Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 97 - INDUSTRIAL SITE READINESS
Section 123-097-2000 - Eligible and Ineligible Site Preparation Costs
Current through Register Vol. 63, No. 9, September 1, 2024
(1) As an overall requirement, all RSIS preparation activities and costs must be incurred in compliance with all applicable laws and regulations, including but not limited to prevailing wage rates, public procurement laws, land use laws, local development regulations, and municipal audit and budgeting procedures; as well as applicable contracts and regulatory agreements, for example, a brownfields remediation plan.
(2) The Department will transfer funds under a tax reimbursement agreement for costs incurred by and billed to the Sponsor and as reimbursement for costs already paid. All reporting of RSIS preparation activities and costs to the Department must be accompanied by written evidence of materials and labor furnished or work performed, itemized receipts or invoices for payment, and releases, satisfactions or other signed statements or forms as the Department may require.
(3) ELIGIBLE COSTS. The costs of goods, materials, services including planning and engineering services, construction, permits and fees, and use rights for all following activities necessary and reasonably related to preparing a RSIS are eligible costs:
Assembly and consolidation of parcels comprising the RSIS, including real property activities such as surveying, real estate, legal, title, insurance, lot adjustment acquisition or sale of parcels, easements, or rights of way.
(4) INELIGIBLE COSTS. Notwithstanding section (3) of this rule, the following activities and costs are not eligible costs:
Statutory/Other Authority: ORS 285A.075 & 285B.627(7) & (10)
Statutes/Other Implemented: ORS 285B.625, 285B.626 & 285B.627