Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 25 - PORT PLANNING AND MARKETING FUND
Section 123-025-0021 - Project Funding Priorities
Current through Register Vol. 63, No. 3, March 1, 2024
(1) At the beginning of each state fiscal year the authority and the Ports will make reasonable efforts to identify and initiate high priority projects. Funding of up to 50% of that year's transfer of funds will be reserved exclusively for high priority projects for the first four months of the state fiscal year, after which it will become available for any eligible project.
(2) Projects to develop or update the strategic business plans as required under OAR 123-025-0016, or port marketing or financial plans, undertaken before the provisions of ORS 123-025-0016, will be given the highest priority.
(3) Other high priority projects are:
Stat. Auth.: ORS 285A.075
Stats. Implemented: ORS 285A.654 - 285A.660