2015 Oregon Revised Statutes
Volume : 11 - Public Health, Housing, Environment
Chapter 469 - Energy; Conservation Programs; Energy Facilities
Section 469.964 - Loan application; rules; fees; costs.

(1) Any private entity, public body or tribe desiring a loan from the Alternative Fuel Vehicle Revolving Fund shall submit an application to the State Department of Energy. The application shall be in such form as may be specified by the department.

(2) Any private entity, public body or tribe receiving a loan from the Alternative Fuel Vehicle Revolving Fund shall establish and maintain a dedicated source of revenue or other acceptable source of revenue for the repayment of the loan.

(3)(a) The State Department of Energy may require a private entity, public body or tribe that applies for a loan from the Alternative Fuel Vehicle Revolving Fund to pay a fee of one-tenth of one percent of the amount of the loan applied for or $2,500, whichever is less.

(b) In addition to the fee described in paragraph (a) of this subsection, a private entity, public body or tribe applying for a loan may be required to pay the department for costs incurred in connection with the application if the costs exceed the application fee and the Director of the State Department of Energy determines that the costs are incurred solely in connection with processing the application. The private entity, public body or tribe shall be advised of any additional costs that the private entity, public body or tribe must pay before the costs are incurred.

[2013 c.774 §5; 2014 c.38 §4]

Note: See note under 469.960.