(a) One nonvoting member appointed from members of the Senate by the President of the Senate;
(b) One nonvoting member appointed from members of the House of Representatives by the Speaker of the House of Representatives;
(c) One member appointed by the State Treasurer; and
(d) Six members appointed by the Governor.
(2) Persons appointed members of the board must be Oregon residents, well qualified by experience to make policy and recommendations in areas of concern to the Oregon Infrastructure Finance Authority and to perform the duties of office. Members shall be appointed with consideration given to knowledge and experience:
(a) In the field of state and municipal finance;
(b) Of the infrastructure and public works needs in Oregon cities;
(c) Of the infrastructure and public works needs in Oregon counties;
(d) Of issues related to ports that affect the state;
(e) Of issues related to special service district services furnished across the state; and
(f) Of infrastructure and public works necessary to further Oregon’s long term economic growth.
(3) The office of the State Treasurer may recommend persons with expertise in the field of state and municipal finance for membership on the board.
(4) The term of a member of the board appointed by the Governor, the State Treasurer or the President of the Senate is four years. The term of a member appointed by the Speaker of the House of Representatives is two years.
(5) In case of a vacancy on the board for any cause, the appointing authority shall appoint a successor to serve for the unexpired term.
(6) A member of the board may be appointed to serve two consecutive terms. A member who serves two consecutive terms is not eligible for reappointment within one year following the expiration of the second term.
(7) The board shall select one of its members to chair the board for such term and with duties and powers necessary to perform the functions of the office as the board determines.
(8) A majority of the voting members of the board constitutes a quorum for the transaction of business.
(9) Notwithstanding ORS 171.072, members of the board who are members of the Legislative Assembly are not entitled to mileage expenses or a per diem and serve as volunteers on the board.
(10) Members of the board who are not members of the Legislative Assembly are entitled to compensation and reimbursement for expenses as provided in ORS 292.495. [2009 c.830 §1a; 2011 c.272 §5]
Structure 2021 Oregon Revised Statutes
Volume : 07 - Public Facilities and Finance
Chapter 285A - Economic Development I
Section 285A.010 - Definitions for ORS 284.101 to 284.148 and ORS chapters 285A, 285B and 285C.
Section 285A.045 - Duties and functions of commission; exercise of commission powers; rules.
Section 285A.050 - Biennial report; content.
Section 285A.055 - Prerequisites for certain commission actions.
Section 285A.060 - Advisory and technical committees.
Section 285A.075 - Department duties; rules; contract authority; foreign trade offices.
Section 285A.083 - Authority to require fingerprints for criminal records check.
Section 285A.091 - Oregon Infrastructure Finance Authority Board; members; terms; quorum.
Section 285A.093 - Board duties; rules.
Section 285A.096 - Oregon Infrastructure Finance Authority; duties; staff.
Section 285A.101 - Administrator; powers; rules; staff.
Section 285A.103 - Oregon Infrastructure Finance Fund; sources; uses; rules.
Section 285A.116 - Regions for job development; economic innovation coordination.
Section 285A.143 - Sister State Committee; membership; term.
Section 285A.145 - Sister State Committee authority.
Section 285A.148 - Oregon-China Sister State Committee; membership; term.
Section 285A.152 - Oregon-China Sister State Committee authority.
Section 285A.157 - Oregon Broadband Advisory Council Fund; sources of funds.
Section 285A.160 - Biennial report.
Section 285A.166 - Oregon Broadband Office; duties.
Section 285A.185 - Brownfields redevelopment; department duties; rules.
Section 285A.190 - Oregon Coalition Brownfields Cleanup Program; loans and grants; rules.
Section 285A.192 - Oregon Coalition Brownfields Cleanup Fund; sources; uses.
Section 285A.193 - Definitions.
Section 285A.195 - Application process.
Section 285A.196 - Documentation required for forgiveness; repayment for noncompliance; cure.
Section 285A.197 - Rulemaking for administration of loan program.
Section 285A.198 - Oregon Brownfield Properties Revitalization Fund.
Section 285A.200 - Gifts; federal aid; fees.
Section 285A.206 - Department to prepare financial statements; contents; reporting period.
Section 285A.213 - Safe Drinking Water Revolving Loan Fund; administration; sources; uses.
Section 285A.224 - Business Retention Fund; purpose; administration; uses; rules.
Section 285A.227 - Oregon Business, Innovation and Trade Fund; uses; sources; rules.
Section 285A.230 - University Innovation Research Fund; grants.
Section 285A.240 - Legislative findings.
Section 285A.303 - Findings; purpose.
Section 285A.325 - Foreign trade zones; operators of zones.
Section 285A.328 - Specific corporation authorized to maintain foreign trade zone.
Section 285A.340 - Legislative findings; declaration of policy.
Section 285A.349 - Evaluation of effectiveness of assistance.
Section 285A.420 - Legislative findings.
Section 285A.422 - Definitions for ORS 285A.420 to 285A.435.
Section 285A.430 - Revenue bonds to finance agricultural projects.
Section 285A.435 - Beginning and Expanding Farmer Loan Program Fund.
Section 285A.510 - Definitions for ORS 285A.510 to 285A.522.
Section 285A.522 - Annual report of plant closings and layoffs; contents.
Section 285A.654 - Port Planning and Marketing Fund; uses; sources; investment.
Section 285A.657 - Grants; purposes; application; eligibility; standards; prohibited funding.
Section 285A.660 - Funding priorities; port strategic business plans; rules.
Section 285A.666 - Definitions for ORS 285A.666 to 285A.732.
Section 285A.672 - Review of application; fee.
Section 285A.678 - Qualifications for approval of project funding.
Section 285A.681 - Loan from fund; required contract terms; repayment plan; rules.
Section 285A.687 - Filing of lien against port; notice of satisfaction.
Section 285A.690 - Powers to enforce loan agreement.
Section 285A.702 - Funds for joint projects or match money; form of application.
Section 285A.705 - Loan contract; required provisions.
Section 285A.708 - Oregon Port Revolving Fund; uses; sources; debt limit; prohibited use.
Section 285A.709 - Transfers to Port Planning and Marketing Fund.