Section 470.690 – Avoidance of foreclosure.
A person that acquired an interest in a property in good faith and for a valuable consideration before the date a lien described in ORS 470.680 or 470.685 attached to the property under ORS 470.170 may avoid foreclosure of the lien by paying any delinquencies and collection costs associated with the underlying loan repayment charge […]
Section 470.695 – Sale of real property; notice of loan repayment charge required.
A person entering into an agreement to sell, rent, lease or otherwise confer a right in the person’s real property that is benefited by an energy efficiency and sustainable technology loan for which a loan repayment charge or other repayment obligation applies or for which a fixture filing, lien or other form of security exists […]
Section 470.615 – Payment of bonds.
(1) Revenue bonds issued under ORS 470.610 do not constitute a debt, liability or general obligation of this state or any political subdivision of this state or a pledge of the faith and credit of this state or any political subdivision of this state, but shall be payable solely from the revenues, moneys and other […]
Section 470.700 – Use of loan offset grant moneys; alternate mechanisms.
(1) The State Department of Energy may use loan offset grant moneys for any of the following if, in the absence of the grant moneys, a utility customer would incur higher overall monthly costs when energy costs and small scale local energy project costs are considered: (a) Offsetting the cost of an approved small scale […]
Section 470.620 – Bond pledges; trustees.
The bonds issued by the State Treasurer under ORS 470.610 and the energy revenue bond declaration may: (1) Pledge all or any part of the fees received by the State Department of Energy under ORS 470.655 and all or any part of the moneys received in payment of energy efficiency and sustainable technology loans and […]
Section 470.710 – Apprenticeship and job training.
(1) The State Department of Energy shall collaborate with the State Workforce and Talent Development Board and other interested parties to identify opportunities for apprenticeship and for job training and development that would further the goals of ORS 470.500 to 470.710 and provide valuable skills to Oregon workers. (2) In adopting any rules for carrying […]
Section 470.630 – Form of disbursement; conditions for issuance.
(1) The State Department of Energy may disburse energy efficiency and sustainable technology loan and small scale local energy program loan moneys by providing the loan moneys through a sustainable energy project manager or providing the loan moneys to or through an entity described in ORS 470.060. Loan moneys may be disbursed through a sustainable […]
Section 470.715 – Costs of adopting rules.
The cost of adopting rules under ORS 470.140 to carry out ORS 470.500 to 470.710: (1) May be paid from the Jobs, Energy and Schools Fund or Energy Project Bond Loan Fund; or (2) May be paid from the Small Scale Local Energy Project Administration and Bond Sinking Fund created under ORS 470.300 if the […]
Section 470.635 – Requirement for energy savings projection; form of projection; use of certified primary contractors.
(1) The State Department of Energy may not complete an agreement for the issuance of an energy efficiency and sustainable technology loan unless the sustainable energy project manager, a primary contractor designated by the sustainable energy project manager or a person approved by the department completes an energy savings projection or similar evaluation for the […]
Section 470.720 – Loan program information to be provided by utilities; rules.
All investor-owned utilities and consumer-owned utilities that have customers enrolled in energy efficiency and sustainable technology loan programs shall, at the request of the Director of the State Department of Energy, provide the director with the following information in aggregated form regarding the loans: (1) Repayment performance; (2) Default rates; (3) Energy savings data; and […]