1. (1) The Department and successful applicant shall execute a grant/loan contract prior to the disbursal of Program Funds.
2. (2) Documentation of projected costs for the Project costs shall be submitted to the Department prior to the disbursal of Program Funds.
3. (3) Disbursal of Program Funds for a grant will not exceed one disbursal per month and will be on a voucher basis.
4. (4) Upon request the successful applicant must provide the Department with a copy of documents, studies, reports and materials developed during the Project, including a written report on the activities or results of the Project and any other information that may be reasonably requested by the Department.
5. (5) Any Program Funds disbursed but not used for an approved Project must be returned to the Department.
6. (6) Amendments to project grant contracts are required to change a Project’s cost, scope, objectives or timeframe.
7. (7) The Department will require that a lien be placed upon the improvements in the county in which the project is located. This lien shall be in form approved by the Department and remains in effect for a period of not less than 10 years from the disbursal of the first funds.

Statutory/Other Authority

ORS 184.616, 184.619, 367.066, 367.067 & 823.011

Statutes/Other Implemented

ORS 367.066(2) & 367.067

History

RD 4-2004, f. & cert. ef. 5-20-04