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Section 197A.413 - City Economic Development Pilot Program Fund.

OR Rev Stat § 197A.413 (2019) (N/A)
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(2) The fund shall consist of:

(a) Moneys appropriated by the Legislative Assembly for deposit in the fund;

(b) Any gifts, contributions or donations made to the State of Oregon for deposit in the fund; and

(c) Earnings on moneys in the fund.

(3) The commission may use the moneys in the fund to finance the establishment and implementation of the pilot program established under ORS 197A.405.

(4) The commission is authorized to accept gifts, contributions or donations from any person, including any public body as defined in ORS 174.109, for deposit in the fund. [2017 c.709 §6]

Note: Section 5, chapter 709, Oregon Laws 2017, provides:

Sec. 5. (1) The Land Conservation and Development Commission shall report on the progress of the pilot program, in the manner provided in ORS 192.245, to the committees of the Legislative Assembly related to housing and human services during the 2022 regular session of the Legislative Assembly.

(2) The commission’s report shall, at a minimum, include:

(a) A summary of the pilot program’s impact on the city, county and region;

(b) The number of jobs created by the pilot program;

(c) The number of new businesses established within the boundaries of the pilot program site; and

(d) An analysis of the economic growth of the city and county since the implementation of the pilot program. [2017 c.709 §5]

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