Oregon Administrative Rules
Chapter 698 - OREGON WATERSHED ENHANCEMENT BOARD, OREGON AGRICULTURAL HERITAGE PROGRAM
Division 15 - WORKING LAND CONSERVATION COVENANTS AND EASEMENTS
Section 698-015-0130 - Director Funding Approval and Distribution of Funds
Universal Citation: OR Admin Rules 698-015-0130
Current through Register Vol. 63, No. 3, March 1, 2024
(1) The Director may approve the distribution of grant funds. Funds may be distributed throughout the time between approval by the Board and the covenant or easement closing as the following conditions are met:
(a) A grant agreement is executed by
the Director and the grantee that includes a signed statement of understanding
and agreement to the roles and responsibilities under the working land
conservation covenant or easement by the participating owner of working
land;
(b) The funding conditions,
if any, imposed by the Board are satisfied to the full satisfaction of the
Director;
(c) The legal and
financial terms of the proposed real estate transaction are approved by the
Director;
(d) The required title
restrictions are approved by the Director;
(e) The Director has reconciled conditionally
approved funding with actual project costs;
(f) The grantee has satisfied the match
requirements under OAR 698-015-0060;
(g) The Board is notified in writing of the
Director's intent to hold or recover the grant funds pending Board
consideration under OAR 698-015-0140(1).
(2) For grants established under these rules, the Director is authorized to reimburse the grantee for allowable costs identified in OAR 698-015-0070 and to recognize match contributions under OAR 698-015-0060 that were incurred no earlier than 18 months before the applicable grant application deadline.
Statutory/Other Authority: ORS 541.984, ORS 541.988, ORS 541.989
Statutes/Other Implemented: ORS 541.977-541.989
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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