2021 Oregon Revised Statutes
Chapter 470 - Small Scale Local Energy Projects
Section 470.210 - Municipal corporation may enter into loan contract; purchase of municipal corporation’s general or revenue obligation.


(2) In order to finance a small scale local energy project, the Director of the State Department of Energy, on behalf of the state and in lieu of entering into a loan contract under subsection (1) of this section, may purchase or otherwise acquire a municipal corporation’s general obligations or revenue obligations, including but not limited to bonds, notes, certificates of participation, warrants or lease purchase agreements. [1983 c.188 §8; 2003 c.186 §68; 2005 c.201 §7]

Structure 2021 Oregon Revised Statutes

2021 Oregon Revised Statutes

Volume : 13 - Housing, Games, Environment

Chapter 470 - Small Scale Local Energy Projects

Section 470.050 - Definitions.

Section 470.060 - Application for financing; content; fee.

Section 470.065 - Confidentiality of information provided by or on behalf of applicant.

Section 470.070 - Small Scale Local Energy Project Advisory Committee.

Section 470.080 - Standards for small scale local energy projects; rules; review of applications; referral to committee; committee criteria.

Section 470.090 - Approval or rejection of project financing by director; certification of amount of loan; findings; notice.

Section 470.100 - Committee review of rejection or approval in different amount; committee appeal to Governor; finality of Governor’s action.

Section 470.140 - Rulemaking authority; biennial report.

Section 470.150 - Loan contract; security; content.

Section 470.155 - Loan contract in form of intergovernmental agreement; provisions.

Section 470.170 - Security for loan.

Section 470.210 - Municipal corporation may enter into loan contract; purchase of municipal corporation’s general or revenue obligation.

Section 470.270 - General obligation refunding bonds.

Section 470.280 - General obligation bond repayment from sinking fund.

Section 470.300 - Small Scale Local Energy Project Administration and Bond Sinking Fund; uses; sources.

Section 470.310 - Procedure if sinking fund inadequate.

Section 470.500 - Goals.

Section 470.510 - State Department of Energy may enter contracts for loan issuance; financing of loans; consent of utility.

Section 470.525 - Quarterly report.

Section 470.530 - Qualifications; duties; certification program.

Section 470.535 - Applications for certification as project manager; selection factors.

Section 470.540 - State Department of Energy to notify unsuccessful applicants; time- table for certification of project manager.

Section 470.545 - Appeal of certification decision; fee.

Section 470.550 - Term of certification of project manager; certification approval letter; conditions for termination of certification.

Section 470.555 - Project managers; contract with qualified third parties; coordination.

Section 470.560 - Rules; certification standards; provision for preferred service providers.

Section 470.565 - Loan applicant request for energy savings projection; processing of loan applications.

Section 470.570 - Energy Project Supplemental Fund; sources; uses.

Section 470.575 - Jobs, Energy and Schools Fund; sources; uses.

Section 470.580 - Energy Project Bond Loan Fund; sources; uses.

Section 470.585 - Energy Revenue Bond Repayment Fund; uses.

Section 470.590 - Proposals; selection.

Section 470.600 - State Department of Energy may enter agreements to disburse supplemental capital funds; conditions.

Section 470.605 - Local governments may direct moneys to certain funds to finance loans; accounting of moneys.

Section 470.610 - Issuance of bonds; written declarations of State Department of Energy.

Section 470.615 - Payment of bonds.

Section 470.620 - Bond pledges; trustees.

Section 470.630 - Form of disbursement; conditions for issuance.

Section 470.635 - Requirement for energy savings projection; form of projection; use of certified primary contractors.

Section 470.640 - Amount of loans; exceptions.

Section 470.645 - Application for loan; contents.

Section 470.650 - Residential small scale local energy projects; weatherization program.

Section 470.655 - Project initiation fee; base efficiency package fee; rules.

Section 470.660 - Investor-owned utilities; requirements of system; rules; waiver.

Section 470.665 - Consumer-owned utilities; requirements of system; rules; waiver.

Section 470.675 - Cost eligibility for ratemaking purposes; loan repayment charges.

Section 470.680 - State Department of Energy to identify forms of acceptable security.

Section 470.685 - Recording liens; foreclosure of liens; attorney fees and costs.

Section 470.700 - Use of loan offset grant moneys; alternate mechanisms.

Section 470.710 - Apprenticeship and job training.

Section 470.715 - Costs of adopting rules.

Section 470.720 - Loan program information to be provided by utilities; rules.

Section 470.800 - Clean Energy Deployment Fund; sources; uses.

Section 470.805 - Renewable Energy Development Subaccount; sources; uses.

Section 470.810 - Clean energy deployment program; prevailing wage requirements; rules.

Section 470.815 - School district projects.