Ā  Enrollmentof qualified loan in program; notice to department; fees; transfers to lossreserve accounts; rules and limits for loans

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285B.118Ā  Claimsfor reimbursement of losses; reimbursable costs; repayment to loss reserveaccount

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285B.119Ā  CapitalAccess Fund; investment; retrieval of interest; administrative expenses

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SMALLBUSINESS DEVELOPMENT

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(Generally)

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285B.120Ā  OregonSmall Business Development Act

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285B.123Ā  Purpose

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(SmallBusiness Development Centers)

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285B.165Ā  Purposeof ORS 285B.165 to 285B.171

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285B.168Ā  Grants;application; required provisions; authorized uses; eligibility; subcontracts;report

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285B.171Ā  Shorttitle

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(Miscellaneous)

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285B.174Ā  Programsto assist businesses in procuring government contracts and grants

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MICROENTERPRISEDEVELOPMENT

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285B.178Ā  Definitionsfor Microenterprise Development Act

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285B.179Ā  Purposesof Microenterprise Development Act

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285B.186Ā  Shorttitle

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CREDITENHANCEMENT FUND

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285B.200Ā  Definitionsfor ORS 285B.200 to 285B.218

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285B.203Ā  Purposeof Credit Enhancement Fund

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285B.206Ā  Dutiesof department; rules; application procedure; agreement contents

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285B.209Ā  Feesand terms for loan and credit guarantees

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285B.215Ā  CreditEnhancement Fund; uses; sources

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285B.218Ā  Pledgeto assure repayment; transfer of funds to pay claims

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LOCALECONOMIC DEVELOPMENT

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285B.230Ā  Localeconomic development strategy

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285B.233Ā  Legislativefindings; purpose

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285B.236Ā  Guidelinesfor local economic development strategies; required provisions; rules

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285B.260Ā  LocalEconomic Opportunity Fund; authorized and prohibited uses; rules

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285B.266Ā  StrategicReserve Fund; uses

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INDUSTRYDEVELOPMENT PROJECTS

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285B.280Ā  Definitionof ā€œtraded sectorā€

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285B.283Ā  Policy

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285B.286Ā  Industrydevelopment activities

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285B.290Ā  IndustryCompetitiveness Fund; uses

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STATEREVENUE BONDS FOR INDUSTRIAL, COMMERCIAL, SOLID WASTE DISPOSAL, RESEARCH ANDDEVELOPMENT USES

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285B.320Ā  Purposeof ORS 285B.320 to 285B.371

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285B.323Ā  Definitionsfor ORS 285B.320 to 285B.371

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285B.326Ā  Requestfor issuance of bonds; fees; rules; reimbursement for expenses

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285B.329Ā  Reviewof project by commission; exception

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285B.335Ā  Powersof department; lease requirements

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285B.338Ā  Powersof commission

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285B.341Ā  Limitationon state power

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285B.344Ā  Issuanceof bonds

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285B.350Ā  Methodof issuing bonds

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285B.353Ā  Administrativeexpenses

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285B.356Ā  Refundingbonds

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285B.359Ā  Validityof bonds

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285B.362Ā  Covenantsin bonds

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285B.365Ā  Limitationsof bonds; recitals

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285B.368Ā  Powersand rights of bondholders

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285B.371Ā  Loansto eligible projects when state holds no interest

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INFRASTRUCTUREPROJECTS

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(Generally)

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285B.410Ā  Definitionsfor ORS 285B.410 to 285B.482

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285B.413Ā  Legislativefindings; purpose; use of moneys; rules

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285B.419Ā  Administrationof Special Public Works Fund; rules and policies

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(MunicipalDevelopment Projects)

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285B.422Ā  Fundingto municipalities for development projects; criteria for project funding;prohibited uses

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(Assistancefrom Special Public Works Fund)

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285B.428Ā  Applicationfor funds; rules

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285B.437Ā  Contractwith municipality; required provisions; repayment

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285B.440Ā  Primaryuse of moneys in fund; standards for awarding grants; limitations; rules

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285B.449Ā  Effectof failure to comply or default

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285B.455Ā  SpecialPublic Works Fund; uses; administration of fund

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285B.458Ā  Grantsfor assistance to distressed or rural areas; minimum

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285B.460Ā  Fundingand assistance for planning projects

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285B.462Ā  Fundingand assistance for emergency projects

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285B.465Ā  Allowablecosts of projects

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(RevenueBond Financing)

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285B.467Ā  Eligibilityfor revenue bond financing; rules; request for issuance; allowable costs

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285B.470Ā  Powersof authority

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285B.473Ā  Issuanceof revenue bonds

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285B.476Ā  Applicationof law to revenue bonds; proceeds; maximum duration of loans

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285B.479Ā  Natureof revenue bonds

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285B.482Ā  Revenuebonds as parity bonds; consolidation of bond proceeds; loans and consolidatedfunds as security for water or development projects

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INFRASTRUCTUREPROJECTS FOR SOUTHERN OREGON

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285B.500Ā  Purposeof ORS 285B.500 to 285B.512; legislative findings

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