Or. Admin. Code § 123-049-0026

Current through Register Vol. 63, No. 12, December 1, 2024

Section 123-049-0026 - Application Review and Approval

(1) After Oregon Health Authority eligibility determination and rating and ranking of a preliminary letter of interest form, an eligible water system may submit a funding application upon invitation from the Authority. The water system shall comply with the Authority's procedures for submitting applications.

(2) The application shall be in the form provided by the Authority and shall contain or be accompanied by such information and documentation as the Authority may require. The Authority will process only completed applications.

(3) For a project that is part of a water system that is, or will be, functionally connected to another water system, a cooperation agreement that describes the duties and obligation of each entity is required. The fully executed agreement must be provided before funds for construction activities may be disbursed.

(4) In order to approve a funding application, the Authority must make the following determinations:

(a) Project feasibility as demonstrated by certification from a professional engineer registered in the State of Oregon in an engineering report, such as a Master Plan, that the proposed project is feasible or other feasibility documentation approved by the Authority.

(b) The loan is secured by the pledge of utility revenues or other revenues or payments from owners of specially benefitted properties, and these revenues or payments are sufficient, when considered with other security, to assure repayment of the loan and the Applicant has certified to the Authority that there will be adequate funds available to repay the loans made to the Applicant from the Fund.

(c) Moneys in the appropriate accounts of the Fund are or will be available for the project.

(d) The Applicant is willing and able to enter into a contract with the Authority.

(e) The project is consistent with the requirements governing assistance from the Fund. If the Authority determines that the water system or the proposed project does not meet the requirements of OAR 123-049-0026, the Authority may reject an application or require further documentation from the Applicant.

Or. Admin. Code § 123-049-0026

OBDD 8-2023, adopt filed 06/05/2023, effective 6/5/2023

Statutory/Other Authority: ORS 285A.075 & ORS 285.213(4)

Statutes/Other Implemented: ORS 285.213