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

OR Rev Stat § 470.600 (2019) (N/A)
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(1) The director estimates that interest rates and total costs to program applicants that would result from the use of the supplemental capital funds are lower than would result from the use of bond proceeds; and

(2) The supplemental capital funds are made subject to any requirements adopted by the director by rule to ensure adequate protection of project moneys. [2009 c.753 §21]