Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 135 - BROWNFIELDS REDEVELOPMENT LOAN FUND
Section 123-135-0090 - Remedies

Universal Citation: OR Admin Rules 123-135-0090

Current through Register Vol. 63, No. 9, September 1, 2024

(1) If, at any time, it is discovered that the applicant or the project violates the applicant eligibility exclusions in OAR 123-135-0030 or the project eligibility exclusions in 123-135-0040. The Department may seek legal remedies against applicants that fail to comply with the requirements governing the fund. Remedies will not be imposed by the Department until the applicant has been notified in writing of deficiencies and has been given a reasonable time to respond and correct the deficiencies noted.

(2) One or more of the following remedies may be imposed by the Department:

(a) Bar a recipient from applying for future Fund assistance;

(b) Revoke an existing Fund award;

(c) Withhold unexpended Fund funds;

(d) Require return of unexpended funds;

(e) Demand immediate repayment of expended funds at a market based rate of interest; or

(f) Withhold other state funds.

Stat. Auth.: ORS 285A.075

Stats. Implemented: ORS 285A.185 & 285A.188

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