Oregon Administrative Rules
Chapter 123 - OREGON BUSINESS DEVELOPMENT DEPARTMENT
Division 97 - INDUSTRIAL SITE READINESS
Section 123-097-2200 - Sponsor Responsibilities
Universal Citation: OR Admin Rules 123-097-2200
Current through Register Vol. 63, No. 9, September 1, 2024
(1) The Sponsor shall:
(a) Maintain accounts and
records for all activities and expenditures associated with preparation of a
RSIS, giving the Department and its representatives reasonable access to such
records.
(b) Ensure that service
providers retained for their professional expertise are certified, licensed, or
registered, as appropriate or necessary in the State of Oregon for their
specialty.
(c) Follow standard
construction practices, such as requiring bonding, applicable insurance,
inspections, use of as-built drawings, and comply with applicable Oregon labor
standards and prevailing wage laws.
(d) Comply with the Oregon Public Contracting
Code (ORS chapters 279A, B, C).
(c)
Follow standard construction practices, such as requiring bonding, applicable
insurance, inspections, use of as-built drawings, and so forth on the
Project.
(d) Devise plans as
necessary for the ongoing operation, maintenance and upgrade of infrastructure
and remediation work that will preserve their benefits over their normally
useful life.
(e) Guarantee that the
RSIS will remain zoned for industrial use for not less than 20 years from when
the Loan Agreement or TRA is executed.
(f) Actively participate with eligible
employers in timely submitting annual reports as required in OAR
123-097-2600.
(2) For purposes of requisite signage posted at the RSIS and visible to the generally public, which the department may furnish, as well as all plans, bids, advertisement and other documents for the Project:
(a) The sponsor shall see that they
prominently bear the statement, "Project supported through the Oregon
Industrial Site Readiness Program Fund, administered by the State of Oregon
Business Development Department."
(b) In the event that a Loan Agreement is in
effect funded with state lottery proceeds used to capitalize the Oregon
Industrial Site Readiness Program Fund under ORS
285B.632, the sponsor shall also
comply with ORS 280.518 requiring public display
of information on lottery funding, including that the statement in subsection
(a) of this section also says, "..., and funded by Oregon State Lottery
proceeds."
(3) Responsibilities contained in this rule may affect the sponsor's receipt of Program loan award, loan forgiveness or tax reimbursements whether or not confirmed in the TRA or Loan Agreement, which may specify additional responsibilities.
Statutory/Other Authority: ORS 285A.075 & 285B.627(4) & (10)
Statutes/Other Implemented: ORS 285B.625 & 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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