Oregon Administrative Rules
Chapter 690 - WATER RESOURCES DEPARTMENT
Division 100 - PAYMENT FOR PUBLIC BENEFITS IN WATER PROJECTS
Section 690-100-0035 - Disbursement of Funds
Current through Register Vol. 63, No. 9, September 1, 2024
(1) Any funds appropriated by the Legislative Assembly for partial repayment of a financed water development project shall be deposited in the Water Development Administration and Bond Sinking Fund. The Director shall, upon satisfactory completion of the project, disburse such funds to the project sponsor. The Commission shall be the final judge of satisfactory completion of the project.
(2) Any funds appropriated by the Legislative Assembly for the partial repayment of a proposed water development project shall be deposited in a separate account with the Water Resources Department. The Director shall, upon satisfactory completion of the project, disburse such funds to the project sponsor. The Commission shall be the final judge of satisfactory completion of the project.
Stat. Auth.: ORS 541 & ORS 542
Stats. Implemented: