Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 46 - TIDE GATE GRANT AND LOAN PROGRAM
Section 123-046-0020 - Eligible Project Costs and Activities
Current through Register Vol. 63, No. 9, September 1, 2024
Eligible costs include the reasonable costs and necessary, as determined by the Department, for eligible tide gate projects and may include:
(1) Tide gate project development costs including, but not limited to: direct costs associated with design and engineering, legal costs, permitting, environmental review, regulatory processes, landowner coordination, and support activities necessary to develop a tide gate construction project;
(2) Funding award administration costs not to exceed $10,000;
(3) Construction, repair or replacement of tide gates, culverts, or other barriers to land drainage and flood protection associated with a tide gate drainage system;
(4) Support activities necessary to construct a tide gate project;
(5) Activities intended to stabilize drainage channels;
(6) Construction contingencies for a tide gate construction project; and
(7) Financing costs associated with the Department's financing including capitalized interest, issuance and debt service reserve costs, when such costs are incurred in funding a project.
Statutory/Other Authority: ORS 285A.075 & Ch 10, OL 2020
Statutes/Other Implemented: Ch 10, OL 2020
