(2) The fund shall consist of:
(a) Net proceeds from the issuance of revenue bonds under ORS 470.610 that are deposited to the fund;
(b) Moneys from project initiation fees under ORS 470.655;
(c) Repayments of any moneys loaned from the fund and interest earned on those moneys;
(d) Any moneys appropriated to the fund;
(e) Moneys from the sale of refunding bonds under ORS 470.610 and any accrued interest on those bonds; and
(f) Interest earned on cash balances invested under ORS 470.595.
(3) Moneys in the fund are continuously appropriated to the State Department of Energy for the following purposes:
(a) Subject to ORS 470.620, to issue and administer small scale local energy program loans and energy efficiency and sustainable technology loans and to administer the loan programs.
(b) For transfer to the Energy Revenue Bond Repayment Fund for the payment of bond obligations, the costs of issuing bonds described in subsection (2) of this section and the costs of administering the revenue bond program and for the funding of bond payment reserves. Transfers under this paragraph shall be carried out as determined by the Director of the State Department of Energy under ORS 470.610 (2).
(4) The State Treasurer may establish any subaccounts in the Energy Project Bond Loan Fund that the treasurer or the director considers reasonable for the efficient administration of the fund. [2009 c.753 §17]
Structure 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 470.140 - 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 470.270 - General obligation refunding bonds.
Section 470.280 - General obligation bond repayment from sinking fund.
Section 470.310 - Procedure if sinking fund inadequate.
Section 470.525 - Quarterly report.
Section 470.530 - Qualifications; duties; certification program.
Section 470.535 - Applications for certification as project manager; selection factors.
Section 470.545 - Appeal of certification decision; fee.
Section 470.555 - Project managers; contract with qualified third parties; coordination.
Section 470.560 - Rules; certification standards; provision for preferred service providers.
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 470.610 - 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 470.640 - 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.