Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 97 - INDUSTRIAL SITE READINESS
Section 123-097-1000 - Sponsor Qualification
Universal Citation: OR Admin Rules 123-097-1000
Current through Register Vol. 63, No. 9, September 1, 2024
(1) Criteria the Department will consider when determining Sponsor qualification are:
(a) Whether the applicant has or will
have the financial, material, equipment, facility and personnel resources and
expertise, or has the ability to obtain the resources and expertise, necessary
to implement its proposed economic development strategy for the site.
(b) The applicant's record of performance on
similar site preparation and economic development strategies for such sites,
considering the extent that performance remained within the applicant's
control.
(c) The record of
integrity for an applicant's executive staff and governing body, regarding
matters related to the entity's operations.
(d) The economic development strategy for the
RSIS.
(2) An applicant to become a Sponsor must submit materials to the Department according to 123-097-1500, that:
(a) Includes the Sponsor's economic
development strategy for the site.
(b) Lists all parties involved in site
preparation activities, including underwriters, and other private or public
investors.
(c) Describe planned or
completed site preparation improvements, an estimated timeframe for the
improvements from start to completion, and the actual or budgeted costs for
such improvements.
(d) Provide
estimated employment at the proposed RSIS once the site is developed to its
planned full capacity.
(e) Outline
local workforce characteristics and workforce development programs existing or
planned to support the site's development.
(f) Include any of the following materials
that exist: drafts or final versions of a site preparation assessment, site
master plans, wetland mitigation or avoidance plans, archeological surveys,
transportation improvement plans, environmental assessments and remediation
plans, any pre-permits or permits needed or obtained, any resolutions and
ordinances passed by local governments, and any other related documentation of
the site's preparation and development.
(g) If the proposed RSIS has a private owner
who owns all or portions of the property comprising the site or rights critical
to its re/development, the application must also include an executed
Development Agreement between the Sponsor and the private owner or the owner's
developer, demonstrating:
(A) The
responsibilities of the respective parties for performing and paying for site
preparation, construction, and infrastructure requirements for the proposed
RSIS; and satisfying land use requirements; and
(B) The Sponsor's and private owner or
developer's plan to operate as a traded-sector industrial use employer, or a
commitment to make the proposed RSIS available for purchase, lease or exchange
to an employer for traded-sector industrial use.
(h) Supplemental information as requested by
the Department.
Statutory/Other Authority: ORS 285A.075 & 285B.627 (3), (4) & 10)
Statutes/Other Implemented: ORS 285B.625, 285B.626 & 285B.627
Disclaimer: These regulations may not be the most recent version. Oregon may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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