Stat. Auth.:ORS285B.230 - 285B.266 Stats. Implemented:ORS285B.230 - 285B.266 Hist.: Obdd 5-2013(Temp), F. & Cert. Ef. 6-3-13 Thru 11-30-13; Obdd 10-2013, F. 10-31-13, Cert. Ef. 11-1-13

Link to law: http://arcweb.sos.state.or.us/pages/rules/oars_100/oar_123/123_056.html
Published: 2015

The Oregon Administrative Rules contain OARs filed through November 15, 2015

 

QUESTIONS ABOUT THE CONTENT OR MEANING OF THIS AGENCY'S RULES?
CLICK HERE TO ACCESS RULES COORDINATOR CONTACT INFORMATION

 

OREGON BUSINESS DEVELOPMENT DEPARTMENT

 






















DIVISION 56
LOCAL ECONOMIC OPPORTUNITY FUND
123-056-0010
Purpose
As provided in Oregon Revised Statutes
(ORS) 285B.260, the Oregon Business Development Department shall administer the
Local Economic Opportunity Fund to provide grants for projects that support economic
development priorities as identified in approved local economic development strategies.
Stat. Auth.: ORS 285B.230 - 285B.266
Stats. Implemented: ORS 285B.230
- 285B.266
Hist.: OBDD 5-2013(Temp),
f. & cert. ef. 6-3-13 thru 11-30-13;
OBDD 10-2013, f. 10-31-13, cert. ef. 11-1-13
123-056-0020
Definitions
(1) “Department” means the
Oregon Business Development Department.
(2) “Fund” means
the Local Economic Opportunity Fund created by ORS 295B.260.
(3) "Approved Strategic Plan"
means a strategic plan determined by the Department to meet the requirements set
forth in OAR 123-056-0030.
Stat. Auth.: ORS 285B.230 - 285B.266
Stats. Implemented: ORS 285B.230
- 285B.266
Hist.: OBDD 5-2013(Temp),
f. & cert. ef. 6-3-13 thru 11-30-13; OBDD 10-2013, f. 10-31-13, cert. ef. 11-1-13
123-056-0030
Strategic Plans
In order to be an Approved Strategic
Plan, a strategic plan must:
(1) Identify, address and
coordinate the economic development priorities of a community or geographic region
in the state of Oregon
(2) Result in economic benefit
to the state of Oregon, such as:
(a) Promotes favorable investment
climate to strengthen businesses, create jobs, and raise real wages;
(b) Contributes in a manner
that improves the national and global competitiveness of Oregon companies;
(c) Assists Oregon communities
in building capacity to retain, expand, and attract businesses;
(d) Promotes, fosters and
sustains economic development in the state, emphasizing rural and distressed areas;
or
(e) Implements economic strategies
that reinforce Oregon’s long-term prosperity and livability.
(3) Sets forth, in measurable
terms, the extent to which the strategic plan will accomplish the economic development
priorities of the community or geographic region of the state of Oregon;
(4) Sets forth, in measurable
terms, the extent to which the strategic plan will accomplish the Department’s
performance standards as adopted by the Oregon Business Development Commission;
and
(5) Be formally adopted by
a municipality, a special district, a port, or other governmental entity.
Stat. Auth.: ORS 285B.230 - 285B.266
Stats. Implemented: ORS 285B.230
- 285B.266
Hist.: OBDD 5-2013(Temp),
f. & cert. ef. 6-3-13 thru 11-30-13; OBDD 10-2013, f. 10-31-13, cert. ef. 11-1-13
123-056-0035
Distribution of Funds
The Department, in its sole discretion,
shall determine grants awarded from the Fund. The grant must support implementation
of a project included in an Approved Strategic Plan.
Stat. Auth.: ORS 285B.230 - 285B.266
Stats. Implemented: ORS 285B.230
- 285B.266
Hist.: OBDD 5-2013(Temp),
f. & cert. ef. 6-3-13 thru 11-30-13; OBDD 10-2013, f. 10-31-13, cert. ef. 11-1-13
123-056-0040
Waiver of Non-Statutory Requirements
The Director or the Director’s
designee may waive non-statutory requirements of this division of administrative
rules, if demonstrated that such a waiver serves to further the goals and objectives
of ORS 285B.230 to 285B.266, and that it contributes to sound economic or community
development.
Stat. Auth.: ORS 285B.230 - 285B.266
Stats. Implemented: ORS 285B.230
- 285B.266
Hist.: OBDD 5-2013(Temp),
f. & cert. ef. 6-3-13 thru 11-30-13; OBDD 10-2013, f. 10-31-13, cert. ef. 11-1-13






















The official copy of an Oregon Administrative Rule is
contained in the Administrative Order filed at the Archives Division,
800 Summer St. NE, Salem, Oregon 97310. Any discrepancies with the
published version are satisfied in favor of the Administrative Order.
The Oregon Administrative Rules and the Oregon Bulletin are
copyrighted by the Oregon Secretary of State. Terms
and Conditions of Use
Read Entire Law on arcweb.sos.state.or.us