Oregon Administrative Rules
Chapter 738 - OREGON DEPARTMENT OF AVIATION
Division 124 - AVIATION SYSTEM ACTION PROGRAM FUND
Section 738-124-0040 - Maximum COAR Grant Amounts and Applicant Financial Matching Requirements
Universal Citation: OR Admin Rules 738-124-0040
Current through Register Vol. 63, No. 3, March 1, 2024
(1) Maximum grant amounts for the COAR program is:
(a) $150,000
per project.
(b) Maximum amount
listed in this rule is cumulative to all applications submitted with respect to
a single project.
(c)
Notwithstanding the maximum grant amounts listed in this section, the Board may
award a larger grant if it makes a finding that a larger grant awarded to a
particular project would serve the purposes of the program. If an Applicant
applies for a grant amount above the maximum amount listed in this section, the
application must include a detailed statement of how the grant amount in excess
of the maximum listed in this section would serve the purposes of the
respective program as described in OAR 738-124-0010.
(2) COAR Financial matching requirements.
(a) Minimum financial match requirements are
based on the category of airport at which the project will be performed, as
listed in the current Oregon Aviation Plan. By category, the minimum financial
match requirements are:
(A) Category 1
(i) Other Commercial Non-Primary (less than
10,000 enplanements): 35% of the total eligible project costs
(ii) Commercial Primary: 50% of the total
eligible project costs
(B) Category 2 - Business: 25% of the total
eligible project costs
(C) Category
3 - Regional: 10% of the total eligible project costs
(D) Category 4 - Community: 10% of the total
eligible project costs
(E) Category
5 - Low Activity: 5% of the total eligible project costs
(b) Notwithstanding subsection (a), the
minimum financial match requirement for an airport listed in Table 1 of the
FAA's Essential Air Service (EAS)/Economically Distressed Area (EDA)
Determination memo dated February 8, 2019 is 5% of the total eligible project
costs.
(c) For applications filed
for assistance with FAA Airport Improvement Program (AIP) match requirements,
the grant match amount is the eligible project cost and is subject to the
minimum financial match requirements described above.
Statutory/Other Authority: ORS 835.035, 835.040, 835.112 & OL 2019 c.485 Section 1(2)(b)
Statutes/Other Implemented: ORS 835.025, OL 2019 c.485 Section 1, 835.040 & OL 2021 c.526 Section 4(5)(a)(D) and (b)
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.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.